Bangladesh’s export earnings grow by 4.0% in nine months

Last updated: April 5, 2017

BBN file photo

Dhaka, Bangladesh (BBN)- Bangladesh’s overall export earnings grew by nearly 4.0 per cent in the first nine months of the current fiscal year compared to the same period of the previous fiscal.
The export earnings rose to US$25.95 billion during the July-March period of the fiscal year (FY) 2016-17 from $24.95 billion in the same period of the FY 16, according to statistics from the state-run Export Promotion Bureau (EPB), released on Wednesday.
The earnings during the period under review fell 4.30 per cent short of the period’s target of $ 27.11 billion set by the government earlier.
On the other hand, the export earnings increased by nearly 10 per cent to $3.11 billion in the month of March last from $2.83 billion a year ago.
RMG exports increased by 2.39 per cent to $20.93 billion during the period under review from $20.44 billion in the same period of the FY 16, the EPB data showed.
The woven garment exports grew by 0.18 per cent to $10.78 billion during the first nine months from $10.76 billion in the same period of the FY 16, while knitwear exports increased by 4.85 per cent to $10.38 billion from $9.67 billion.
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