News / RMG the star performer as Bangladesh exports show strong growth

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After logging modest growth in the fiscal year that ended in June, exports out of Bangladesh have got off to an impressive start in the new financial year, driven by its mainstay RMG (ready-made garment) trade.

Exports in July, by value, climbed 15.2%, to $4.59bn, eclipsing the 6% reported for fiscal 2022/23, according to new data released by the Bangladesh Export Promotion Bureau.

Bangladesh RMG exports for the month shot up 17.4%, year on year, to $3.95bn, accounting for the lion’s share ...