• Wednesday, Feb 19, 2020
  • Last Update : 03:58 pm

Bangladesh exports earnings rise by 2.89%

  • Published at 04:13 pm January 5th, 2020
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File photo of Chittagong Port Md Manik/Dhaka Tribune

Bangladesh earned $3.52 billion in December, 2019 which was $3.43 billion in December, 2018

Bangladesh exports earnings have risen by 2.89% to $3.52 billion in last December, breaking the negative growth for the fourth consecutive months.

According to Export Promotion Bureau data, Bangladesh earned $3.52 billion in December, 2019, up by 2.89%, which was $3.43 billion in December, 2018.

In November, 2019, the country’s export earnings have declined by 10.70% to $3.05 billion for the fourth consecutive month compared to the corresponding period of 2018.

However, Bangladesh’s exports earning during July-December of the current fiscal year have registered a 5.84% negative growth to $19.30 billion, which was $20.50 billion in the same period of the previous fiscal year.

The apparel sector, which accounts for 84.21% of total exports, witnessed a 6.21% decline to $16.02 billion in the first half of the current fiscal year, which was $17.08 billion in the same period in 2018.

As per the data, knitwear products earned $8.20 billion, down by 5.126%, which was $8.65 billion the previous year.

Woven goods fetched $7.82 billion, posting a 7.28% fall against $8.43 billion logged in the same period in 2018.