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

BSEC fines 50 directors officials Tk 29.23cr for dividend default

The Bangladesh Securities and Exchange Commission (BSEC) has fined...

Sonali Paper’s profit nearly doubles on deferred tax income

Sonali Paper and Board Mills reported an 89.15% year-on-year...

AIBL holds town hall meeting in Dhaka North Zone

A day-long Town Hall Meeting of Al-Arafah Islami Bank's...

BKB holds divisional conference 2026 for cumilla division

Bangladesh Krishi Bank’s Cumilla Divisional Conference 2026 was held...