From July 2021 to April 2022, Bangladesh’s ready-made garment (RMG) exports have reached the full-year (fiscal year) target, with an export value of US$35.362 billion; the full-year target (to 2022 By the end of June 2018), US$35.144 billion.
According to data released by the Bangladesh Export Promotion Bureau (Export Promotion Bureau), the garment export volume in the 10 months was higher than the previous year (financial year) (US$26.004 billion). ) grew by 35.98%; the export performance of knitwear is still better than that of woven garments.
Data show that from July 2021 to April 2022, Bangladesh’s knitwear export value was US$19.242 billion, compared with the export value of the previous year (fiscal year) (139.95 billion US dollars) increased by 37.49%; woven garment exports increased by 34.23% to US$16.119 billion, a smaller increase. During the same period, the total exports of woven and knitted garments and accessories accounted for 81.58% of Bangladesh’s total exports (US$43.344 billion).
Home textile exports (Chapter 63, excluding 630510) also increased by 39.13% to US$1.331 billion during this 10-month period; July 2020 to 2021 Exports in April were US$957 million.
As of June 30, 2021 (financial year), Bangladesh’s ready-made garment exports reached US$31.456 billion, an increase of 12.55% from the previous year (US$27.949 billion), but Still lower than the export value of US$34.133 billion from July 2018 to June 2019.
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