Exports Surge by 5.70% in January

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Monday, 03 February 2025 , 04:45 PM


Exports Surge by 5.70% in January

Bangladesh's export earnings saw a positive boost in January 2025, reaching $4.436 billion—a 5.70% increase compared to the $4.196 billion recorded in the same period last year, according to the latest report from the Export Promotion Bureau (EPB), released on Monday (February 3).

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RMG Sector Drives Growth
The Ready-Made Garments (RMG) sector remained the primary driver of this growth, earning $3.664 billion in January—up 5.57% from $3.471 billion in January 2024.

Within the RMG sector:
Knitwear exports rose by 6.62% to $1.850 billion.
Woven garment exports increased by 4.52%, reaching $1.814 billion.

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Sector-Wise Performance
While several sectors experienced significant growth, some industries reported declines in exports.

Sectors with Positive Growth:
Plastic products: +24.22%
Leather: +8.8%
Processed goods: +11.69%
Agricultural products: +10.59%
Frozen products: +13.19%

Sectors with Declining Exports:
Home textiles: -1.17%, falling to $83 million
Leather and leather goods: -4.75%, dropping to $91.7 million
Jute products: -8.35%

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Agricultural Exports Surge
Agricultural exports saw the most significant jump, surging 21.35% to $78.3 million, compared to $64.5 million in January 2024.

Diverse Export Portfolio
During the July-January period of the 2024-25 fiscal year, Bangladesh exported 27 different product categories, including RMG, pharmaceuticals, and leather, to global markets.

With steady growth across key industries, Bangladesh's export performance continues to strengthen, reinforcing its position in the international trade arena.

 

 

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