Bangladesh’s apparel exports grew 9.37 per cent year-on-year in the first ten months of the fiscal year.

Exports increased 6.41 per cent year-on-year in the July-April period. The earnings slightly missed the periodic target.

Exports rose 7.11 per cent year-on-year in April riding on the higher shipment of garment items. Although the receipt is 0.51 per cent higher than the monthly target, it was the lowest in six months.

Knitwear exports rose 11.43 per cent and woven garments exports were up 7.42 per cent. Cotton, cotton products, and yarn exports went up by 19.01 per cent, jute and jute goods increased 7.66 per cent, home textile exports rose 13.07 per cent, leather and leather goods were down 10.02 per cent.

The industry is confident of achieving more than ten per cent garment export growth at the end of the fiscal year as the trend in the international market shows very bright prospects.