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Monday | November 02, 2026 | Dhaka

Export earnings, remittance inflows both rising in first 4 months of FY27 despite global turmoil

 Business Report
 Published: 12:02 AM, 02 November 2026

Bangladesh’s merchandise export earnings, remittance inflows both register a mentionable growth in the first four months (July-October) of the current fiscal year of 2026-27 amid global turmoil.

Export earnings grew 6 percent year-on-year to US$17.04 billion in the first four months (July-October) of the current fiscal year (FY2026-27), according to latest Bangladesh Bank data published on Sunday.

The country earned $16.08 billion from merchandise exports during the same period of the previous fiscal year, meaning earnings increased by $960 million year-on-year.

Correspondingly, Bangladesh received US$11.465 billion in remittances during July-October of the current fiscal year (2026-27), marking a 13 percent increase from US$10.149 billion in the same period of the previous fiscal year.

The ready-made garment (RMG) sector remained the main contributor to export earnings, with both knitwear and woven garment exports recording growth.

Knitwear exports rose 7 percent to $7.71 billion from $7.20 billion in the corresponding period last year, while woven garment exports increased 4.8 percent to $6 billion from $5.73 billion.

Several other export sectors also posted growth during the July-October period.

Jute and jute goods exports increased 23.8 percent to $383 million, while leather and leather products rose 12.7 percent to $464 million. Chemical product exports grew 27.3 percent to $157 million.

Exports of wigs and human hair recorded the highest growth among the listed sectors, surging 86.4 percent to $94 million.

Home textile exports rose 7.4 percent to $263 million, while footwear exports increased 9.7 percent to $194 million.

However, exports declined in several other sectors.

Agricultural product exports fell 13.5 percent to $325 million, while cotton and cotton-related product exports dropped 10.2 percent to $170 million.

Exports of frozen and live fish decreased 10.9 percent to $152 million, while paper and paper product exports fell 18.2 percent to $75 million.

Likewise, expatriate Bangladeshis sent home US$2.874 billion in October 2026, up 12.1 percent from US$2.564 billion recorded in October 2025.

The country received US$218 million in remittances during October 29-31, 2026, the data showed.

The sustained growth in remittance inflows reflects a positive trend in overseas earnings sent through formal channels, strengthening the country’s foreign exchange inflows.