According to BGMEA (Bangladesh Garment Manufacturers and Exporters Association), the country’s RMG export value to European Union (EU) surged by 10.95 per cent during July to December (FY ’17-18) period. The EU is the largest garment export market for Bangladesh followed by the USA.
Bangladesh exported apparels to the EU worth US $ 9.577 billion in the first six months of its Fiscal 2017-18 as against US $ 8.633 billion in the corresponding period of FY 2016-17.
As analysed by Apparel Resources, the top 5 exporting destinations were Germany, UK, Spain, France and Italy during the review period. Bangladesh shipped apparels to Germany valued at US $ 2.665 billion (up 1.25%) as compared to US $ 2.632 billion in the same period of FY 2016-17.
The second spot in the tally was grabbed by the UK which imported RMG worth US $ 1.85 billion from Bangladesh. The value posted a staggering surge of 20.70 per cent on the year-on-year basis.
Spain ranked third with US $ 1.133 billion RMG import from Bangladesh. Last year, in the same period, Bangladesh shipped apparels worth US $ 900 million to Spain, thereby, in the current fiscal it marked a solid boost of 25.87 per cent in the exports value.
France and Italy remained at 4th and 5th spot with apparel import from Bangladesh worth US $ 878.35 million and US $ 743.88 million, respectively. Exports to France upped by 1.09 per cent whereas, an impressive 16.18 per cent jump was witnessed in RMG exports value from Italy.
Bharat Tex Special Report 2026 
