RMG Export Grow 9.2%
2016-04-07 09:53:28 / Dhaka Int'l Textile& Apparel Accessories Exhibition
RMG Export Grow 9.2%.
http://banglaapparel.com/
Export earnings in the July-March period of the financial year 2015-16 grew by 8.95 per cent to $24.95 billion from $22.90 billion in the same period of FY15.
Export Promotion Bureau data released shows this picture.
The data shows that the export earnings in March of FY16 grew by 9.20 per cent to $2.83 billion from $2.59 billion in the same month of FY15.
According to the EPB data, export earnings from readymade garments in the July-March period of 2015-16 grew by 9.73 per cent to $20.44 billion from $18.62 billion in the same period of 2014-15.
Experts said the export earnings growth is mostly RMG-driven and the sector would exceed its fiscal target as Bangladesh has gained the confidence of buyers through developing workplace conditions.
According to the EPB data, leather and leather products exports in the first nine months of FY16 grew by 2.77 per cent to $851.33 million from $828.36 million in the same period of FY15, while leather footwear posted a 0.06 per cent negative growth to $354.02 million in the period.
Frozen food and fish exports in the period fell by 12.99 per cent to $402.47 million from $462.53 million.
Earnings from jute and jute goods in the July-March period of FY16 fell by 1.72 per cent to $641.58 million from $652.84 in the same period of FY15.
Export earnings from pharmaceuticals in the first nine months of FY16 grew by 13.78 per cent to $61.66 million from $54.19 million in the same period of FY15, the EPB data shows.
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