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Published on June 17, 2014
Official statistic show the country’s export earnings rose to $27.37 billion riding on the ready-made garment sector from the $24.32 billion in the previous year.
The earning is 0.21 per cent less of the strategic target of 27.43 billion for July-May period of 2013-2014, said Export Promotion (EPB) data released Sunday.
In May, Bangladesh earned 2.72 billion US dollars, which is 7.22 per cent higher compared to $2.53 billion for the same period of last fiscal year.
Export earnings from RMG sector rose to $22.17 billion with a 14.83 per cent surge, in July-May of the current fiscal compared to the last year earning. While in May RMG sector earned $2.20 billion registering a 10 per cent growth.
In July-May Bangladesh exported knitwear and woven products of $10.91 billion and $11.25 billion, registering growth of 16.28 per cent and 13.46 per cent respectively for the same period last year.
Among the other major sector frozen food earned, Pharmaceutical, leather, leather products and footwear showed positive trend in term of earnings.
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