HomeIndustry NewsBangladesh’s RMG Outlook “Cautiously Moderate” Amid Global Headwinds

Bangladesh’s RMG Outlook “Cautiously Moderate” Amid Global Headwinds

Bangladesh’s readymade garment (RMG) sector faces a cautiously moderate outlook as global demand weakens, according to the latest quarterly review by Bangladesh Bank. Export earnings from the RMG sector fell 5.99% to $9.74 billion in October–December FY26, down from $10.36 billion in the same period a year earlier.

The sector still dominates Bangladesh’s exports, contributing 80.36% of total earnings. Knitwear accounted for 41.88% of RMG exports, while woven garments made up 38.48%.

The report highlights that recovery in major importing economies, supply-chain stability, cost pressures, and market diversification will be crucial for future growth. Key markets include the United States, Germany, United Kingdom, Spain, France, Netherlands, Italy, Canada, and Belgium, which together account for 70.07% of total RMG exports.

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