Staff Reporter :
Bangladesh’s merchandise export recorded a 13.39 per cent rise in the first seven months (July-January) of the current fiscal year, driven by buoyant apparel shipments.
The sale of local goods abroad reached $24.17 billion in the July-January period of the fiscal year 2018-19 compared to sale of $21.23 billion in the same period last fiscal, according to the data of Bangladesh export Promotion Bureau (EBP) released on Wednesday.
Bangladesh also beat the export target for July-January by 7.91 per cent.
In January alone, its export turnover stood at $3.67 billion, up7.95 percent over the same month in the last fiscal year. The monthly target was $3.62 billion.
Garments, which account for over 80 per cent of Bangladesh’s total export, earned $20.17 billion between July and January of this fiscal year, showing nearly 15 per cent year-on-year growth.
In the July-January period, export of knitwear rose by 13.86 per cent to $10.14 billion and export of woven garments advanced by 15.18 per cent to U$10.07 billion.
Apart from apparels, agricultural products export rose by 61 per cent to $579.61 million, chemical products by 51 per cent to $124.78 million, frozen and live fish export rose by 2.01 per cent to $361 million and plastic products by 19.66 per cent to $67 million.
Besides, jute and jute goods export declined by 24.66 per cent to $489.66 million and leather and leather products by 11.71 per cent to $626.42 million.
Bangladesh fetched $36.66 billion from merchandise export in the last fiscal year (2017-18 and set an export target of $39 billion for this fiscal year.
Bangladesh’s merchandise export recorded a 13.39 per cent rise in the first seven months (July-January) of the current fiscal year, driven by buoyant apparel shipments.
The sale of local goods abroad reached $24.17 billion in the July-January period of the fiscal year 2018-19 compared to sale of $21.23 billion in the same period last fiscal, according to the data of Bangladesh export Promotion Bureau (EBP) released on Wednesday.
Bangladesh also beat the export target for July-January by 7.91 per cent.
In January alone, its export turnover stood at $3.67 billion, up7.95 percent over the same month in the last fiscal year. The monthly target was $3.62 billion.
Garments, which account for over 80 per cent of Bangladesh’s total export, earned $20.17 billion between July and January of this fiscal year, showing nearly 15 per cent year-on-year growth.
In the July-January period, export of knitwear rose by 13.86 per cent to $10.14 billion and export of woven garments advanced by 15.18 per cent to U$10.07 billion.
Apart from apparels, agricultural products export rose by 61 per cent to $579.61 million, chemical products by 51 per cent to $124.78 million, frozen and live fish export rose by 2.01 per cent to $361 million and plastic products by 19.66 per cent to $67 million.
Besides, jute and jute goods export declined by 24.66 per cent to $489.66 million and leather and leather products by 11.71 per cent to $626.42 million.
Bangladesh fetched $36.66 billion from merchandise export in the last fiscal year (2017-18 and set an export target of $39 billion for this fiscal year.
