Bangladesh's ready-made garment (RMG) exports began fiscal year 2026-27 with a strong month-on-month rebound, rising 14.73 percent to 3.88 billion dollars in July from 3.38 billion dollars in June, although earnings were slightly lower than a year earlier, according to the latest data from the Export Promotion Bureau (EPB).
The July export earnings were 1.92 percent lower than the $3.96 billion recorded in July 2025, reflecting softer year-on-year performance despite the strong sequential recovery.
A product-wise analysis reveals that knitwear continued to hold the lion's share of total apparel exports during the opening month of the fiscal year, generating 2.15 billion dollars, accounting for over 55 percent of total RMG export earnings, while woven garments brought in 1.72 billion dollars.
Analysing the EPB performance figures, Mohiuddin Rubel, founder and chief executive officer of Bangladesh Apparel Voice and former director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), noted that the strong sequential rebound from June demonstrates the sector's underlying resilience amid shifting global trade dynamics and demand fluctuations.
Industry experts emphasise that maintaining operational efficiency and navigating tariff structures across primary Western markets will be crucial to sustaining momentum through the remainder of FY27.