RMG exports to non-traditional markets fall 5.95% in Jul-May

Garment exports to non-traditional markets declined by 5.95 percent year-on-year to $5.68 billion in the July-May period of the outgoing fiscal year, according to data from the Export Promotion Bureau (EPB) compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday.

Bangladesh considers all markets non-traditional except the United States (US), the European Union (EU), Canada and the United Kingdom (UK).

During the period, garment exports to the EU declined by 4.88 percent to $17.36 billion, while exports to the US decreased by 0.04 percent to $7.03 billion.

However, readymade garment (RMG) shipments to Canada grew slightly by 2.27 percent to $1.23 billion during the period, while exports to the UK fell by 0.50 percent to $4.02 billion.

Overall, Bangladesh’s RMG exports reached $35.31 billion during the July-May period of fiscal year 2025-26, registering a 3.41 percent year-on-year decline.

Among RMG items, knitwear exports declined by 4.26 percent to $18.78 billion, while woven garment exports fell by 2.42 percent to $16.52 billion, according to EPB data.