DHAKA: 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 U.S. dollars, an official said Tuesday. The Export Promotion Bureau (EPB) official told Xinhua that Bangladesh earned a total of 31,790 million U.S. dollars from exports during July-May, compared to 30,664 million U.S. dollars in the same period of the previous year. He said Bangladesh shipped goods worth 3.06 billion U.S. dollars 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 U.S. dollars 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 U.S. dollars, including 30.37 billion U.S. dollars from ready-made garment products, the EPB data showed. In the July-May period, according to the official, Bangladesh earned 25.62 billion U.S. dollars from garment exports with knitted items such as T-shirts and woven items such as jeans rising about 2 percent.
