RMG exports to non-traditional markets decline 5.95pc

Garment exports to non-traditional markets declined by 5.95 percent year-on-year to $5.68 billion in the July-May period of the outgoing fiscal year, according to data from the Export Promotion Bureau (EPB) compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Saturday.

Bangladesh considers all markets non-traditional except the USA, the European Union (EU), Canada and the UK.

During this period, garment exports to the EU declined by 4.88 percent to $17.36 billion, while exports to the USA decreased by 0.04 per cent to $7.03 billion.

However, RMG shipments to Canada grew slightly by 2.27 percent to $1.23 billion during this period, while exports to the UK fell by 0.50 per cent to $4.02 billion. Overall, Bangladesh’s RMG exports reached $35.31 billion during the July-May period of fiscal year 2025-26, registering a 3.41 per cent year-on-year decrease.

Among RMG items, knitwear exports declined by 4.26 percent to $18.78 billion, while woven garment exports posted a 2.42 percent decrease to $16.52 billion, the EPB data also showed.