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Earnings from merchandise shipment grew by 6.67 per cent to the highest $55.55 billion in the just-concluded fiscal year of 2022-23 thanks to the double-digit growth of the readymade garment sector.
In the fiscal year of 2021-22, Bangladesh fetched $52.08 billion, according to Export Promotion Bureau (EPB) data released on Monday.
The earnings, however, fell short of the target set for the fiscal by 4.21 per cent.
According to EPB data, the single-month earnings in June 2023 were US$5.03 billion or 2.25 per cent higher than the earnings of June 2022.
In June 2022, Bangladesh fetched US$4.90 billion.
The June'23 earnings also fell short of the target by 9.61 per cent, data showed.
Out of the total US$55.55 billion amount, readymade garment exports fetched US$ 46.99 billion, recording a growth of 10.27 per cent in the July-June period.
The sector's earnings slightly exceeded the target set for the fiscal of 2022-23 by 0.41 per cent.
In the corresponding period of FY22, the country earned US$ 46.21 billion from apparel exports.
In FY23, the knitwear subsector of RMG earned $ 25.73 billion, registering a growth of 10.87 per cent, while earnings from woven garments amounted to US$ 21.25 billion, up by 9.56 per cent.