3% export incentive for Bangladesh RMG SMEs under new package

Bangladesh Bank (BB) recently announced a comprehensive package of export incentives and cash assistance across 43 sectors to boost exports. Domestic textile units will receive 1.5-per cent alternative cash assistance in lieu of duty drawback or bonded warehouse facilities.

The newly announced rates will apply to goods shipped between January 1 and June 30, 2026.

Bangladesh Bank has announced a package of export incentives and cash assistance across 43 sectors to boost exports.
Domestic textile units will receive 1.5-per cent alternative cash assistance in lieu of duty drawback or bonded warehouse facilities.
The new rates will apply to goods shipped between January 1 and June 30, 2026.
SMEs in the garment sector are eligible for a 3-per cent incentive.

This maximum 10-per cent rate is allocated to several sectors, including diversified jute products, leather goods, processed agricultural products and light engineering products.

Exporters targeting the eurozone will receive an additional 0.50 per cent. Small and medium enterprises (SMEs) in the garment sector are eligible for a 3-per cent incentive.

Entities within the Bangladesh Economic Zones Authority, Bangladesh Export Processing Zones Authority and high-tech parks are eligible for incentives ranging from 0.5 per cent to 2 per cent, depending on the category of the goods and the nature of the industry, according to domestic media reports.

Fibre2Fashion News Desk (DS)