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Bangladesh exports dip by 2.49% in March

By IANS | Updated: April 3, 2023 03:20 IST

Dhaka, April 3 Bangladesh's exports fell to $4.64 billion in March, down 2.49 per cent from the same ...

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Dhaka, April 3 Bangladesh's exports fell to $4.64 billion in March, down 2.49 per cent from the same month a year earlier and 7.5 per cent below target, government data showed.

But for July-March, the first three quarters of the 2022-23 financial year (July 2022-June 2023), exports rose 8.07 per cent to $41.72 billion, according to data released by the Export Promotion Bureau (EPB) under the Ministry of Commerce on Sunday.

The overall growth was largely attributed to the demand for ready-made garments. The EPB said shipments of ready-made garments, comprising knitwear and woven items, totalled $35.25 billion in July-March, up 12.17 per cent, Xinhua news agency reported.

Bangladesh saw exports soar more than 34 per cent to $52.08 billion in the 2021-22 fiscal year, official data showed.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Export Promotion BureaubangladeshdhakaMinistry Of CommerceTextile ministryChinese foreign minister and statePakistan ministry of commerceChinese ministry of commerceChinese minister of financeChinese commerce
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