Bangladesh’s garment exports grow 6.10% in Q1 of FY27

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Bangladesh’s garment exports grow 6.10% in Q1 of FY27

Bangladesh’s ready-made garment (RMG) export earnings increased by 6.10% year-on-year to $10.58 billion in the first quarter (July–September) of the 2026–27 fiscal year, up from $9.97 billion in the same period of the previous fiscal year, according to the Export Promotion Bureau (EPB).

According to EPB data, knitwear exports generated $5.96 billion during the July–September period, compared with $5.58 billion a year earlier, marking an increase of 6.88%.

Meanwhile, woven garment exports rose by 5.11% to $4.61 billion, up from $4.39 billion in the corresponding period of FY26.

September recorded stronger export growth during the quarter, with total RMG export earnings reaching $3.08 billion, up 8.56% from $2.84 billion in the same month last year.

Knitwear exports in September increased by 8.58% to $1.77 billion, compared with $1.63 billion a year earlier. Woven garment exports rose by 8.54% to $1.31 billion from $1.21 billion in September 2025.

The export sector, however, started the fiscal year on a weaker note. In July, total garment exports declined by 1.92% year-on-year to $3.89 billion, down from $3.96 billion in the same month of the previous year.

During July, knitwear exports fell by 0.90%, while woven garment exports dropped by 3.16%.

The sector rebounded in August, when RMG export earnings surged by 13.92% year-on-year to $3.61 billion, compared with $3.16 billion in August 2025.

Knitwear exports grew by 14.88% in August, while woven garment exports increased by 12.70%.

The continued growth in August and September helped Bangladesh’s garment export sector achieve a 6.10% overall increase in earnings during the first three months of FY27.

 

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