RMG exports reached $38.48 billion last year
Bangladesh exported $7.2 billion worth of garments to the US, its single largest export destination, in 2024, according to data from the Export Promotion Bureau (EPB).
The US accounted for 18.72 percent of Bangladesh's total garment exports last year.
The European Union remained the dominant market, accounting for 50.34 percent of total RMG exports, which amounted to US $19.37 billion.
In 2024, Bangladesh's Ready-Made Garment (RMG) exports totalled US $38.48 billion.
The UK contributed US $4.3 billion, representing an 11.25 percent share.
Within the EU, key markets included Germany, which imported US $4.83 billion, followed by Spain with US $3.42 billion, and France with US $2.14 billion.
Additionally, exports to Canada reached US $1.24 billion, accounting for 3.23 percent of the market.
Bangladesh is also making notable progress in non-traditional markets like Japan and Australia, reflecting efforts to diversify.
Non-traditional markets contributed US $6.33 billion, or 16.46 percent of total RMG exports.
Among these markets, Japan led with US $1.12 billion, followed by Australia at US $831 million, India at US $606 million, Turkey at US $426 million, and Russia at US $343 million.
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