Dhaka, Bangladesh (BBN) – Bangladesh’s export earnings registered a vigorous growth at the rate of 32.40 per cent to $2.37 billion in the month of August this year compared to the corresponding period of the previous year.

“Currently export earnings are showing a robust growth, following good performance of the major sectors,” a senior official of the Export promotion Bureau (EPB) said.

He also said apparel export will significantly increase in the upcoming days, following the recent Indian decision of giving duty-free access of 46 Bangladeshi items to their market.

Shipments of all the major sectors – knitwear, woven, leather and footwear – are increasing and the rate of export growth is even higher than the set target, the state-run EPB officials said.

The total export earning is also 7.34 per cent higher than the target fixed for the period this fiscal. The export earning in July-August period of the 2010-11 fiscal stood at $3.61 billion, which was $1.10 billion lower than the earning of the same period of the 2011-12 fiscal, the EPB data showed.

BBN/SSR/AD-14Sept11-9:25 am (BST)