UNB, Dhaka :
Export earnings from the USA, the largest export destination for Bangladesh products, witnessed a healthy 17.94 percent growth in July last compared to the corresponding month of the previous year, mainly due to the good performance of the RMG sector.
Bangladesh exports to the USA totalled $ 497.36 million in July of the current fiscal year (2017-18) compared to $ 421.72 million of the same month of the previous fiscal year (2016-17). The amount represents 16.65 percent of the country’s total export earnings during the period.
According to the statistics compiled recently by the Export Promotion Bureau (EPB), the major exports to the US market in the month were woven garment ($ 323.53 million), knitwear ($ 123.95 million), home textiles ($ 10.40 million) and cap ($ 17.58 million).
During the period, around 26.61 percent of the country’s total woven garment exports entered the US market, followed by knitwear 9.81 percent and home textile 15.15 percent.
Despite political unrest, Bangladesh’s export earnings from the US in fiscal 2014-15 were impressive with $ 5.783 billion up from $ 5.583 billion in fiscal 2013-14.
Export earnings from the USA, however, witnessed a 6.01 percent fall during the last fiscal (2016-17) compared to the previous fiscal year (2015-16) mostly due to the moderate performance of the RMG sector.
Export earnings from the USA, the largest export destination for Bangladesh products, witnessed a healthy 17.94 percent growth in July last compared to the corresponding month of the previous year, mainly due to the good performance of the RMG sector.
Bangladesh exports to the USA totalled $ 497.36 million in July of the current fiscal year (2017-18) compared to $ 421.72 million of the same month of the previous fiscal year (2016-17). The amount represents 16.65 percent of the country’s total export earnings during the period.
According to the statistics compiled recently by the Export Promotion Bureau (EPB), the major exports to the US market in the month were woven garment ($ 323.53 million), knitwear ($ 123.95 million), home textiles ($ 10.40 million) and cap ($ 17.58 million).
During the period, around 26.61 percent of the country’s total woven garment exports entered the US market, followed by knitwear 9.81 percent and home textile 15.15 percent.
Despite political unrest, Bangladesh’s export earnings from the US in fiscal 2014-15 were impressive with $ 5.783 billion up from $ 5.583 billion in fiscal 2013-14.
Export earnings from the USA, however, witnessed a 6.01 percent fall during the last fiscal (2016-17) compared to the previous fiscal year (2015-16) mostly due to the moderate performance of the RMG sector.
