Growth and Significance of RMG Export in Total Export of Bangladesh

The Ready made garments RMG are the major source of export income for Bangladesh. This study is an attempt to measure the change, instability, significance of RMG export to total export and relationship between RMG export and total export of Bangladesh based on secondary data during the period FY1997 98 to FY2016 17 collected from Export Promotion Bureau. Different statistical tools have been used to perform the analysis. The analysis reveals that the RMG export and total export of Bangladesh has increased and total export fully depends on RMG export. The analysis also reveals that the RMG export and total export of Bangladesh are not stable during the study period but its increasing trend is good sign for Bangladesh. Therefore, researcher, policy makers and government should give proper attention to develop technology to increase production of ready made garments and develop new market to increase ready made garments export that raises the total export of Bangladesh. Md. Rasadul Islam | Md. Yasseen Shanewaj Tanvir | Dr. Mohammed Taj Uddin "Growth and Significance of RMG Export in Total Export of Bangladesh" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-1 , December 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29369.pdf Paper URL: https://www.ijtsrd.com/mathemetics/statistics/29369/growth-and-significance-of-rmg-export-in-total-export-of-bangladesh/md-rasadul-islam