Bangladesh registers healthy export earnings during July-Nov period

Bangladesh registered healthy export earnings of 13.73 percent totaling $2,749.34 million in this November against $2,417.43 million fetched during the corresponding period last year which is attributed mainly to moderate performance of knitwear, woven garment, jute and jute-made goods, agricultural and leather products.

According to data released by the Export Promotion Bureau (EPB) on Sunday, export earnings in the first five months (July-Nov) showed a moderate growth of 6.71 percent totaling $12,879.83 million, which was a mere 0.01 percent higher than the strategic target of $12,879 million.

For July-November period of the current fiscal, knitwear export maintained its positive trend fetching $5,236.73 million, which showed 4.78 percent growth over the same period of the last fiscal while woven garment accounted for $5,226.03 million having a growth of 11.35 percent.

During the five-month period, export of home textiles totaled $276.73 million with a fall of 7.33 percent and cotton and cotton products together earned $40.58 million.

The export of jute and jute goods maintained their positive trend during the July-November period of the current fiscal fetching $358.60 million, registering 2.86 percent growth. Raw jute exports fetched $73.61 million with 70.35 percent rise; while jute yarn and twine accounted for $206.18 million and other items some $28.49 million.

Jute sacks and bags showed a fall of 26.48 percent during the period as exports totalled $50.32 million.

The export of manmade filaments and staple fibres totaled $43.48 million; specialised textiles, including terry towel also showed a positive growth of 12.88 percent, earning $43.29 million, while export of handicrafts totaled $3.62 million during the July-November period of the current fiscal.