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Bangladesh bagged $4.60 billion through exports in August, registering a 36.18% year-on-year (Y-o-Y) growth, according to recent data published by the Export Promotion Bureau (EPB).
At the same period last year, the country fetched $3.38 billion in export earnings.
Moreover, according to the EPB data, the country earned export earnings worth $8.59 billion in the first two months (July-August) of the current fiscal year 2022-23, registering a 25.31% Y-o-Y growth.
Bangladesh earned $6.85 billion during the same period of the last FY22, EPB data also showed.
In the first two months of FY23, the apparel sector, the highest export earners of the country, registered a Y-o-Y growth of 26.1% to $7.11 billion, which was $5.64 billion during the same period of FY22.
Among apparel products, knitwear registered a growth of 20.15% to $3.91 billion from $2.25 billion in the same period of last year, while woven garments saw a growth of 34.23% to $3.19 billion from $2.38 billion, the EPB data reported.
Home textiles, the new player in the export basket which claimed the second position in the last FY, registered a growth of 53.39% to $268.52 million, which was $175.06 million in the mentioned period of the last FY.
Among other notable sectors, during the mentioned period, agricultural products, however, registered a negative growth of 14% to $178.22 million, from $207.23 million in the last fiscal year.
Leather and leather goods registered a growth of 27.77% to $223.23 million, which was $174.71 million in the same period of the last FY, EPB data showed.
Engineering products, another promising export sector of the country, marked a growth of 40% to $99.89 million from $71.35 million last year.
Jute and jute products, which logged negative growth in all months of last FY, finally lit a light of hope registering a growth of 22.67% to $156.61 million, which was $127.67 million in the same period of last FY.
(DT)
