B'desh exports skyrocket, nearly $16bn fetched in 1st 4 months of FY 2021
Dhaka
04-November-2021
.webp)
PHOTO: IANS
Bangladesh's total goods export income in the first four months of the current fiscal year (July 2021-June 2022) surged about 23 per cent year on year to nearly $16 billion, thanks to a hefty rise in shipments of readymade garment items, an official said.
With hefty growth in garment exports, he said Bangladesh shipped goods worth $4.73 billion in October, the highest single-month receipts, which was also 60.37 per cent higher than the same month a year ago.
The previous single-month highest export earnings were recorded in September when Bangladesh fetched home $4.17 billion
The export income exceeded the target of $13.90 billion for the July-October period by 13.33 per cent, said the official.
Bangladesh set its export target in 2021-22 fiscal year 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.
In the July-October period, according to the official, Bangladesh earned $12.62 billion from garment exports with knitted items such as T-shirts and woven items such as jeans rising 20.78 per cent - IANS
Watch This TWL Video
More Headlines
NPG Evaluates 8 Key Infrastructure Projects Under PM GatiShakti Plan
Rupee Symbol Debate Heats Up as Tamil Nadu Opts for ‘ரூ’
AIADMK Walks Out, BJP Boycotts Tamil Nadu Budget Session
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss
NPG Evaluates 8 Key Infrastructure Projects Under PM GatiShakti Plan
Rupee Symbol Debate Heats Up as Tamil Nadu Opts for ‘ரூ’
AIADMK Walks Out, BJP Boycotts Tamil Nadu Budget Session
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss