Desk report: Bangladesh’s export sector has shown impressive growth, earning $32.94 billion in the first eight months of the 2024-25 fiscal year, reflecting a 10.53% increase compared to the same period last year. The country’s export earnings for February 2025 alone reached $3.97 billion, marking a 2.77% year-on-year growth, despite a slight dip from January’s figures.
The apparel sector remains the leading contributor, earning $3.24 billion in February, a 1.66% increase from the previous year. However, growth has been notable in several non-traditional sectors as well. Exports of leather and leather goods surged by 34.37%, frozen and live fish exports rose by 26.66%, plastic products increased by 7.97%, and agricultural products saw a 7.03% growth.
Despite these gains, some sectors experienced declines. Exports of jute and jute goods dropped by 11.39%, light engineering products fell by 1.56%, and home textiles saw a slight decrease of 0.23%.
Md Anwar Hossain, Vice-Chairman of the Export Promotion Bureau (EPB), praised the resilience and competitiveness of Bangladesh’s export sector, noting its ability to maintain a positive growth trajectory despite challenges in certain areas.
Looking ahead, the government has set an ambitious export target of $50 billion for FY 2024-25, aiming for a 12.44% growth over the previous fiscal year. This target underscores Bangladesh’s commitment to expanding its global trade presence and further strengthening its position in the international market.