Export earnings register 11.61pc growth
Business Live: The country’s export earnings maintained its positive trend with a healthy 11.61 percent growth during the first ten months (July-April) period of the current fiscal year (FY19) totaling $33,937.23 million.
Talking to BSS, Vice President of the Bangladesh Economic Association Dr Abdul Hannan said, “Bangladesh’s export sector is mainly RMG-based and the contribution of the RMG sector is increasing day by day. Besides, political situation in recent years was stable for which the export earnings witnessed continued growth.”
According to official data, readymade garments (RMG) continued to fetch the bulk of the earnings during the July-April with $28,490.70 million, representing a good 12.59 percent growth over the same period (July-April) of last year while woven garments earned $14,405.76 million, having a healthy growth of 12.85 percent.
Export of home textiles totaled $723.59 million with a fall of 3.74 percent while leather footwear exports earned $491.05 million, primary commodities $1,237.38 million including frozen and live fish $446.48 million, shrimps $318.43 million and agricultural products $790.90 million.
Dhaka, 09 May (campuslive24.com)//MIH