Bangladesh RMG expects 10% growth in new marketsBangladesh’s ready-made garment exports to new markets witnessed robust growth of 10 percent, reaching a total of $7.70 bn in July-April of FY24, compared to $7 bn in the equivalent period of the previous fiscal year. Among the major newly explored markets, shipment to Japan rose to $1.4 bn, reflecting a 6.14 percent increase. While the exports to Australia and South Korea showed substantial rises of 17.18 percent and 14.73 percent, respectively. Bangladesh’s RMG exports to the Middle East markets also showcased notable growth. Exports to Saudi Arabia increased by 58 percent, while Turkey and the UAE recorded growth rates of 54 percent and 41.96 percent, respectively.