Accra:The country's ready-made garment (RMG) export earnings rose by 6.10 percent year-on-year, reaching $10.58 billion in the first quarter (July-September) of the fiscal year 2026-27, based on data released by the Export Promotion Bureau (EPB).
According to United News of Bangladesh, the European Union (EU) was the largest export destination for Bangladeshi apparel during this period, accounting for 46.36 percent of total RMG exports. The earnings from the EU market were $4.90 billion, showing a positive year-on-year growth of 3.33 percent.
The United States held its position as the second-largest market for Bangladesh's RMG products, with exports amounting to $2.22 billion. This represented 20.99 percent of total apparel shipments and marked a significant 10.40 percent year-on-year increase.
The United Kingdom was another major market, with exports reaching $1.29 billion, capturing a 12.21 percent market share and experiencing a 5.94 percent growth rate. Canadian exports accounted for $349.65 million, representing a 3.31 percent share and a 3.85 percent increase compared to the same period the previous year.
Exports to non-traditional markets also showed strong momentum, rising to $1.81 billion. These markets now represent 17.13 percent of total RMG shipments, reflecting a 9.40 percent year-on-year growth.
Within the apparel sector, the knitwear segment saw a growth of 6.88 percent, while the woven segment increased by 5.11 percent during the July-September quarter.
Mohiuddin Rubel, CEO of Apparel Voice, a think tank on RMG market analysis, highlighted that despite various global and domestic challenges, Bangladesh's export trend showed positive growth.