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Bangladesh’s export earnings rose to US$48.28 billion in FY 2024-25, up 8.58% year-on-year, driven largely by the ready-made garment (RMG) sector. Over the past five years, total exports have climbed 43.39% from US$33.67 billion in FY 2019-20.

FY 2024-25 and Five-Year Growth

• Total exports: US$48.28 billion (FY 2024-25), vs. US$44 billion (FY 2023-24)
• Five-year increase: 43.39% (FY 2024-25 vs. FY 2019-20)
• RMG export growth (five years): 40.8%

RMG Sector Performance

• RMG earnings in FY 2024-25: US$39.34 billion
• Sector growth: 8.84% year-on-year
• Knitwear exports: US$21.16 billion (+9.73%)
• Woven garments: US$18.19 billion (+7.82%)

Historic Peak and Resilience

• FY 2021-22 marked the highest surge, with exports hitting US$52.08 billion (+34.43%), propelled by US$42.61 billion in garment shipments.
• Despite political unrest and factory disruptions during the “July mass uprising,” RMG firms sustained positive export growth.

Broad-Based Gains

Other sectors—agriculture, plastics and home textiles—also recorded healthy increases, underscoring the diversification of Bangladesh’s export base.

Analyst View

“RMG remains the cornerstone of our foreign-exchange earnings,” say analysts. “Periodic slowdowns have not derailed the overall upward trajectory of exports.”