RMG export in FY22 grew by 35.47 per cent to $42.61 billion

Desk Report: According to the EPB data, Bangladesh bagged $52.02 billion through exports in fiscal year 2021-22, registering a 34.38% year-on-year growth.

Source: EPB

This marked the first time in the history that export earnings crossed the milestone of $50 billion. The country previously roped in $38.75 billion from export earnings in FY21.

Ready Made Garments sector, the highest earners of the export receipts, earned $42.6 billion in the FY22, fetching a y-o-y growth of 35.47%, which was $31.45 billion in the last fiscal.

Home textile, a new player in the export basket, earned $1.62 billion in the FY22 registering a growth of 43.28% from $1.13 billion in FY21.

Export earnings from woven garments in the just concluded financial year 2021-22 increased by 33.82 per cent to $19.39 billion from $14.49 billion in FY21.

Earnings from knitwear export in FY22 grew by 36.88 per cent to $23.21 billion from $16.96 billion in FY21.