SHIPMENTS: Garment exports bounced back in August, as earnings grew 3.17 percent year-on-year to $2.28 billion, according to data from the Export Promotion Bureau. Exports from the sector started increasing in April thanks to an end to prolonged political unrest.
In July, exporters earned $2.21 billion, a drop by 11.96 percent year-on-year. In the July-August period, exports from the sector grew 6.15 percent year-on-year to $4.50 billion.
Overall export earnings in August grew 27.73 percent year-on-year to $2.75 billion, which is 8.43 percent higher from the monthly target of $2.54 billion.
The country fetched $5.38 billion in July-August of the current fiscal year which is 4.71 percent higher from the earnings of the same period last year.
Exports of jute and jute goods were worth $133.39 million, home textile $103.34 million and leather and leather goods $196.63 million in the July-August period.
