January 4, 2022
1 min read

B’desh’s exports hit a record $25bn

With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago….reports Asian Lite News

Bangladesh’s total exports in the first half of the current 2021-22 fiscal year (July 2021-June 2022) reached nearly $25 billion, up 28.41 per cent year on year, according to the latest official data on Tuesday.

The Export Promotion Bureau (EPB) data posted on its website showed that Bangladesh earned $24,698.55 million from exports in the July-December period, compared to $19,233.45 million a year earlier, reports Xinhua news agency.

Of the total earnings, the EPB data showed the country’s income from ready-made knitwear and woven garment items surged 28.02 per cent to $19.90 billion during the cited period.

In the first half of the current 2021-22 year, the EPB data showed knitwear garment export growth increased 30.91 per cent to $11.16 billion, while woven garments rose 24.50 per cent to $8.74 billion, compared with the same period of last fiscal year.

With hefty growth in garment exports, Bangladesh shipped goods worth $4.91 billion in December, which was 48.27 per cent higher than the same month a year ago.

Bangladesh set its export target in 2021-22 fiscal year at $43.50 billion, including $35.14 billion from ready-made garment products, which usually account for about 85 per cent of the national shipment in a year.

ALSO READ: Ebadot-inspired Bangladesh sniffs big win

Previous Story

Imran’s party concealed its foreign accounts

Next Story

Atul Keshap appointed head of US-India Business Council

Latest from -Top News

‘Viksit Bharat’: Modi Seeks Diaspora Support

Modi appealed to the diaspora to visit the amazing tourist destinations located in small towns…reports Asian Lite News Spotlighting the country’s march towards becoming a ‘Viksit Bharat’, Prime Minister Narendra Modi on

Saudi Tightens Entry Rules for Pakistanis

Pakistan, along with Afghanistan, remains one of the last two polio-endemic countries in the world…reports Asian Lite News A polio vaccination certificate has been made mandatory for Pakistani citizens travelling to Saudi

Indian Americans Win Key Seats In Virginia

Kannan Srinivasan and J.J. Singh secure pivotal victories in Virginia’s special elections, helping Democrats maintain control amid rising Republican momentum. Two Indian Americans, Kannan Srinivasan and J.J. Singh, emerged victorious in Virginia’s

India, Maldives Deepen Defence Ties In High-Level Talks

Strengthening Neighbourhood Bonds: India and Maldives Chart a Path for Shared Security and Growth In a delegation-level meeting with his Maldivian counterpart, Defence Minister Rajnath Singh underscored India’s commitment to bolstering ties
Go toTop

Don't Miss

Amnesty calls for probe into suspected Awami League workers 

It said that attacking someone over their political beliefs is

CWS 22: India beat Bangladesh by 110 runs

Not to forget that the Mithali Raj-led India will also