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B'desh earns nearly $25 from exports in H1 of 2021-22 fiscal

Tuesday - January 4, 2022 3:39 pm , Category : WORLD
Dhaka, Jan 4 (IANS) Bangladesh's total exports in the first half of the current 2021-22 fiscal year (July 2021-June 2022) reached nearly $25 billion, up 28.41 per cent year on year, according to the latest official data on Tuesday.
The Export Promotion Bureau (EPB) data posted on its website showed that Bangladesh earned $24,698.55 million from exports in the July-December period, compared to $19,233.45 million a year earlier, reports Xinhua news agency.
Of the total earnings, the EPB data showed the country's income from ready-made knitwear and woven garment items surged 28.02 per cent to $19.90 billion during the cited period.
In the first half of the current 2021-22 year, the EPB data showed knitwear garment export growth increased 30.91 per cent to $11.16 billion, while woven garments rose 24.50 per cent to $8.74 billion, compared with the same period of last fiscal year.
With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago.
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.

--IANS ksk/

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)