Bangladesh earns $5.31b from export in Dec, highest in 2023
However, year-on-year, export earnings in the month dropped by 1.06%.
Bangladesh's merchandise export earnings reached a pinnacle for the year in December at nearly $5.31 billion, as per data released by the Export Promotion Bureau (EPB) today (2 January).
However, this marked a slight decrease of 1.06% from December 2022 when export earnings were recorded at $5.36 billion.
Data from the EPB shows that Bangladesh's cumulative export earnings for the July-December period of the current fiscal year totaled $27.54 billion. This represents a modest 0.84% increase compared to the corresponding period in the preceding year.
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The textile industry, a cornerstone of Bangladesh's exports, experienced marginal growth with readymade garment exports rising by 1.72% to $23.39 billion, constituting approximately 85% of the country's total exports over the last six months.
Besides, knitwear demonstrated single-digit growth, while woven textiles have shown a decline in performance for several consecutive months.
Other major export sectors faced challenges, with products like frozen and live fish, leather and leather goods, jute and jute goods, home textiles, and footwear experiencing negative growth during the July-December period of the current fiscal year.
