After a slow April, Bangladesh’s export earnings saw a strong recovery in May 2025. According to a recent report by the Export Promotion Bureau (EPB), the country earned $4.74 billion from product exports in May. This is 11.45% higher than May of the previous fiscal year, when the income was $4.25 billion.
Strong Growth After a Slow April
In April 2025, export income was $3.92 billion, which was lower than usual. But in May, the numbers bounced back significantly, giving a positive boost to the country’s foreign income.
Total Exports from July to May
From July 2024 to May 2025, Bangladesh exported goods worth $44.95 billion. This is a 10% increase compared to the same 11 months of the previous fiscal year.
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Garment Sector Leads the Way
The Ready-Made garment (RMG) sector continues to be the biggest contributor to exports. In the July–May period:
- Total garment exports rose by 10.25%, reaching $36.55 billion (last year: $33.17 billion).
- Woven garments brought in $16.94 billion, up by 9.30%.
- Knitwear earned $19.62 billion, which is 10.98% more than last year.
Agricultural Exports Also Up
Agricultural products earned $928 million from exports in the July–May period — a 3.17% increase compared to the previous year.
Frozen and Live Fish Exports
Exports of frozen and live fish brought in $410 million, which is 17.53% higher than the previous year.
Leather and Leather Products Show Positive Growth
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Leather and leather goods earned $1 billion, a 12.55% increase.
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Leather shoes exports grew by 28.96%, from $481 million to $620 million.
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However, other leather items saw a drop of 3.39%, now earning $317 million.
Decline in Jute Product Exports
Exports of jute and jute goods fell by 4.77%, earning $769 million compared to the previous year.
Home Textiles See Modest Growth
The home textile sector saw 4.78% growth, with $825 million earned in exports.
Strong Growth in Non-Leather Footwear
The non-leather footwear sector — considered a growing industry in Bangladesh — saw a 30.25% increase in export earnings. This sector earned $494 million, up from $379 million last year.
Pharmaceuticals Exports Also Increase
The pharmaceutical sector brought in $197 million from exports, which is a 5.25% increase compared to last year.
Source: TBS