Export earnings grow 6.41pc in July-April


FE Online Report | Published: May 10, 2018 14:12:25 | Updated: May 10, 2018 21:03:19


Export earnings grow 6.41pc in July-April

The country's export earnings maintained a moderate growth of 6.41 per cent during the first ten months of the current fiscal year (FY), 2017-18.

The export earnings stood at US$30.40 billion during the July-April period of FY 18, which was $28.57 billion in the corresponding period of the last fiscal, 2016-17, according to official data released on Thursday.

The single month earnings in April 2018 grew by 7.11 per cent to $2.95 billion, which was $2.75 billion in April of the last calendar year.

Earnings from readymade garments (RMG) export during the period stood at $25.30 billion, marking a 9.37 per cent growth over the corresponding period of the FY 2016-17.

Export earnings from the woven grew by 7.42 per cent to $12.76 billion in the same period of the current fiscal.

The knitwear export stood at $12.54 billion during the period, marking an 11.43 per cent growth during the period of the FY18.

Export earnings from jute and jute goods in the first ten months of the current fiscal increased by 7.66 per cent to $889.74 million from $826.46 million.

Agricultural products registered a 16.77 per cent growth with earnings of $543.18 million in the same period of the FY18.

Export earnings from home textile during the period grew by 13.07 per cent to $751.67 million.

Leather and leather product exports witnessed a negative growth of 10.02 per cent to $916.74 million compared with that of $1.01 billion in the same period of the FY17.

Leather footwear export, however, increased by 6.60 per cent to $460.14 million during the period.

Exports of frozen and live fish stood at $ 434.97 million, marking a 2.32 per cent growth during the July-April period of current fiscal year.

munni_fe@yahoo.com

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