Economic Reporter :
Export earnings from the USA, one of Bangladesh’s key destinations, witnessed 1.62 percent growth in the first eight months (July-February) of the current fiscal (FY18) compared to the corresponding period of the previous fiscal (FY17) due to the good performance of readymade garments (RMG).
Bangladesh exports to the USA totaled $3,900.26 million in July-February (2017-18) period compared to $3,838.05 million in the corresponding period of the previous fiscal (2016-17). The amount represents 15.99 percent of the country’s total export earnings during the period.
According to the statistics of the Export Promotion Bureau (EPB), the major exports to the US market during the July-February period were woven garment ($2,566.91 million), knitwear ($913.05 million), home textiles ($114.35 million) and cap ($86.61 million).
During the period, around 25.34 percent of the country’s total woven garment exports entered the US market, followed by knitwear (9.02 percent) and home textile (16.78 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, one of Bangladesh’s key destinations, witnessed 1.62 percent growth in the first eight months (July-February) of the current fiscal (FY18) compared to the corresponding period of the previous fiscal (FY17) due to the good performance of readymade garments (RMG).
Bangladesh exports to the USA totaled $3,900.26 million in July-February (2017-18) period compared to $3,838.05 million in the corresponding period of the previous fiscal (2016-17). The amount represents 15.99 percent of the country’s total export earnings during the period.
According to the statistics of the Export Promotion Bureau (EPB), the major exports to the US market during the July-February period were woven garment ($2,566.91 million), knitwear ($913.05 million), home textiles ($114.35 million) and cap ($86.61 million).
During the period, around 25.34 percent of the country’s total woven garment exports entered the US market, followed by knitwear (9.02 percent) and home textile (16.78 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.
