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Bangladesh Exports to US Rise 11.51 Percent, Total Earnings Reach $17.09 Billion in Four Months

Staff Reporter

Bangladesh's export sector continues to advance amid uncertainty in world trade. According to the latest statistics of the Export Promotion Bureau (EPB), in the first four months (July-October) of the current 2026-27 fiscal year, Bangladesh's export earnings from the US market rose 11.51 percent. Earnings from that country reached $3.35 billion in this period, compared with $3.00 billion in the same period of the previous fiscal year. Bangladesh's total merchandise export earnings in the same period stood at $17.09 billion, up 5.88 percent from a year earlier.

The United States is the largest single destination for Bangladesh's export earnings. In the first four months of the current fiscal year, about one-fifth of total export earnings came from the US market. The growth rate in the US is nearly double the overall export growth rate.

EPB Vice Chairman and Chief Executive Officer Mohammad Hasan Arif said achieving 11.51 percent growth in a large and competitive market like the United States is very encouraging for the country's export sector. Even amid uncertainty in the global economy, Bangladeshi exporters have been able to retain buyers' trust through product quality, timely delivery and meeting international compliance conditions.

Alongside traditional markets, Bangladesh's exports are also expanding in new and alternative markets. In the first four months, among the big markets, export earnings in Turkey rose the most, by 82.69 percent. Earnings from exports to that country reached $292.15 million, compared with $159.92 million in the same period of the previous fiscal year. In addition, export earnings rose 15.52 percent in the Saudi Arabian market and 12.93 percent in the United Arab Emirates. Double-digit growth was also recorded in Spain in Europe.

After the United States, the United Kingdom is the second largest destination for Bangladesh's export earnings. In the July-October period of the current fiscal year, export earnings from that country were $1.74 billion. From Germany, in third position, came $1.57 billion. Spain and the Netherlands follow.

The positive trend in export earnings also continued in October of the current fiscal year. According to EPB data, Bangladesh's export earnings from the US market that month were $756.64 million, compared with $674.96 million in the same month a year earlier — a rise of 12.10 percent within a year. Bangladesh's total merchandise export earnings in October were $3.99 billion, 4.39 percent more than in the same month of the previous year.

Mahmud Hasan Khan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said that in terms of tariffs in the US market, Bangladesh is in a relatively advantageous position compared with several competing countries. As a result, the competitiveness of Bangladeshi products in that country is being maintained and export earnings are rising. He said BGMEA's talks with the Office of the United States Trade Representative (USTR) are continuing over withdrawing the additional 10 percent tariff imposed on Bangladesh's exports or finding a way to avoid its application. They are hopeful of an acceptable solution through continued dialogue.

Those concerned are emphasising market and product diversification, increased production capacity, quality improvement and ensuring international compliance to carry this progress of the export sector further. At the same time, they consider strengthening trade relations in big markets and initiatives to create new buyers in emerging economies important.

EPB Chief Executive Officer Mohammad Hasan Arif said they are hopeful the positive trend will continue in the coming months as well, with export growth in large traditional markets including the United States and increased product supply to non-traditional markets.

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