Driven by ready-made garments, Bangladesh's exports in the first month of the current 2017-18 fiscal year ending next June surged over 26 percent to 3.21 billion U.S. dollars, said an official Wednesday.
The Export Promotion Bureau (EPB) official told Xinhua that export performance for July was 3.207 billion U.S. dollars, 26.54 percent higher than that in the same month a year ago.
Despite robust growth, the official who preferred to be unnamed said Bangladesh's July export earnings were about 1 percent lower than the 3.239 billion U.S. dollars target set for the last month.
Of the total earnings, he said the country's income from ready-made garment items, including knitwear and woven, stood at about 2.48 billion U.S. dollars in the last month of the current fiscal year.
The EPB data showed knitwear garment export grew 17.28 percent to 1.26 billion U.S. dollars while woven garments increased 16.88 percent to 1.22 billion U.S. dollars, comparing with the same period of last fiscal year.
It showed Bangladesh's export income in the past 2016-17 fiscal year grew 1.69 percent year-on-year to reach 34.66 billion U. S. dollars, falling short of the projected target by 5.85 percent.
Bangladesh set its export target in 2017-18 fiscal year at 37.50 billion U.S. dollars, including 30.16 billion U.S. dollars from ready-made garment products, the EPB data showed.
The Export Promotion Bureau (EPB) official told Xinhua that export performance for July was 3.207 billion U.S. dollars, 26.54 percent higher than that in the same month a year ago.
Despite robust growth, the official who preferred to be unnamed said Bangladesh's July export earnings were about 1 percent lower than the 3.239 billion U.S. dollars target set for the last month.
Of the total earnings, he said the country's income from ready-made garment items, including knitwear and woven, stood at about 2.48 billion U.S. dollars in the last month of the current fiscal year.
The EPB data showed knitwear garment export grew 17.28 percent to 1.26 billion U.S. dollars while woven garments increased 16.88 percent to 1.22 billion U.S. dollars, comparing with the same period of last fiscal year.
It showed Bangladesh's export income in the past 2016-17 fiscal year grew 1.69 percent year-on-year to reach 34.66 billion U. S. dollars, falling short of the projected target by 5.85 percent.
Bangladesh set its export target in 2017-18 fiscal year at 37.50 billion U.S. dollars, including 30.16 billion U.S. dollars from ready-made garment products, the EPB data showed.
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