Dhaka, Feb. 25 -- Garment exports to non-traditional markets grew 11.69 percent year-on-year to $5.46 billion in July-January of the current fiscal year of 2023-24 which was $4.89 billion in the identical period a year earlier, according to the Export Promotion Bureau (EPB) data.
Among the major non-traditional markets, the export to Japan, Australia and South Korea increased 8.74 percent, 23 percent, and 17.57 percent, respectively, according to Export Promotion Bureau (EPB) data compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) showed.
Apparel exports to India, however, declined 21.86 percent.
In July-January of 2023-24, the export to the European Union, a traditional market, reached $13.92 billion, an ...