Bangladesh's export earnings in September increased by 6.78 percent despite workers’ unrest in garment sector.  According to the Export Promotion Bureau (EPB) Bangladesh's export earnings in September reached US $3.51 billion, a $220 million jump compared to the same period last year. EPB Vice Chairman Anwar Hossain said this at a press conference on monthly export earnings review at his office on Wednesday. He said they prepared the data based on real time shipments data as per NBR Asycuda world. Advisory Council approves draft 'Export Policy 2024-27' He said, "from now on we will come up with a detailed analysis of the export earnings every month." According to EPB data, in the first quarter - July to September- of the ongoing fiscal year, Bangladesh's export's earnings grew by 5.04 percent to reach $11.37, up from $10.82 billion in the same period of FY24.

Bangladesh’s export earnings increased by 3.8 percent year-on-year to USD $4.78 billion in August, compared to the previous fiscal year (FY2022-23). The Export Promotion Bureau (EPB) published this information on Monday (September 04, 2023), which shows that the garment sector is the major contributor to the overall export earnings. The sector insider shows it as good news amidst falling inward remittances in August. Also read: RMG exports for July-August this year grow by 12.46% As a percentage, compared to 2022, export income increased by 3.8 percent in August 2023. However, the government's target was not met. The government's export revenue target for that month was over $4.87. According to EPB data, 26 types of products including garments, medicine, and leather were exported to the world market in the month of August of the current financial year 2023-24. From there, $4.78 crore has been earned in August. Also read: RMG exports: Bangladesh earned $3.95 billion in July, says BGMEA During the same period of the financial year 2022-23, the export revenue was $4.6 billion. Accordingly, compared to last year, the income has increased by $17.51 crore, which has increased by 3.8 percent. Also read: Bangladesh's RMG export to USA grows 6.31% in FY 2023-24 

RMG exports from Bangladesh to the European Union (EU) saw 9.93 percent growth during the fiscal year 2022-23 — from $21.40 billion in FY 2021-22 to $23.52 billion in FY 2022-23, according to the Export Promotion Bureau (EPB). Read: Bangladesh to retain duty-free access for 98% of exports, including RMG as UK introduces new scheme However, exports to some major markets in the EU region, such as Germany and Poland, have declined significantly, said BGMEA Director Mohiuddin Rubel quoting the facts. In FY 2022-23, apparel exports to Spain, France, Italy, Denmark and Netherland were worth US$ 3.37 billion, US$ 2.94 billion, US$ 2.27 billion, US$ 1.28 billion, and US$ 1.85 billion respectively. Read: Elevated Expressway’s Airport-Farmgate section to open in September: Quader Export to USA, the top apparel export destination of Bangladesh, declined by 5.51 percent to US$ 8.51 billion, from US$ 9.01 billion in FY 2021-22, in the mentioned period. At the same time, RMG exports to the UK and Canada increased by 11.78 percent and 16.55 percent respectively. During the mentioned year, Bangladesh’s exports to non-traditional markets has achieved significant growth of 31.38 percent. Read: RMG exports in FY23 almost $47bn, 85% of total exports Among the major non-traditional markets, exports to Japan, Australia and India crossed the one billion dollar milestone. The share of non-traditional markets in total RMG export also increased by 17.82 percent in FY 2022-23 from 14.96 percent in FY 2021-22.

Bangladesh exported goods worth around $ 5.13 billion in January amid disrupted imports of raw materials for foreign exchange crisis, According to the Export Promotion Bureau (EPB). After receiving $1.96 billion inward remittance in January, this is another good news of earning over $5.13 billion from export, which grew by 5.89 percent year-on-year. The International Monetary Fund (IMF) approved a $.70 billion loan for Bangladesh, the latest earning from remittances and export income hinted at a stabilising foreign exchange situation.  The EPB released the updated statistics of exporting goods on Thursday. According to the data, in the first seven months (July-January) of the current fiscal year 2022-23, goods worth $32.44 billion were exported, which is 9.81 percent more than the same period of last fiscal year. Analysing the EPB data, it is seen that the exports of readymade garments, leather and leather products, non-leather shoes, plastic products have increased in the first seven months of the current financial year. Read more: In May export income falls to 9-month low at $3.83 bn: EPB However, exports of jute and jute products, agro-processed products, home textiles and frozen food have declined during this period. Since the Russia-Ukraine war, inflation in the country is on the rise. Consumers' purchasing power decreases, resulting in lower purchase orders. In the mid of the year, the gas-electricity crisis became evident in the country. Load shedding causes disruption of production for a large part of the day. It also happened that the production was stopped for 12 hours due to shortage of gas. Despite this crisis, there was a strong growth in the export of products at the beginning of the current financial year. Apart from this, in the first seven months of the current fiscal year, leather and leather products worth $73 million have been exported. This export is 7.37 percent higher than the same period of last year. On the other hand, home textile products worth $690 million have been exported during July-January of the current fiscal year. This export is 16.65 percent less than the same period of last year. Again, the export of agro-processed products worth $550 million is 25.86 percent less than the same period of last year.

Bangladesh's apparel exports reached $22.97 billion, growing 15.56 percent year-on-year, during July-December, the first six months of 2022-23 fiscal, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said Monday citing the Export Promotion Bureau (EPB) data. Knitwear accounted for $12.66 billion and woven garments accounted for $10.33 billion of the shipment, with a 13.42 percent and 18.29 percent growth year-on-year, respectively. "The Apparel industry fared well in December. With a 15.35 percent growth, December 2022 fetched $4.67 billion from readymade garments (RMG) exports, the highest in a single month ever recorded," BGMEA Director Md Mohiuddin Rubel said. Read: BGMEA delegation meets US State Department official to discuss RMG issues "If we consider the data of the calendar year, Bangladesh marked a new milestone in RMG export in 2022 amid geopolitical tension, global economic turmoil, and natural disasters. As per the analysis of the BGMEA, Bangladesh's RMG export reached $45.70 billion in 2022 with 27.64 percent growth compared to 2021." "The export earnings from knitwear was $24.71 billion while the earnings from woven was $20.99 billion, with both registering 26.11 percent and 29.48 percent year-on-year growth, respectively in 2022." Bangladesh exported goods worth $27.22 billion in the first six months of FY23, according to EPB. Read More: Bangladesh earned $27.22b from exports in July-Dec amid new records

Bangladesh exported goods worth $27.22 billion in the first six months till December of the current fiscal year 2022-23 amid a growing crisis of foreign exchange, according to an official report. The country received $10.37 billion from exports only in the last two months (November and December), which is the highest ever export earnings in two months. According to the Export Promotion Bureau (EPB), Bangladesh exported goods worth $5.37 billion in December, which is also the highest single-month export earnings. Read More: Bangladesh's ASM Packall Export to invest $4.8m in Mongla EPZ In November 2022, the export earnings crossed $5 billion for the first time. In December, the export earnings made another record. The export earnings in December 2021 were $4.9 billion. The export grew by 9.33 percent year-on-year in December this year. The readymade garment contributed the highest in the export earnings as usual. Read More: July-November: Bangladesh’s exports to major countries show "encouraging growth" The export earnings from the ready-made garments increased by 15.35% year-on-year in December from $4.04 billion in December 2021 to $4.67 billion in December this year. Faruque Hassan, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said the apparel sector has seen good growth in December due to a unit price hike. The contribution of the apparel sector soared due to good prices and the increase in the ratio of high-end products in recent times, he said. Read More: Export of jute products a boon for Satkhira women He also said that Bangladesh witnessed a rush of orders after the post-Covid-19 pandemic period due to the increased credibility of the country keeping factories operational during the pandemic. He said now garment makers are exporting jackets at prices above $40 per piece, against previous $30. The export earnings were $3.91 billion and $4.36 billion in September and October this year. The export was registering a 14.70 percent rise to bag $3.98 billion year-on-year in July, thanks to the good performance of the apparel sector. Read More: Bangladesh seeks zero tariff on apparel exports to US at 6th TICFA meeting Bangladesh bagged $4.60 billion through exports in August, registering a 36.18 percent year-on-year growth while it slipped by 6.25 percent (Y-o-Y) to $3.91 billion in September as the flow of orders for garments slowed amid higher inflation and the Russia-Ukraine war.

The Export Promotion Bureau (EPB) data show that, despite an overall drop in export earnings, Bangladesh's apparel sector recorded a 3.27 percent increase in revenue in October compared to the same month of the previous year. In October of the current fiscal year, total export revenues fell 7.85 percent to $4.35 billion from $4.72 billion in the corresponding month of the fiscal year (FY) 2021–22. However, earnings from apparel exports increased to $3.67 billion from the $3.65 billion reported in October of FY22. Read more: Falling exports-remittances: Double blow to Bangladesh economy According to EPB, Bangladesh's apparel exports during July-October of FY23 rose 10.55 percent year-on-year to $13.95 billion. During the same period last year, readymde garments (RMG) exports brought in $12.62 billion for the country. "Although readymade garment shipments were expected to drop in October, this encouraging development is welcome," Mohiuddin Rubel, director of the Bangladesh Garment Manufacturers and Exporters Association, said. "However, as global retail markets are struggling and buyers are taking cautious steps in placing new orders and managing inventory, as an entrepreneur in the apparel sector I am not optimistic about the trend of work orders and the sector's growth in the coming months." Read more: RMG factories bearing power outages of 4 to 10 hours a day: BGMEA President  

Despite the ongoing global crisis and inflation, Bangladesh exported over USD $4.6 billion worth of goods in August with a record 36.18 percent growth. Bangladesh's export worth in August also exceeded the set target. The export target for the second month of the current financial year (2022-23) was $4.3 billion, Export Promotion Bureau (EPB) revealed the data today (September 4, 2022). According to the statistics, the export earnings growth of Bangladesh has reached to 25.31 percent at the end of the first two months of the current financial year. The total export in two months was $8.59 billion, which is 4.52 percent over the target. Also read: All export-oriented industries should get equal facilities: Salman F Rahman According to EPB, in FY2021-22, goods worth $3.38 billion were exported in August. Compared to the last financial year, $1.22 billion more in exports have been made this year. On the other hand, in July, the first month of this fiscal year, the export of goods worth Tk $3.98 billion was 14.72 percent more compared to the same period of the previous year. Readymade garment products, home textiles, and other apparel products have played a significant role in exports as always. Garment exports in July and August were worth $7.11 billion. The growth is 26 percent. Read: Exports to China can grow with extension of duty-free access to 380-plus new products At the same time, the export of leather and leather products was worth $22.32 crore. The growth is about 28 percent. And the export of jute goods was $15.66 crore, where the growth is about 23 percent.

Bangladesh's exports in July grew by nearly 15 percent from a year back and exceeded the target, in a strong start to the new fiscal. Amid the deficit and widening gap in the balance of payments during the last fiscal, the Export Promotion Bureau (EPB), released this information on Tuesday. According to the EPB data, Bangladesh exported goods worth USD $3.98 billion in July of FY23, which was $3.47 billion in the same month of FY22. It shows that the export income grew by around 15 percent. Read:Mongla Port witnesses first RMG export thanks to Padma Bridge The government has set an export target for July of $3.92 billion and at the end of the month, the export overshot by $ 60 million. However, compared to June, exports fell by nearly $1.0 billion in July. Last June, Bangladesh exported goods worth $4.91 billion. According to export data for July, knit and woven garments exports amounted to around $3.37 billion, which is 16.61 per cent higher than the same period of the previous year. Read Bangladesh sets export earnings growth target at 15% this fiscal Garment exports worth $2.89 billion in July last year. However, in the recently concluded fiscal year 2021-22, the export growth in the garment sector was around 35 per cent. The EPB data shows that Bangladesh exported goods and services in FY22 worth $60.08 billion, which grew by 17.80 per cent more than the fiscal target of $51 billion. In the outgoing fiscal year, Bangladesh earned $52.08 billion from exporting goods against the target of $43.5 billion. It shows 19.73 per cent growth. Read Leather sector can hit $12 bn in export earnings by 2030: Speakers From the service sector, Bangladesh earned $8 billion in FY22 against the target $7.5 billion, which saw a growth 6.67 per cent than the fiscal target. Bangladesh made a record in exporting both goods and services in FY22 thanks to increasing consumption across the globe. The government set a 15 percent credit growth target in the current fiscal year and a $67 billion export target for the current fiscal year. Read Export earnings cross $50 billion riding on RMG

The Export Promotion Bureau (EPB) has assured Walton of its support to boost the exports of domestically made electronics and electrical products. "We need to promote the 'brand Bangladesh' and 'Made in Bangladesh' products in the global arena," AHM Ahsan, vice-chairman of EPB, said during a visit to Walton Hi-Tech Industries headquarters in Gazipur Saturday. Read Eid: Walton Digital Campaign Season 15 starts EPB Director-General Mahbubur Rahman said, "Bangladesh's exports in the electronics sector started with Walton. Others are now trying to follow it. We have a lot of potential here." "Walton's market share in Bangladesh is more than 60 percent. The company is also increasing its exports. We are ready to provide all necessary assistance to everyone, including Walton, to increase the exports of electronics and electrical products made in Bangladesh." Also read: 'Electronics exports to overtake apparel'