Advertisement

Bangladesh’s export earnings reach $25 billion in first half of 2021/22

  • Xinhua
  • Share

Bangladesh

Image: File

Advertisement

DHAKA: Bangladesh’s total exports in the first half of the fiscal year 2021/22 reached nearly $25 billion, up 28.41 per cent year-on -year, according to the latest official data.

The Export Promotion Bureau (EPB) data posted on its website showed that Bangladesh earned $24.69 billion from exports in the July-December period, compared to $19.23 billion a year earlier.

Of the total earnings, the EPB data showed the country’s income from ready-made knitwear and woven garment items surged 28.02 per cent to $19.90 billion during the cited period.

In the first half of the current 2021/22 year, the EPB data showed knitwear garment export growth increased 30.91 per cent to $11.16 billion while woven garments rose 24.50 per cent to $8.74 billion, compared with the same period last fiscal year.

With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago.

Advertisement

Bangladesh set its export target in fiscal year 2021/22 at $43.50 billion, including $35.14 billion from ready-made garment products, which usually account for about 85 per cent of the national shipment in a year.

Also Read

High interest rates slash auto sector profits

Pakistan’s auto sector is facing headwinds, amid fears that high interest rates...

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Gold Rate in Kuwait Today - 9 May, 2024
Gold Rate in Saudi Arabia Today - 9 May, 2024
GBP TO PKR and other currency rates in Pakistan – 09 May 2024
Gold Rate in Qatar Today - 9 May, 2024
USD TO PKR – Today’s Dollar Price in Pakistan – 09 May 2024
Gold Rate in UAE Today: Gold Rate in Dubai - 9 May, 2024
Next Article
Exit mobile version