Bangladesh has broken the monthly exports record with $4.73 billion of goods shipped in October as the global economy shows signs of recovery from the effects of the coronavirus pandemic. October’s exports grew 60.37 per cent year-on-year, reports bdnews24.com. Exports set the previous record in September, rising 37.99 per cent year-on-year to $4.16 billion. Garment exports that account for more than 80 per cent of the nation’s shipments grew 20.78 per cent year-on-year to $12.62 billion in the July-October period. Readjusting the prices of clothes after a nearly 40 per cent hike in yarn prices contributed to growth in Bangladesh’s garment exports, according to Hatem.

Source: bd News24 November 02, 2021 18:52 UTC