Propelled by moderate performance of knitwear, woven garments, jute and jute-made goods and leather products along with agricultural products, Bangladesh’s export earnings in November 2015, registered a healthy growth of 13.73 per cent totalling at US $ 2,749.34 million as against US $ 2,417.43 million earned during the corresponding period in last fiscal year, according to reports.
Also Read – Bangladesh exports more woven apparels than knitwear in FY 2014-15
According to data released by the Export Promotion Bureau (EPB) recently, export earnings in the first five months (from July to November, 2015) showed a moderate growth of 6.71 per cent totalling US $ 12,879.83 million, which was a mere 0.01 per cent higher than the strategic target of US $ 12,879 million while export earnings during the July-November period of the last fiscal year totalled US $ 12,070.08 million. The single-month export performance was however, 16.70 per cent higher than the strategic target of US $ 2,356 million.
The figures released by Bangladesh’s EPB also points out that for the July-November period of the current fiscal, knitwear exports maintained its positive trend fetching US $ 5,236.73 million, which showed 4.78 per cent growth over the same period of the last fiscal while woven garment accounted for US $ 5,226.03 million registering a growth of 11.35 per cent.
Also Read – Bangladesh exports registers growth in December 2014
During the five-month period, export of home textiles also totalled US $ 276.73 million, the EPB data stated.
The export trend for leather products except leather and plastic products maintained their upward trend during the July-November period of the current fiscal. While leather exports totalled US $ 109.85 million, leather products fetched US $ 145.71 million with an eye-catching growth of 65.92 per cent and cotton and cotton products together earned US $ 40.58 million. The export of jute and jute goods also maintained their positive trend during the July-November period of the current fiscal fetching US $ 358.60 million, registering 2.86 per cent growth while raw jute exports fetched US $ 73.61 million with 70.35 per cent rise and jute yarn and twine accounted for US $ 206.18 million.
