Export target falls short of 4.42 pc during July-Dec

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UNB, Dhaka :
Country’s export earnings fell short of 4.42 percent in the first half (July-December) of the current fiscal year as it totalled $ 14,914.21 million against the target of $ 15,604.00 million.
The overall export earnings during the period, however, notched a 1.56 percent growth compared to the same period of the last fiscal year, according to the latest figures provided by the Export Promotion Bureau (EPB).
The single-month export earnings in December last registered a slightly better growth of 4.33 percent totalling $ 2,844.13 million, but fell 0.85 percent short of the target of $ 2,868.48 million.
The export target for the current fiscal (FY15) was set at $ 33,200 million. The total exports during the last fiscal (FY14) reached $ 30,186.62 million.
According to the EPB statistics, knitwear fetched the bulk of the earnings during this July-December period with $ 6,061.58 million, representing a mere 1.90 percent growth over the same period (July-Dec) last year while woven garments earned $ 5,962.70 million, a fall by 0.35 percent.
The export of home textiles totalled $ 370.77 million with a fall of 0.63 percent; leather footwear exports earned $ 251.48 million; primary commodities $ 682.80 million; frozen foods, including frozen fish, shrimps and others $ 355.03 million; and agricultural products $ 327.77 million.
The export trend for leather products and plastic products except leather maintained their upward trend during the six-month period.
Leather exports totalled $ 211.12 million while leather products $ 110.07 million; cotton and cotton products together earned $52.37 million; plastic and melamine products $ 53.64 million; while rubber exports returned to the positive trend to total only $ 8.31 million.
During the six-month period, export of ships, boats and floating structures notched a staggering 5583.33 percent growth to total $ 3.41 million, wool and woolen products with 942.86 percent growth totaling $ 0.73 million, glass and glassware notched 423.53 percent growth with $ 0.89 million.
The export of jute and jute goods in July-December totalled $ 429.52 million, registering a 9.14 percent growth. Raw jute exports fetched $ 56.46 million with 4.39 percent decline; jute yarn and twine $ 257.30 million; jute sacks and bags $ 84.64 million; and other items brought in some $ 31.12 million.
Engineering products including iron and steel, bicycle and electronic products fetched almost $ 221.05 million.
Export of manmade filaments and staple fibers totalled $ 47 million while other manufactured products earned $ 64.80 million.
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