
Bangladesh’s overall export earnings — export earnings have been in the positive territory between July and March of the current fiscal year with receipts growing 8.07 per cent year-on-year to US $ 41.72 billion — for the first time in five months in the month of March.
This is as per media reports, which claimed except for the readymade garment sector (which typically contributes 84 per cent to Bangladesh’s exports), almost all other sectors performed poorly in the first nine-month of the financial year even as apparel exports grew 12.17 per cent to US $ 35.25 billion.
Of the US $ 35.25 billion from apparel export, US $16.11 billion reportedly came in from the shipment of woven items (which posted a growth of 12.63 per cent) while knitwear export contributed US $ 19.13 billion, registering 11.78 per cent growth from a year earlier.
Reports citing the data from the country’s Export Promotion Bureau (EPB), exporters brought home US $ 4.64 billion in March, down nearly 2.5 per cent from a year earlier even as the pace of growth has been far below than that posted in the last financial year when it stood at 33 per cent.






