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Exports off to a good start

Release Date: August 15, 2018

 

 

Exports started fiscal 2018-19 on a bright note, fetching $3.58 billion in July, which is 19.73 percent more than a year earlier.

July's receipts, which beat the strategic target of $3.35 billion set for the month, are an increase of 22.18 percent from a month earlier, according to data from the Export Promotion Bureau.

Of the sum, apparel alone brought $3.01 billion, up 21.72 percent year-on-year.

Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017 and consolidated its position, according to data from the World Trade Organisation. Its share of global apparel market is 6.5 percent, up from 6.4 percent in 2016.

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Source From: The Daily Star

 

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