After the pandemic began in China in late 2019, Bangladesh’s export earnings dipped to as low as $520 million in April 2020. Export earnings turned around in May, growing almost three times over the April receipts, but with a 61.56 percent year-on-year drop, when the factories began reopening with relaxed restrictions. The government has set a $48 billion export target for FY21 with a 20 percent growth. “We need to keep in mind that our export earnings had already been in a bad shape dropping every month before the pandemic. Export earnings of the pharmaceutical sector grew by 20 percent amid the pandemic while leather and leather goods posted a 10.63 percent drop.

Source: bd News24 November 02, 2020 16:52 UTC