UNB, Dhaka :
Export earnings from the USA, the largest export destination for Bangladesh goods, witnessed a 8.42 percent fall during the first quarter (July-Sept) of the current fiscal (2014-15) mostly due to poor performance of major exportable items to the US market.
Bangladesh exports to USA totalled $ 1,343.13 million in the first three months (July-Sept) of fiscal 2014-15 compared to $ 1,466.65 million during the corresponding period of the previous fiscal (2013-14).
The three-month export figures for FY 15 represents 17.45 percent of the country’s total export earnings.
According to the statistics compiled by the Export Promotion Bureau (EPB), the major exports to the US market during the three-month period were woven garment ($ 911.22 million), knitwear ($ 339.00 million), frozen shrimp ($ 4.74 million), home textiles (23.85 million) and cap ($ 10.99 million).
During the period, around 30.76 percent of the country’s total woven garment exports entered the US market, followed by knitwear 10.37 percent.
Bangladesh’s export earnings from the US in fiscal 2013-14 were impressive totalling $ 5,583.62 million, up from $ 5,419.60 million notched in fiscal 2012-13.
The country’s export earnings to its major export destination totalled $ 5,100.91 million in fiscal 2011-12, slightly down from $ 5,107.52 million in fiscal 2010-11. The export earnings in fiscal 2009-10, however, totalled $ 3,950.47 million, down from $ 4,052.00 million in 2008-09, mostly because of the global economic recession.
The 2009-10 fiscal marked the end of an ups-and-down period for Bangladesh exports to the US. From the robust $ 2.5 billion during the 2000-01 fiscal, exports had fallen below $ 2 billion by 2003-04.
Exports to the US rose steadily to cross the $ 3 billion mark in 2005-06, and peaked at nearly $ 3.6 billion during the 2007-08 fiscal.
Export earnings from the USA, the largest export destination for Bangladesh goods, witnessed a 8.42 percent fall during the first quarter (July-Sept) of the current fiscal (2014-15) mostly due to poor performance of major exportable items to the US market.
Bangladesh exports to USA totalled $ 1,343.13 million in the first three months (July-Sept) of fiscal 2014-15 compared to $ 1,466.65 million during the corresponding period of the previous fiscal (2013-14).
The three-month export figures for FY 15 represents 17.45 percent of the country’s total export earnings.
According to the statistics compiled by the Export Promotion Bureau (EPB), the major exports to the US market during the three-month period were woven garment ($ 911.22 million), knitwear ($ 339.00 million), frozen shrimp ($ 4.74 million), home textiles (23.85 million) and cap ($ 10.99 million).
During the period, around 30.76 percent of the country’s total woven garment exports entered the US market, followed by knitwear 10.37 percent.
Bangladesh’s export earnings from the US in fiscal 2013-14 were impressive totalling $ 5,583.62 million, up from $ 5,419.60 million notched in fiscal 2012-13.
The country’s export earnings to its major export destination totalled $ 5,100.91 million in fiscal 2011-12, slightly down from $ 5,107.52 million in fiscal 2010-11. The export earnings in fiscal 2009-10, however, totalled $ 3,950.47 million, down from $ 4,052.00 million in 2008-09, mostly because of the global economic recession.
The 2009-10 fiscal marked the end of an ups-and-down period for Bangladesh exports to the US. From the robust $ 2.5 billion during the 2000-01 fiscal, exports had fallen below $ 2 billion by 2003-04.
Exports to the US rose steadily to cross the $ 3 billion mark in 2005-06, and peaked at nearly $ 3.6 billion during the 2007-08 fiscal.
