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Exports up 7.81% in Feb YoY

Staff Correspondent
02 Mar 2023 16:36:50 | Update: 03 Mar 2023 00:10:38
Exports up 7.81% in Feb YoY
— TBP File Photo

Bangladesh’s export earnings have risen by 7.81 per cent to $4.63 billion when compared year-on-year, despite the ongoing global economic crisis.

The Export Promotion Bureau’s (EPB) monthly provisional data published on Thursday further show that last month, the apparel sector earnings increased by 12.30 per cent to $3.94 billion compared to the same month previous FY.

The country earned $37.08 billion in the July-February period of FY23, posting a 9.56 per cent year-on-year growth, though the earnings are 0.45 per cent lower than the target.

During this period, all major sectors, except apparel, and leather and leather goods, performed negatively due to the economic headwinds across the world.

In the last eight months, the ready-made garment sector earned $31.36 billion, which was 14.06 per cent higher year-on-year, and the leather and leather goods sector earned $832 million, posting a 6.04 per cent year-on-year growth.

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