Dhaka, May 22 -- Bangladesh's toy industry is emerging fast as a promising export sector, showing consistent growth over the past few years.

In the fiscal year 2016-17, the country exported toys worth $15.23 million. By FY21, the figure rose to $36.5 million, with toys reaching 46 countries, including the United States, Russia, Japan, Germany, India, and China, according to Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA).

The momentum continued in FY22, with exports growing to $44.52 million. During this period, key export items included tricycles, scooters, pedal cars, and dolls, which were mainly shipped to Spain, Italy, France, Japan, the US, the UK, and Germany.

In FY23, exports surged to $77 million, with p...