Bangladesh’s export earnings rose by 10.63 per cent in the first nine months (July–March) of the financial year 2024-25, reaching $37.19 billion compared to $33.62 billion during the same period of the previous fiscal year, according to the Export Promotion Bureau (EPB) data released on Monday.
This steady growth was largely driven by a strong performance in the readymade garment (RMG) sector, which continued to serve as the backbone of the country’s exports.
In March 2025 alone, export earnings stood at $ 4.25 billion, marking an 11.44 per cent increase from the same month of 2024.
The country’s export earnings from RMG sector stood at $30.25 billion during July–March of FY2025, posting a year-on-year increase of 10.84 per cent.
Knitwear exports rose by 11.22 per cent to $ 16.15 billion, while woven garments grew by 10.40 per cent to $14.10 billion.
For the month of March 2025 alone, RMG exports stood at $3.45 billion, 12.4 per cent higher than the same month in 2024.
Exports of leather and leather products in the first nine month of FY25 totalled $852 million, up by 9.89 per cent year-on-year.
Leather footwear was a standout performer, surging by 25.24 per cent to $496.17 million over the nine-month period.
In March alone, leather footwear exports jumped by 38.88 per cent compared to March 2024.
Home textile exports increased by 4.94 per cent to $677.6 million in July–March of FY25.
Plastic products posted a robust 20.66 per cent growth, bringing in $226.29 million in the period.
Earnings from jute and jute goods segment saw a decline of 7.68 per cent, falling to $626.29 million in the first nine months of FY25 from $678.37 million in the same period FY25.
Agricultural products grew by 6.14 per cent to $807.06 million in July-March of FY25, despite a 25.72 per cent fall in export earnings in March 2025 compared to March 2024.
The seafood segment, including frozen and live fish, rose by 13.77 per cent to $343.28 million in nine months of FY25.
However, shrimp exports faced a setback in March, declining by 8.05 per cent year-on-year.
Export earnings from specialised textiles rose significantly by 19.64 per cent, totalling $298.39 million for the nine-month period of FY25. March exports in this category were up by 5.84 per cent compared to the same month last year.
Pharmaceutical products continued to show promise, with exports rising by 7.92 per cent to $165.48 million in July-March of FY25.