Bangladesh’s export earnings grew by 15.26 percent year-on-year in July, the first month of the current fiscal year, according to the Export Promotion Bureau (EPB).
Bangladesh exported goods worth USD $4.59 billion in July of the current fiscal year which is 15.26 percent higher than in July in the previous fiscal year, it said.
Also read: July export earnings up 15% over a year back to $3.98 billion
The EPB released this updated data on commodity exports on Thursday.
Bangladesh exports 26 types of products and among those export of 17 items have increased.
The export target in 2023-24 fiscal year was set at $62 billion and the growth was fixed at 11.59 percent.
Also read: Bangladesh export income grows by 34.38 pc to $52.08 bn in FY 22
In the previous fiscal year 2022-23, the income from export was $55.56 billion and the growth was 6.67 percent.
According to the sector wise export data, the highest export income in July came from readymade garments. Export growth in this sector was 17.43 percent. The total export of clothing products was $3.95 billion.
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Among these, knitted garments worth $2.26 billion and woolen garments worth $1.68 billion were exported.