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After experiencing consecutive double-digit growth in the past four months (September-December), the growth in January slowed to 5.57 percent, with a single-month export value of $3.66 billion.

The knitwear sector posted relatively higher growth of 6.62 percent, while woven garment export growth recorded 4.52 percent.

While the growth figures are encouraging, they do not fully reflect the challenges faced by the industry, especially the pressure on prices and costs, said Rubel.

He said further analysis is required to identify the specific factors influencing this trend, such as market-specific performance, product and market concentration, and other variables.

Global trade is estimated to have shrunk considerably last year, leading to intense price competition.

Rubel said that amid the looming trade war, there are some opportunities for the RMG sector.

However, several priorities need to be set to support business operations, including a consistent energy supply and stable financial and banking sectors, he added.