Exports rise by 6.86pc to $14.56b in 5 months
Published : Friday, 8 December, 2017 at 12:00 AM Count : 31
Earnings from exports rose by 6.86 per cent to $14.56 billion during the first five months of the current fiscal year (FY) 2017-18. The export earning was $13.62 billion during the same period in the last FY, according Export Promotion Bureau.
In November exports grew by 6.22 per cent to $3.05 billion from $2.87 billion in the same month of 2016.
Earnings from RMG export in the July-November period of the FY18 grew by 7.46 per cent to $11.96 billion from $11.13 billion in the same period of the FY17.
Export earnings from the woven segment in the first five months of the current fiscal grew by 3.99 per cent to $5.71 billion compared with that of $5.49 in the same period of the last fiscal.
The knitwear export stood at $6.24 billion during the period marking a 10.86 per cent growth over the earnings of $5.63 billion in the same period of the FY17.
Export earnings from jute and jute goods in the first five months of the FY18 increased by 16.51 per cent to $451.16 million from $387.23 million in the same period of the FY17.
Agricultural products registered a 17.77 per cent growth with earnings of $259.65 million against $220.47 million in the same period of the previous year.
Export earnings from home textile during the period grew by 19.18 per cent to $331.04 million from $277.77 million.
Exports of leather and leather product in the first five months of the current fiscal witnessed a negative growth of 2.95 per cent to $518.15 million compared with that of $533.91 million in the same period of the FY17.
Export earnings from leather-footwear export increased by 8.55 per cent to $252.81 million while leather products fetched $184.73 million with 0.77 per cent negative growth in the period.
Exports of frozen food and fish stood at $ 272.40 million marking 10.78 per cent growth during the period.