Bangladeshi product export to the United States markets has increased by 11.51 percent during the July-October period in the 2026-27 fiscal year.
The growth reflects the continued competitiveness of Bangladeshi products in one of the world's most important consumer markets.
According to the latest statistics of the Export Promotion Bureau (EPB), Bangladesh earned US$3.35 billion from exports to the US during the first four months of FY2026-27, compared to US$3.00 billion in the corresponding period of the previous fiscal year.
The US market alone accounted for nearly one-fifth of Bangladesh's total merchandise export earnings during the period, underscoring its strategic importance to the country's export-oriented economy.
The performance also indicates that demand for Bangladeshi products in the American market remains strong despite persistent global economic uncertainties, changing consumer behaviour and increasing competition among exporting countries.
Overall, Bangladesh earned US$17.09 billion from merchandise exports during July-October of FY2026-27, registering a 5.88 percent growth over the corresponding period of FY2025-26.
The export earnings from the US market, therefore, grew at a substantially faster rate than the country's overall export growth, further strengthening America's position as Bangladesh's leading export destination.
Talking to BSS, Mohammad Hasan Arif, Vice Chairman and Chief Executive (Additional Secretary) of the EPB, said the encouraging performance in the US market reflects the growing competitiveness of Bangladeshi products in the global marketplace.
"The United States continues to be Bangladesh's most important export destination. Achieving 11.51 percent growth in such a large and competitive market is highly encouraging for our export sector," he said.
He said Bangladeshi exporters had been able to maintain the confidence of international buyers through timely shipment of products, improved quality and adherence to international compliance standards, despite uncertainties in the global economy.
"The strong growth in the US market demonstrates the resilience of our exporters and the sustained demand for Bangladeshi products, particularly in major consumer segments," he added.
Market diversification gains momentum
Alongside the strong performance in traditional export destinations, Bangladesh is also making progress in expanding its presence in emerging markets, particularly in the Middle East and other non-traditional destinations.
According to EPB data, Turkey emerged as the fastest-growing export destination among the major markets during the July-October period of FY2026-27, recording an impressive growth of 82.69 percent.
Bangladesh's exports to Turkey increased to US$292.15 million during the four-month period, compared to US$159.92 million in the corresponding period of the previous fiscal year.
Exports to Saudi Arabia and the United Arab Emirates (UAE) also recorded notable growth, increasing by 15.52 percent and 12.93 percent respectively.
Spain also registered double-digit growth, indicating an expansion of Bangladesh's export opportunities beyond its conventional major markets.
Commenting on the broader export outlook, Arif said Bangladesh was making significant progress in diversifying its export markets.
"Alongside the traditional destinations, we are witnessing encouraging growth in several emerging markets, especially in the Middle East. This will help create a more balanced export basket and reduce dependence on a few major destinations," he said.
Market diversification is considered increasingly important for Bangladesh as greater geographical distribution of exports can help reduce vulnerability to economic slowdowns, changing trade policies and demand fluctuations in individual markets.
UK, Germany remain major export destinations
Apart from the United States, the United Kingdom and Germany continued to be among Bangladesh's most important export destinations during the July-October period.
The UK ranked second, with exports worth US$1.74 billion, while Germany secured the third position with US$1.57 billion.
Spain and the Netherlands occupied the fourth and fifth positions respectively among Bangladesh's major export markets.
The strong performance in these European destinations highlights the continued importance of the European market to Bangladesh's export earnings, particularly for its major manufactured products.
The United States, the United Kingdom and Germany together accounted for a substantial portion of the country's export earnings during the period, demonstrating the importance of maintaining strong trade relations with established international markets while exploring new destinations.
October export performance remains positive
The latest EPB statistics also showed that Bangladesh maintained positive export growth in October.
Exports to the United States reached US$756.64 million in October 2026, marking a 12.10 percent increase from US$674.96 million recorded in October 2025.
The country's overall merchandise exports in October stood at US$3.99 billion, registering a year-on-year growth of 4.39 percent.
The monthly performance indicates that Bangladesh's export sector continued to maintain growth momentum at the beginning of the second quarter of the current fiscal year.
The higher growth in exports to the US compared to overall export growth also reflects the market's continuing contribution to Bangladesh's foreign trade performance.
Mahmud Hasan Khan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said Bangladesh's current tariff position in the US market has placed the country in a relatively favourable competitive position, contributing to the continued growth of its exports to the United States.
"We are in a relatively favourable position in terms of tariffs compared to some competing countries, which is helping our exports remain competitive in the US market. This is also contributing to the growth of our exports," he said.
He added that BGMEA is working closely with the Office of the United States Trade Representative (USTR) to address the additional 10 percent tariff and explore opportunities to avoid its application to Bangladeshi exports.
"We are continuing our discussions and engagement with the USTR to seek a solution so that Bangladesh can avoid the additional 10 percent tariff. We are hopeful that through continued dialogue and negotiations, an appropriate outcome can be achieved," he said.
Sustaining export competitiveness
Export analysts and policymakers consider market diversification, product diversification, improved quality, timely delivery and compliance with international standards essential for sustaining Bangladesh's export growth.
Maintaining competitiveness in major markets such as the United States and European countries will remain important, while expanding trade relations with emerging economies could create additional opportunities for local exporters.
Bangladesh's export sector also needs to strengthen its capacity to respond to changing international market requirements and evolving consumer preferences to maintain its position in the increasingly competitive global trading environment.
Arif expressed optimism that continued growth in the United States and other major export destinations, alongside the expansion of shipments to non-traditional markets, would help Bangladesh maintain its positive export momentum in the coming months.
He said the encouraging performance in both established and emerging markets offered a positive indication for the country's export sector.
With total merchandise exports reaching US$17.09 billion in the first four months of FY2026-27, Bangladesh is looking to consolidate its gains in major destinations while widening its global market presence.
The sustained expansion of exports to the United States, coupled with rising shipments to Turkey, Saudi Arabia and the UAE, is expected to contribute to a more diversified and resilient export base.