Bangladesh鈥檚 earnings from exports witnessed a positive growth of 11.68 per cent to $28.97 billion in July-January period of ongoing financial year 2024-25, according to the latest data published by the Export Promotion Bureau.
In the mentioned period of the last fiscal or FY24, the earnings from export were $25.94 billion, EPB data also stated.
The state agency provided this data, reflecting real-time shipment updates as per Asycuda World from the National Board of Revenue.
In single month of January 2025, fetching a 5.70 per cent positive growth, Bangladeshi shippers exported goods worth $4.44 billion, higher than $4.20 billion export in January 2024.
In January 2025, the readymade garment sector remained the dominant force behind export earnings and experienced a positive growth of 5.57 per cent to $3.66 billion, which was $3.47 billion in January of 2024.
According to EPB data, in July-January period of FY25, export earnings from almost all major sectors maintained positive growths.
In the period, fetching a 12 per cent positive growth, earnings from the RMG sector reached to $23.55 billion, higher from $21.02 billion in the same period of FY24.
In this period, knitwear earned $12.69 billion, 12.03 per cent higher than $11.32 billion, and woven earned $10.86 billion, 11.97 per cent higher than $9.70 billion in FY24.
Home textiles also saw a positive growth of 6.22 per cent to $493.86 million in the July-January period of FY25, up from $464.93 million in the same period of the last fiscal.
In the first seven months of FY25, export earnings from agricultural products increased by 10.59 per cent to $ 673.84 million, higher from $ 609.32 million in the same period of last fiscal year.
Leather and leather goods experienced positive growth of 8.08 per cent to $ 669.03 million, up from $ 619.04 million in the July-January period of FY25, EPB data stated.聽
Another potential export sector, engineering products, fetched a positive growth of 9.03 per cent to $ 293.47 million, up from $ 269.17 million in last FY.
However, in July-January of FY25, export receipts from jute and jute goods experienced negative growth of 8.35 per cent to $ 484.31 million, down from $ 528.44 million in July-January of FY24, EPB data stated.
Appreciating the positive growth, Shams Mahmud, managing director of Shasha Denim, urged the government to analyse value addition margins, as local backward industries are struggling to supply export-oriented apparel factories and that鈥檚 why the apparel exporters are increasingly relying on imported yarn and fabrics.
He also stressed the importance of policies ensuring a stable energy supply and supporting the green transition, which would be critical for business sustainability.
He urged the government to address LDC graduation challenges by strengthening backward linkages. 聽
Regarding the recent US-China trade war, he said that due to the US government鈥檚 10 per cent tariff hike, Bangladesh can capture at least 15 per cent more orders by ensuring adequate energy supply, green and highly compliant factories.
BKMEA president Mohammad Hatem said that despite a recent increase in the export, they are worried about the rising production costs. He also said that the law-and-order situation has yet to fully stabilise, which is essential for restoring buyer confidence.
According to the EPB, the revised export earning in FY24 was $44.47 billion, which was $55.28 billion in mismatched data.