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Bangladesh’s exports rose 7.81 per cent year-on-year to $4.63 billion in February, backed by buoyant garment shipments.
Monthly exports, however, fell below $5.0 billion after crossing the mark for the first time in November 2022, as per a bdnews24.com report.
February exports also missed the target by 3.68 per cent, according to the latest data published by the Export Promotion Bureau on Thursday.
The exports in the July-February period increased by 9.56 per cent to $37.07 billion from a year earlier.
Although the demand for clothing in the West fell due to the Russia-Ukraine war, garment exports grew as exporters said they built the capacity to manufacture high-end products.