Export earnings see fall in Sept

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Economic Reporter :
Country’s export earnings witnessed a 5.63 percent fall in September this year totaling $ 2241.01 million compared to $ 2374.65 million fetched in September last year.
The single-month export earning is also 18.06 percent short of the target of $ 2735 million, according to latest statistics provided by the Export Promotion Bureau (EPB).
The EPB figures, however, revealed that the country’s overall export earning is on a positive trend witnessing a 4.12 percent growth during the first quarter (July-September) of the current fiscal year totaling $ 8078.82 million compared to the corresponding period of the previous fiscal year when the export earnings were $7758.99 million.
The decline in the export earnings was attributed to moderate performances of the key woven garment, knitwear, leather, jute and jute-made goods. The three-month export figure is also 9.69 percent lower than the strategic target of $ 8946 million.
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