Published :
Updated :
Merchandise exports fetched US$5.18 billion for Bangladesh in February, posting a 12.04 per cent year-on-year growth.
Export receipts amounted to US$4.63 billion in February 2023, according to Export Promotion Bureau (EPB) data published Monday.
The February 2024 earnings, however, slightly missed the target set for the month by 0.98 per cent.
The country's overall export during the first eight months of the current fiscal year also marked a growth of 3.71 per cent to US$38.45 billion.
During the July-February period of fiscal 2022-23, Bangladesh earned US$37.07 billion, the EPB data showed.
The overall export earnings, however, fell short of the target of 6.48 per cent set for the period.
During the July-February period of 2023-24 fiscal, the RMG exports fetched the country $32.85 billion--US$18.59 billion from knitwear and US$14.26 billion from woven garments-marking a 4.77 per cent growth, according to EPB data.
On the downside, the home-textile sector experienced a decline of 29.94 per cent during the July-February period of fiscal year'24, with earnings amounting to $539.35 million.
According to EPB data, exports of jute and jute goods stood at $581.55 million, which is a 4.68 per cent fall.
Earnings from agricultural items like vegetables, fruits and dry foods, however, registered a growth of 3.49 per cent to $636.51 million during the first eight months.
Export earnings from engineering products decreased by 3.26 per cent to $337.94 million during the July-February period.
Earnings from frozen and live fish exports decreased by 14.1 per cent to $273.97 million.
Bangladesh received $712.68 million from the export of leather and leather goods in July-February, with a negative growth of 14.38 per cent.
Pharmaceutical exports fetched $134.15 million, registering a 12.67 per cent growth.
Export earnings from footwear other than leather items also increased by 8.7 per cent to $341.35 million.