Bangladesh`s export sector has demonstrated impressive growth during the first nine months (July-March) of the fiscal year 2024-25, achieving a total export revenue of $37.19 billion, marking a 10.63% increase compared to the same period in the previous fiscal year.

This achievement highlights the resilience and dynamism of Bangladesh`s economy, as revealed by an analysis conducted by the National Board of Revenue (NBR) on the country’s export performance.

March sees strong growth

In March 2025 alone, Bangladesh earned $4.25 billion in export revenue, reflecting an 11.44% growth compared to $3.81 billion in March 2024. This monthly surge underscores the continued momentum in the export sector despite global economic challenges.

RMG sector leads the way

The ready-made garment sector remains the backbone of Bangladesh`s export industry, maintaining its dominant position with a remarkable performance. During the July-March period, RMG exports generated $30.25 billion, registering a 10.84% growth compared to the same period last year.

In March 2025, the RMG sector alone contributed $3.45 billion, up from $3.07 billion in March 2024, reflecting a robust 12.40% growth. This consistent performance reaffirms the sector’s critical role in driving Bangladesh’s export growth.

Contributions from non-RMG sectors

While the RMG sector continues to dominate, several other sectors have also made significant contributions to the overall export growth, according to the NBR. These non-RMG sectors have shown promising progress, diversifying the export basket and reducing reliance on garments.

The NBR data highlights the growing importance of these industries in bolstering Bangladesh’s export earnings.

The strong export performance reflects Bangladesh’s ability to adapt to global market demands while leveraging its competitive advantages. With a double-digit growth rate, the export sector has demonstrated its capacity to sustain momentum and contribute significantly to the country’s economic development.