Exports grow 15.5pc year-on-year in May

Last updated: June 10, 2013

Dhaka, Bangladesh (BBN): Exports accelerated 22.11 per cent to $2.53 billion in May from the previous month, helped by higher demand for garment items, jute and jute goods abroad.

Overseas sales grew 15.5 per cent year-on-year in May, according to data from the Export Promotion Bureau. But exports in May were about 4 per cent lower than the $2.63 billion target.

Between July and May, exports grew 10.67 per cent to $24.32 billion from the same period last year, but were lower than the target for $25.16 billion, according to the data.

Bangladesh exported knitwear worth $9.40 billion and woven garments worth $9.92 billion in July-May, registering year-on-year growth of 9.56 per cent and 14.10 per cent respectively.

Jute and jute goods exports grew 6.57 per cent to $947.91 million between July and May, from the same period a year ago.

BBN/BB/AD/10June-13-10.05am (BST).

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