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Exports grow 23.24% to $3.83b in May

Ibrahim Hossain Ovi
02 Jun 2022 14:41:49 | Update: 02 Jun 2022 16:03:22
Exports grow 23.24% to $3.83b in May
— Courtesy/UNB

Bangladesh’s export earnings in May posted a 23.24 per cent growth to $3.83 billion against $3.10 billion in the same period a year ago.

However, the country’s overall export earnings during the July-May period of the current fiscal year increased by 34.09 per cent to $47.17 billion, which was $35.18 billion in the same time of the previous fiscal year.

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RMG sector, the largest contributor to the national exports, earned $38.52 billion during July-May period of FY22, up by 34.87 per cent, which was $28.56 billion in the same period of FY21.

Knitwear products posted a 36.61 per cent growth to $20.98 billion, while woven products earned $17.53 billion with a 32.85 per cent growth.

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