January 4, 2022
1 min read

B’desh’s exports hit a record $25bn

With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago….reports Asian Lite News

Bangladesh’s total exports in the first half of the current 2021-22 fiscal year (July 2021-June 2022) reached nearly $25 billion, up 28.41 per cent year on year, according to the latest official data on Tuesday.

The Export Promotion Bureau (EPB) data posted on its website showed that Bangladesh earned $24,698.55 million from exports in the July-December period, compared to $19,233.45 million a year earlier, reports Xinhua news agency.

Of the total earnings, the EPB data showed the country’s income from ready-made knitwear and woven garment items surged 28.02 per cent to $19.90 billion during the cited period.

In the first half of the current 2021-22 year, the EPB data showed knitwear garment export growth increased 30.91 per cent to $11.16 billion, while woven garments rose 24.50 per cent to $8.74 billion, compared with the same period of last fiscal year.

With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago.

Bangladesh set its export target in 2021-22 fiscal year at $43.50 billion, including $35.14 billion from ready-made garment products, which usually account for about 85 per cent of the national shipment in a year.

ALSO READ: Ebadot-inspired Bangladesh sniffs big win

Previous Story

Imran’s party concealed its foreign accounts

Next Story

US sets global record of over 1 million daily Covid-19 cases

Latest from -Top News

India Calls Out Pakistan’s War Crimes

During the Bangladesh Liberation War in 1971, Pakistan’s Army and its allies in what was then known as East Pakistan, raped as many as 4,00,000 women in an orchestrated campaign…write Arul Louis

Wang Yi Meets PM Modi

Chinese Foreign Minister Wang Yi on Tuesday met Prime Minister Narendra Modi in New Delhi, delivering President Xi Jinping’s message and invitation for the upcoming SCO Summit in Tianjin….reports Asian Lite News

India, UAE Boost Naval Ties

Both nations have stepped up naval cooperation in recent years, including bilateral exercises, port calls, and information-sharing mechanisms….reports Asian Lite News In a major push to maritime diplomacy, UAE Naval Forces Commander

Jaishankar Co-Chairs Key Russia Talks

The session, aimed at further deepening bilateral relations, is a key engagement in his ongoing three-day official visit to Russia…reports Asian Lite News External Affairs Minister S. Jaishankar will co-chair the 26th
Go toTop

Don't Miss

Bangladesh Islamists in Beijing

The Islamist leaders’ visit to Beijing comes at a time

Bangladesh in dark after national grid failure

Engineers of both BPDB and Power Grid Company of Bangladesh