Share of RMG in export drops slightly

Dhaka,  Mon,  25 September 2017
Published : 09 Jul 2017, 14:01:19 | Updated : 09 Jul 2017, 14:38:01

Share of RMG in export drops slightly

FE Online Report
Share of the ready-made garment (RMG) in the country’s total merchandise export dropped marginally in the just concluded fiscal year (FY17).

Statistics released by the Export Promotion Bureau (EPB) showed that total merchandise export earnings stood at US$ 34.83 billion in FY17. 

Of the total export, export earnings from RMG (both woven and knit) stood at $28.14 billion.

Thus, share of RMG stood at 80.80 per cent of the total annual export in FY17. 

The share was 82 per cent in the previous fiscal year (FY16) when export earnings from RMG was $28.09 billion while total value of export was $34.24 billion.
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