Written by The Banking Post
Bangladesh’s merchandise exports dropped by 2.93% year-on-year in August, earning $3.91 billion compared to $4.03 billion in the same month last year, according to fresh data from the Export Promotion Bureau (EPB).
The decline was driven mainly by a slowdown in the readymade garment (RMG) sector, which brought in $3.16 billion in August, down 4.75% from a year earlier. Within RMG, knitwear exports fell 6.34% to $1.77 billion, while woven garments decreased 2.65% to $1.39 billion.
The weaker performance comes after a strong start to FY26 in July, when exports surged nearly 25% to $4.77 billion, up from $3.81 billion in July 2024.
Despite August’s setback, overall earnings for the first two months of FY26 rose by 10.61% year-on-year to $8.68 billion.
In a statement, the EPB noted that while July’s figures highlighted resilience, the August slowdown reflects the challenges posed by global demand shifts and changing market conditions.
