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Export earning grows 60.37pc

  • Staff Correspondent
  • 3 November, 2021 12:00 AM
  • Print news
Export earning grows 60.37pc

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The country’s export earnings surged to a record high of $4.72 billion in October with 60.37 percent year-on-year growth amid the corona pandemic buoyed by bullish RMG exports. 

The earnings are 36.47 percent higher than projected volume, according to data released by Export Promotion Bureau (EPB) on Tuesday. Garment exports that account for more than 80 per cent of the nation’s shipments grew 20.78 per cent year-on-year to $12.62 billion   in the July-October period. Earlier in September, exports set the previous record in September, rising 37.99 per cent year-on-year to $4.16 billion.

The government has set an export earning target of $41 billion from goods in the current fiscal year (FY21).