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Export Earnings Grow by 9.83% in July–April

Staff Correspondent: Trade 2025-05-05, 7:35pm

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Bangladesh’s export earnings have posted a steady growth of 9.83 percent during the first ten months (July to April) of the current 2024–25 fiscal year, reaching a total of US$40.20 billion, according to data released by the Export Promotion Bureau (EPB).

The figure marks a notable rise from $36.61 billion earned during the same period in the previous fiscal year (2023–24), underscoring a gradual recovery in the country’s external trade amid global economic uncertainties.

In April 2025 alone, export income reached $3.01 billion, up slightly by 0.86 percent compared to $2.99 billion in April 2024. The month-on-month increase, while modest, reflects a continued positive trend in export performance.

The Ready-Made Garment (RMG) sector, the mainstay of Bangladesh’s export economy, once again led the growth, contributing $32.64 billion in the July–April period. This represents a 10 percent year-on-year rise from the $29.67 billion recorded during the corresponding period last year.

In April 2025, RMG exports alone amounted to $2.40 billion, inching up from $2.38 billion in April 2024, registering a 0.44 percent monthly growth. The sector’s resilience remains a key driver of the country’s overall export strength.

Exporters and analysts say the growth reflects increasing global demand, gradual market diversification, and efforts to enhance product quality and compliance. However, they also caution that rising production costs, a volatile global economy, and geopolitical tensions could pose challenges to sustaining the current pace.

Sectors such as leather goods, jute products, home textiles, and frozen food also contributed to the earnings, although their growth has remained comparatively moderate. Detailed sector-wise performance is expected to be released in the full-year EPB report.

Trade officials expressed optimism that Bangladesh would be able to meet or come close to its fiscal year-end export target if the current trend continues, particularly with increased orders expected in the final quarter.