Thirty-one missions out of 57 Bangladesh missions abroad have failed to achieve their respective export target in the first quarter (July-September) period of the current fiscal year (FY18).
The key Bangladesh missions like the ones in Canberra, Ottawa, Tehran, London, Madrid, Washington, New York, Brasilia, Athens, Mexico City, The Hague, have achieved their July-September export targets while some other important missions -- Berlin, Yangon, Singapore, New Delhi, Kualalampur, Paris, Moscow, Manila, Jakarta, Lisbon, Vienna, Thimphu, Rabat, Hanoi, Katmandu, Islamabad, Riyadh, Colombo, Beijing, Dubai, Geneva, -- have failed to reach their three-month export target.
The overall export earnings for the July-September month period of FY18 amounted to $8,662.73 million against the strategic target of $8,916 million, showing a slight fall of 2.84 percent over the strategic target.
Of the 57 Bangladesh missions, some 26 missions met their respective export targets set for the July-September period of the current fiscal year, according to the latest statistics provided by the Export Promotion Bureau (EPB), reports UNB.
The 26 well-performing missions abroad are in Canberra, Ottawa, Tehran, London, Madrid, Washington, Athens, Brasilia, Hong Kong, Nairobi, Kuwait, Boirut, Amman, Male, Port Lues, Mexico City, The Hague, Muscat, Manama, Cairo, Seoul, Tripoli, Doha, Pretoria, Tashkent and New York.
Of the 31 missions that could not achieve their targets for July-September, exports still marked a rise for 21 Missions-- Berlin, Yangon, Singapore, New Delhi, Kualalampur, Paris, Moscow, Manila, Lisbon, Jakarta, Bagdad, Rome, Warsaw, Stockholm, Thimphu, Hanoi, Rabat, Katmandu, Islamabad, Riyadh and Colombo -- over the corresponding period of the previous fiscal.
The export growth of the remaining 10 Missions -- Brussels, Tokyo, Beijing, Dubai, Geneva, Vienna, Copenhagen, Darussalam, Bangkok and Ankara - -is lower than that of the corresponding period of the previous Year (July-September 2016-17).
The EPB figures revealed that out of the 18 Bangladesh missions having commercial wings, only six have achieved their export targets while 12 others could not achieve their respective targets.
The six missions with commercial wings, which achieved their respective export target, are Canberra, Ottawa, Tehran, London, Madrid and Washington.
Although the remaining 12 commercial wings could not achieve the July-September export target, the earnings of 7 Commercial Wings -- Berlin, Yangon, Singapore, New Delhi, Kualalampur, Paris and Moscow -- are higher than that of the corresponding period of the previous fiscal year.
The export growth of the remaining 5 Commercial Wings -- Brussels, Tokyo, Beijing, Dubai and Geneva -- is lower than that of the corresponding period of the previous Year.
The highest earnings over the July-September month period, some $ 1516.18 million, almost one fifth of the total exports were registered by the Berlin mission, followed by some $1467.08 million by the Washington mission, and London $1076.79 million.
The strong showing from EU member states continued with the Madrid mission fetching $613.51 million during the July-September period of this fiscal year. The next was the Bangladesh mission in Italy, which earned almost $374.37 million, followed by missions in Ottawa and The Hague, with approximately $284.25 million and $322.98 million respectively. The New Delhi mission managed to fetch only $154.88 million.