RMG exports up by almost 5% in FY 2023-24

UNB :
The Export Promotion Bureau (EPB) has released the apparel export statistics for the period of July-April FY-2023-24.
During the mentioned period, the readymade garment (RMG) exports grew by 4.97 per cent year-over-year to $40.49 billion from $38.58 billion during the same period of the fiscal year 2022-23, said BGMEA Director Mohiuddin Rubel.
The export of knitwear was $22.88 billion, growth increased by 9.11 per cent and woven garments were $17.62 billion, growth increased by 0.03 per cent, the business group’s leader said.
The single-month apparel export earnings that indicate export in April 2024 was $3.29 billion which decreased by 1.01 per cent growth compared to April 2023, he added.