Export earnings notch 17.24pc growth during July-Nov

539

DHAKA, Nov 5, 2018 (BSS) – The country’s export earnings maintained its
positive trend with a healthy 17.24 percent growth during the first five
months (July-November) period of the current fiscal year (FY19) totalling
$17,073.76 million.

The five-month export figure is also 12.07 percent higher than the
strategic target of $15,235 million.

During the July-November period of the last fiscal, the export earnings
were $14,562.91 million, according to the latest data of the Export Promotion
Bureau (EPB).

The EPB figures showed that the single-month export earnings notched an
11.94 percent growth in November this year totalling $3,421.98 million
compared to $3,057.11 million fetched in November last year.

The single-month export earning is also 10.10 percent higher than the
strategic target of $3,108 million.

The export target for the current fiscal (FY19) was earlier set at
$39,000 million.

According to official data, knitwear continued to fetch the bulk of the
earnings during the July-November period with $7,306.06 million, representing
a good 17 percent growth over the same period (July-November) last year while
woven garments earned $6,880.14 million, having a healthy growth of 20.33
percent.

Export of home textiles totalled $340.7 million with a growth of 2.92
percent while leather footwear exports earned $264.28 million, primary
commodities $713.15 million including frozen and live fish $254.51 million,
shrimps $189.47 million and agricultural products $458.64 million.

Leather and leather products fetched $434.7 million while cotton and
cotton products together earned $62.43 million, plastic products $48.75
million and rubber exports $9.14 million.

Among the other exportable products, the export of cut flower and
foliage notched a whopping 39,300 percent growth bagging $3.94 million
followed by petroleum bi-products with $169.58 million having a growth of
740.75 percent, ores, slag and ash with $3.94 million securing a growth of
191.85 percent and ceramic products bagging $46.81 million witnessing a
growth of 178.96 percent.