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Bangladesh exports fall 4.5% in February, 9% below the target

byCT Report
08/03/2017
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DHAKA: Bangladesh’s exports in February fell 4.5 percent from a year earlier to $2.7 billion, the Export Promotion Bureau said on Wednesday, 9 percent below the government’s monthly target.

For July-February, the first eight months of the country’s 2016-17 financial year, exports rose 3.2 percent to $22.8 billion from a year earlier, the bureau said.

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Shipments of readymade garments, comprising knitwear and woven items, totalled $18.6 billion in July-February, up 2.8 percent from a year earlier.

Exports in the last financial year that ended in June 2016 hit a record $34.24 billion, up 9.7 percent from the previous year, on the back of stronger garment sales.

 

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