B'desh exports skyrocket, nearly $16bn fetched in 1st 4 months of FY 2021
04-November-2021
.webp)
Bangladesh's total goods export income in the first four months of the current fiscal year (July 2021-June 2022) surged about 23 per cent year on year to nearly $16 billion, thanks to a hefty rise in shipments of readymade garment items, an official said.
The Export Promotion Bureau (EPB) official told Xinhua news agency that Bangladesh earned a total of $15,749.48 million from exports during the July-October period, compared to $12,844.64 million in the same period of the previous year.
With hefty growth in garment exports, he said Bangladesh shipped goods worth $4.73 billion in October, the highest single-month receipts, which was also 60.37 per cent higher than the same month a year ago.
The previous single-month highest export earnings were recorded in September when Bangladesh fetched home $4.17 billion
The export income exceeded the target of $13.90 billion for the July-October period by 13.33 per cent, said the official.
Bangladesh set its export target in 2021-22 fiscal year at $43.50 billion, including $35.14 billion from ready-made garment products, which usually account for about 85 per cent of the national shipment in a year.
In the July-October period, according to the official, Bangladesh earned $12.62 billion from garment exports with knitted items such as T-shirts and woven items such as jeans rising 20.78 per cent - IANS
Tamil Nadu Issues Public Advisory as Viral Fever Cases Rise; Masks Urged in Crowded Areas
KCR’s Daughter Kavitha Suspended from BRS Amid Family Rift and Power Struggle
PM Modi Condemns Abuse of His Late Mother at Bihar Rally, Calls It Insult to All Mothers
Indian Army Joins US Troops in Alaska for Yudh Abhyas 2025 Military Exercise
TN, Puducherry Brace for Rain and Strong Winds, IMD Warning for Coastal Areas