Despite having a double-digit export target, Bangladesh’s export earnings have risen by nearly 4% in July-April period of the current fiscal year. In attaining the government target of $50 billion export by 2021, Bangladesh has to register a double-digit growth while RMG sector over 12% growth in export earnings. Export-oriented sector people opined that overall export earnings have shown a single-digit growth due to slower growth in export earnings of apparel sector. The $28 billion clothing industry contributes about 82% to the overall export earnings of the country. On the other hand, export earnings in April rose by 3.49% to $2.77 billion, which was $2.68 billion a year ago.

Source: Dhaka Tribune May 07, 2017 17:37 UTC