The export earnings in the first four months (July-October) of the current fiscal year (FY23) witnessed a growth of 7.01 percent fetching $16,853.51 million. The export earnings during the same period of the last fiscal year (FY22) were $15,749.48 million.
According to the latest statistics of the Export Promotion Bureau (EPB), the overall export earnings during this four-month period, however, were 3.25 percent lower than the strategic export target of $17,420 million.
During this four-month period, the export of leather and leather products witnessed a healthy growth of 17.42 percent bagging $428.46 million followed by knitwear $7,725.12 million, woven garments $6,227.22 million and home textile $434.16 million.
Readymade garment (RMG) exports from Bangladesh increased by 10.55 per cent to $13.952 billion in the first four months of fiscal 2022-23. Exports of knitwear increased by 7.14 per cent to $7.725 billion while exports of woven apparel increased by 15.08 per cent to $6.227 billion during the period under review.
RMG exports from Bangladesh had witnessed an increase of 35.47 per cent to $42.613 billion in fiscal 2021-22 compared to exports of $31.456 billion in fiscal 2020-21. Bangladesh had achieved an all-time high in terms of value of RMG exports in 2021-22.
