Staff Reporter:
Bangladesh’s overall exports grew by 17.72% year-on-year in December thanks to the increase in ready-made garment (RMG) shipments.
According to data released by the Export Promotion Bureau (EPB) on Thursday, the country’s export earnings in December 2024 reached around $4.63 billion, compared to $3.93 billion in 2023.
The EPB data also showed that between July and December, merchandise export products valued at $24.53 billion, an increase from $21.74 billion in the same period the previous year.
The apparel sector, the largest contributor to exports, has recorded a 13.28% growth in the first half of the ongoing fiscal year, with earnings amounting to $19.89 billion, the data also showed.
However, the RMG sector’s exports increased by 17.45% in December compared to a year ago.
Other key sectors such as leather and leather goods, agricultural products, home textiles, frozen and live fish, and plastic products have also shown positive growth during this period.
However, exports of jute and jute goods have experienced a decline.