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Four months’ export earnings rise to $11.5b

FE Online Report | Published: November 09, 2017 18:18:07 | Updated: November 11, 2017 10:27:15


The country's export earnings during the first four months of the fiscal year 2017-18 grew by 7.03 per cent to $11.50 billion.

Official data released on Thursday said the earnings were $10.79 billion in the same period of the last fiscal year.

The single-month earnings in October this year grew by 6.42 per cent to $2.84 billion, according to the Export Promotion Bureau data.

From readymade garment (RNG) shipments, the country fetched $9.43 billion marking 6.99 per cent growth during July-October period over $8.82 billion in the same period of the last fiscal.

Export earnings from woven in four months grew by 3.85 per cent to $4.45 billion compared to that of $4.28 billion in the same period of FY17.

Earnings from knitwear export during the same period grew by 9.95 per cent to $4.98 billion from $4.53 billion in the corresponding period of the last fiscal.

Export earnings from jute and jute goods increased by 16.46 per cent to $345.01 million from $296.26 million in the same period of FY17.

Agriculture products' export earnings grew by 20.22 per cent and home textile by 20.37 per cent.

Earnings from leather and leather products, however, fell by 0.02 per cent to $428.44 million compared to that of $428.51 million in the same period of the last fiscal.

According to the EPB data, export earnings from frozen food and live fish in the July-October period of FY18 grew by 15.41 per cent to $226.91 million from $196.61 million of the corresponding period of last fiscal.

munni_fe@yahoo.com

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