The Ready-Made Garments (RMG) sector is the backbone of Bangladesh's economy and a key driver of its export earnings. Bangladesh is the second-largest apparel exporter in the world after China, and it has established itself as a dominant player in the global textile industry.  The sector contributes over 80% of the country's total export revenue, supporting economic growth and employment. Bangladesh's competitive advantage in the RMG sector stems from its cost-effective labor force, robust manufacturing infrastructure, and favorable trade agreements. The country benefits from preferential trade agreements such as the Generalized System of Preferences (GSP) in various markets, including the European Union.  Moreover, strategic policy support from the government, including tax incentives and infrastructural investments, has strengthened the industry's global positioning. Many factories in Bangladesh have adopted eco-friendly production processes, making the country home to some of the world's highest-rated green garment factories. According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the country has 240 LEED-certified green garment factories since March 2025. 

These advancements have improved Bangladesh's reputation as an ethical sourcing destination for major global brands. Bangladesh is leading the way in managing sustainable and green garments. Bangladesh aims to achieve $100 billion in RMG exports by 2030 by diversifying products, investing in automation, and exploring new markets in Africa and South America. Industry leaders also focus on enhancing compliance standards and ensuring resilience against global economic uncertainties. The major export destinations for Bangladeshi garments include the European Union, the United States, Canada, the United Kingdom, and emerging markets such as Japan and Australia. In the fiscal year 2022-23, Bangladesh's RMG exports reached approximately $46 billion, marking a steady increase; the EU remains the largest market, accounting for nearly 50% of total RMG exports, followed by the US with around 20%.