Exports grow by 15.10pc in FY21

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Business Desk :
Bangladesh’s exports earnings grew by 15.10 per cent to $38.75 billion in the just-concluded fiscal year 2020-21.
According to Export Promotion Bureau (EPB) data released on Monday, Bangladesh exported goods of $38.75 billion in the FY21, which was $33.67 billion in the previous fiscal year.
RMG sector, the lifeline of the country’s export earnings, contributed 81.16 per cent or $31.45 billion to the national exports of $38.75 billion in the FY21. RMG sector posted a 12.55 per cent growth in FY21 compared to the previous year earnings of $27.94 billion. Of the total earnings, Knitwear products earned $16.96 billion, up by 21.94 per cent, which was $13.90 billion in the same period last year. While woven products fetched $14.50 billion, which is 3.24 per cent higher compared to $14.04 billion in the previous fiscal year.
Export performance of other major sectors Jute and jute goods earned $1.16 billion, up by31.63 per cent from $882.35 million in the previous year.
On the other hand, leather and goods posted an 18.06 per cent growth to $942 million, which was $798 million.
Leather products earned $252.65 million, up by 14.55 per cent, which was $220.55 million, while leather footwear posted a 19 per cent growth to $570 million against $479 million in the same period a year ago.
Home textile sector became the billion-earner sector for the first time and it fetched $1.13 billion, which is 49.17 per cent higher compared to $759 million. Among other major sectors, agricultural products have posted a 19.27 per cent growth to $1 billion, which was $862 million previously.
Exports of frozen and live fish went up 4.65 per cent to $477.37 million, which was $456 million in the previous year.
Export earnings from the pharmaceuticals sector gained by 24.47 per cent to $169 million, while plastic goods earnings rose by 14.68 per cent to $115.28 million.
The specialised textile sector recorded 12.81 per cent growth to $131 million.

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