Syed Zakir Hossain/Dhaka TribuneEarnings hit $520m, against $3.03b in April, last yearExport earnings saw a shocking fall of 83% last month, as the merchandise export fetched only $520 million in the month against $3.03 billion in the same month of last year. “During this one month period of time 26 March to 26 April, our factories could barely operate due to lockdown to stop spread coronavirus. By far RMG had been the hardest hit sector, added Faisal. “Major exports destinations such as US, UK, Italy, Spain, Germany of Bangladesh saw the worst case,” he said. Among the major sector, leather and leather goods exports saw a 16.26% fall to $700 million during July-April of FY20, which was $837 million a year ago, while home textile exports fall by 14.19% to $621 million.

Source: Dhaka Tribune May 07, 2020 14:37 UTC