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September exports dip 6.25% to $3.9bn

Insiders blamed this on higher inflation and concerns of recession in the major export destinations

Update : 02 Oct 2022, 04:38 PM

Bangladesh's export earnings witnessed a negative 6.25% growth year-on-year in September, despite over 14% growth a month ago.

The earnings were $4.16 billion in the same month last year.

Insiders blamed this on higher inflation and concerns of recession in the major export destinations owing to the prolonged Russia-Ukraine war.

Despite the decline, overall earnings from shipment were 13.3% higher to $12.49 billion in the July-September quarter of the current FY23, according to the Export Promotion Bureau (EPB.)

More to follow...

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