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RMG exports saw 8.76% growth last fiscal year

Release Date: July 5, 2018

 

 

The apparel industry, employer of 40 million workers, mostly rural women, contributed 83.49% to Bangladesh’s total exports of $36.66 billion to date

Bangladesh’s export earnings from the apparel sector registered an 8.76% growth reaching $30.61 billion in FY18, thanks to safety improvements. 

The apparel industry, employer of 40 million workers, mostly rural women, contributed 83.49% to Bangladesh’s total exports of $36.66 billion to date. 

According to Export Promotion Bureau (EPB) data released on Wednesday, Bangladesh’s export earnings from the RMG sector stood at $30.61billion, posting 8.76% growth in the last fiscal year. The figure is 1.51% higher than the target of $30.16 million for FY18.

In FY17, Bangladesh’s export earnings registered a 0.2% growth to $28.15 billion, the lowest in the last one and a half decade. 

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Source From: Dhaka Tribune

 

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