Bangladesh’s export earnings have declined for four consecutive months since August of the 2025–26 fiscal year, reflecting persistent weakness in the country’s key apparel sector. According to the Export Promotion Bureau (EPB), November’s export income fell by 5.54% year-on-year to $3.89 billion, down from $4.12 billion in the same month last year. Despite this, total exports for July–November reached $20.02 billion, slightly higher than $19.90 billion a year earlier, marking a marginal 0.62% growth. The readymade garment industry remained the top export earner, contributing $3.14 billion in November, though 5% lower than last year. Exporters attribute the decline to aggressive competition from China and India in the EU market and higher tariffs in the US, which have reduced demand by about 30%. Analysts warn that achieving the government’s $63 billion annual export target will be difficult amid sluggish global demand, high interest rates, and domestic economic challenges.