B'desh exports dip 5.84% in 1st half of fiscal 2019-20

Dhaka, Jan 6 (IANS) Bangladesh's total exports in the first half of the current 2019-20 fiscal year (July 2019-June 2020) reached over $19 billion, down 5.84 per cent year on year, official data revealed on Monday.According to the country's Export Promotion Bureau (EPB) data, Bangladesh fetched $19,302.16 million from exports in the first six months of the current fiscal year, reports Xinhua news agency.The EPB data showed export performance for December was $3.53 billion, 2.89 per cent lower than that in the same month a year ago.A Bureau official said overall export income plunged as earnings from garment items have been experiencing slowdown for months.Readymade garment exports from Bangladesh fell by 6.21 per cent to about $16 billion in the first half of the current 2019-20 fiscal year, said the official.Bangladesh set its export target in 2019-20 fiscal year at $45.50 billion, including $38.20 billion from ready-made garment products, the EPB data showed.
--IANS ksk/