RMG textile sector exports rise, cotton imports fallBangladesh has registered a 10 percent surge in its exports of readymade garments (RMG) in the fiscal year 2022-23, defying the adversities inflicted by the Russia-Ukraine war and subsequent inflation.
The export growth rate was 5.64 percent in the first six months of the current year, when the import of cotton, a key raw material for garment production, plummeted by 29 percent.