GBangladesh’s export earnings reached $4.12 billion in November 2024, showing a 15.63% increase compared to the same month last year. This growth was driven mainly by the ready-made garment (RMG) sector and strong performances in agriculture, manufacturing, and home textiles.
For the first five months of the current fiscal year (July-November), Bangladesh earned $19.91 billion from exports, marking an 11.75% increase over the same period last year. The RMG sector was the largest contributor, with exports worth $14.35 billion, a 12.5% growth.
In November alone, the RMG sector earned $3.31 billion, growing by 16.25% compared to last year. This sector remains the biggest driver of Bangladesh’s export economy, contributing significantly to the overall growth. Other Sectors also Showed Strong Performance.
Agricultural exports increased by nearly 16%.
Manufacturing exports grew by 15.60%.
Home textiles experienced a remarkable 21% growth.
However, leather and leather goods exports saw a slight decline during November.
Bangladesh’s export performance shows strong growth, driven by textiles, agriculture, and manufacturing. Despite the small decline in leather exports, the country’s export sector remains competitive and resilient in the global market.
Source: The Daily Ittefaq
