Bangladesh May exports up 6.5 pct y/y on garment sales
2016-06-16 10:10:54 / Dhaka Int'l Textile& Apparel Accessories Exhibition
Bangladesh's exports in May rose 6.5 percent from a year earlier to $3.03 billion on stronger garment sales, official data showed on Wednesday.
Exports for July to May, the first 11 months of the country's 2015-16 financial year, rose 8.9 percent from a year earlier to $30.7 billion, the Export Promotion Bureau said.
Sales of garments, comprising knitwear and woven items, totalled $25.1 billion in July-May, up 9.4 percent from a year earlier.
Garments are a key foreign-exchange earner for the South Asian nation of 160 million, whose low wages and trade deals with western markets have helped make it the world's second-largest apparel exporter after China. (Reporting by Ruma Paul; Editing by Biju Dwarakanath)
Cited From: REUTERS
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