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The Financial Express

Merchandise shipment earnings up by 6.86pc

| Updated: December 09, 2017 13:06:42


Merchandise shipment earnings up by 6.86pc

Earnings from merchandise shipment grew by 6.86 per cent to $14.56 billion during the first five months of current fiscal year over that of corresponding period.

According to official data released Thursday, the country fetched $13.62 billion in the July-November period of fiscal year 2016-17.

The single-month earnings in November 2017 grew by 6.22 per cent to $3.05 billion from $2.87 billion in the same month of 2016, according to state owned Export Promotion Bureau data.

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. 

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