Export earnings notch 17.24pc growth during July-Nov | 2018-12-05 | daily-sun.com

Export earnings notch 17.24pc growth during July-Nov

BSS     5th December, 2018 07:58:10 printer

Export earnings notch 17.24pc growth during July-Nov

The country’s export earnings maintained its positive trend with a healthy 17.24 percent growth during the first five months (July-November) period of the current fiscal year (FY19) totaling $17,073.76 million.

 

The five-month export figure is also 12.07 percent higher than the strategic target of $15,235 million.

 

During the July-November period of the last fiscal, the export earnings were $14,562.91 million, according to the latest data of the Export Promotion Bureau (EPB).

 

The EPB figures showed that the single-month export earnings notched an 11.94 percent growth in November this year totalling $3,421.98 million compared to $3,057.11 million fetched in November last year.

 

The single-month export earning is also 10.10 percent higher than the strategic target of $3,108 million.

 

The export target for the current fiscal (FY19) was earlier set at $39,000 million.

 

According to official data, knitwear continued to fetch the bulk of the earnings during the July-November period with $7,306.06 million, representing a good 17 percent growth over the same period (July-November) last year while woven garments earned $6,880.14 million, having a healthy growth of 20.33 percent.

 

Export of home textiles totalled $340.7 million with a growth of 2.92 percent while leather footwear exports earned $264.28 million, primary commodities $713.15 million including frozen and live fish $254.51 million, shrimps $189.47 million and agricultural products $458.64 million.

 

Leather and leather products fetched $434.7 million while cotton and cotton products together earned $62.43 million, plastic products $48.75 million and rubber exports $9.14 million.

 

Among the other exportable products, the export of cut flower and foliage notched a whopping 39,300 percent growth bagging $3.94 million followed by petroleum bi-products with $169.58 million having a growth of 740.75 percent, ores, slag and ash with $3.94 million securing a growth of 191.85 percent and ceramic products bagging $46.81 million witnessing a growth of 178.96 percent.


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