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Bangladesh export earnings up five per cent

Bangladesh’s export earnings grew 5.81 per cent in fiscal year 2017-18.
This was mainly because of the performance of apparels, jute and leather.

However total export receipts were 2.22 per cent less than the strategic target.

Exports of the readymade garment sector posted a 8.76 per cent growth.

Earnings of knitwear products recorded a 10.40 per cent growth over the previous fiscal.

Export receipts from woven garments until June of the last fiscal rose by 7.18 per cent compared to the previous fiscal. Export earnings from home textile products until June of the last fiscal were up by 9.95 per cent.

Export earnings from jute and jute goods were up by nearly 6.56 per cent from that of a year ago. Jute yarn and twine recorded a growth of 6.55 per cent while raw jute recorded a fall of 7.24 per cent.

Earnings from the shipment of leather and leather products fell by 12.03 per cent. Only leather footwear grew by 5.33 per cent.

Export receipts from frozen and live fish amounted to 508.43 million dollars and that of agricultural products reached 673.70 million dollars.

The country’s export earnings touched the 30 billion dollar benchmark for the first time.

The expansion is seen as satisfactory compared with the previous year’s 0.20 per cent.

 
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