RMG drives June export growth FY26 ends in decline

Date:

Post View:

RMG drives June export growth FY26 ends in decline

B Mirror Report: Bangladesh’s export earnings recorded a strong year-on-year increase in June, driven by robust garment shipments. However, despite the monthly surge, the country’s total export income for the fiscal year 2025-26 declined slightly compared with the previous year, according to the latest data released by the Export Promotion Bureau (EPB).

EPB data showed that Bangladesh earned $4.20 billion from merchandise exports in June 2026, up 25.91% from $3.34 billion in the same month a year earlier.

The growth was largely fueled by the ready-made garment (RMG) sector. Garment exports reached $3.39 billion in June, compared with $2.79 billion in June 2025, marking a 21.52% year-on-year increase.

Despite the strong performance in the final month of the fiscal year, Bangladesh’s total export earnings for FY2025-26 (July 2025-June 2026) slipped 0.58% to $48.0 billion, down from $48.28 billion in the previous fiscal year.

The RMG sector, which accounts for the largest share of Bangladesh’s exports, also recorded an annual decline. Garment export earnings fell 1.64% to $38.70 billion in FY2025-26 from $39.35 billion a year earlier.

Several other export sectors also posted significant declines during the fiscal year. Export earnings from tobacco products dropped 21.36%, tea exports fell 18.78%, ceramic products declined 18.57%, handicrafts decreased 14.73%, and jute exports fell 11.64%.

However, some non-traditional sectors showed remarkable growth. Shipbuilding exports surged by 666% during the fiscal year, while exports of fruits, bicycles and electronic products also registered strong growth, highlighting emerging opportunities to diversify Bangladesh’s export basket.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

BB plans inflation-targeting monetary policy framework

Bangladesh Bank is preparing to gradually transition to an...

Shahjalal Islami Bank holds workshop for branch managers

Shahjalal Islami Bank Training Academy organized a day-long Workshop...

Sonali Bank Promotes Bangla QR 

Sonali Bank PLC launched a nationwide awareness campaign with...

RAK ceramics Bangladesh appoints new CEO

RAK Ceramics (Bangladesh) Limited, a company listed on the...