Published:  08:18 AM, 10 October 2024

Export earnings grow by 6.78 percent in September

Export earnings grow by 6.78 percent in September
 
Despite labor unrest in the garment sector in various parts across Bangladesh, the country's export earnings increased 6.78 percent in September.

According to data released by the Export Promotion Bureau (EPB), the country's earnings reached $3.51 billion in September, representing a $220 million increase compared to the same month 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.

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 of the current fiscal year, exports grew by 5.04% to reach $11.37 billion, up from $10.82 billion in the same period of FY24.

In the September quarter, the readymade garment (RMG) sector, the country's highest export earner, generated $9.23 billion, representing a 5.34% increase from $8.82 billion in the equivalent period of FY24, accounting for 81.70% of total export earnings. Knitwear

earned $5.22 billion, a 5.72% increase from $4.94 billion, while woven garments earned $4.06 billion, reflecting a 4.85% increase from $3.88 billion compared to the July-September quarter of the last fiscal year.




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