Thursday | 6 February 2025 | Reg No- 06
বাংলা
   
Thursday | 6 February 2025 | Epaper
BREAKING: Arson attack on Obaidul Quader's Noakhali residence       Journalist Monir Haider appointed special assistant to chief adviser      Families of July uprising martyrs block Shahbagh       HC scraps appointments of 6,531 primary teachers      Mastermind of human trafficking in Russia arrested at Dhaka airport      Onlookers crowd at Dhanmondi-32 house as demolition work continues      Sheikh Hasina's residence Sudha Sadan set on fire too      

EU remains top importer of BD RMG products in 2024

Published : Sunday, 19 January, 2025 at 12:00 AM  Count : 358
European Union continued to be the dominant market for Bangladesh, importing 50.34 per cent of total ready-made garment (RMG exports) products of the country, amounting $19.37 billion in 2024.

In the year RMG export from Bangladesh grew by 7.23 per cent to $38.48 billion compared to the previous tear (2023), amid political unrest at home and abroad, according to the Export Promotion Bureau (EPB).

During the period US imported RMG worth $7.2 billion from Bangladesh, accounting 18.72 per cent of Bangladesh's total garment exports in the year, according to Export Promotion Bureau (EPB) data.

The UK contributed $4.3 billion, representing an 11.25 percent share. Within the EU, key markets included Germany, which imported $4.83 billion, followed by Spain with $3.42 billion, and France with $2.14 billion. Additionally, Canada imported RMG worth $1.24, accounting for 3.23 per cent 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 $6.33 billion, that is 16.46 percent of total RMG exports from Bangladesh.
Among these markets, Japan led with $1.12 billion, followed by Australia at $831 million, India at $606 million, Turkey at U$426 million, and Russia at $343 million.



LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: [email protected], news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝
close