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Bangladesh earns $31.79 billion from exports in 11 months of FY 2016-17

Staff Writer | June 7, 2017
Bangladesh's total goods export income in the first 11 months of the current fiscal year ending this month surged 3.67 percent year on year to 31.79 billion, an official said Tuesday.
Bangladesh street food
Asia   The Export Promotion Bureau
The Export Promotion Bureau (EPB) official told Xinhua that Bangladesh earned a total of $31,790 million from exports during July-May, compared to $30,664 million in the same period of the previous year.

He said Bangladesh shipped goods worth $3.06 billion in May, the 11th month of the current fiscal year 2016-17 (July 2016-June 2017), which was about 1.39 percent higher than the same month a year ago.

The export income, however, fell short of the target of $33.35 billion for the July-May period by 4.68 percent, said the official who preferred to be unnamed.

Bangladesh set its export target in 2016-17 fiscal year at $37 billion, including $30.37 billion from ready-made garment products, the EPB data showed.

In the July-May period, according to the official, Bangladesh earned $25.62 billion from garment exports with knitted items such as T-shirts and woven items such as jeans rising about 2 percent.