NN Online:
Bangladesh exported goods worth $4.43 billion in January 2025, reflecting a 5.7 per cent growth compared to the same period last year.
Furthermore, during the first seven months (July-January) of the current fiscal year 2024-25, goods valued at $28 billion were exported, reflecting an 11.68 per cent increase over the same period of the previous fiscal year. In FY 2023-24, exports during this period stood at $25 billion.
The Export Promotion Bureau (EPB) released the export performance statistics for the period of July-January 2024-25 on Monday. The latest data highlights a strong upward trend, demonstrating the resilience and competitiveness of Bangladesh’s export sector.
Most sectors experienced positive growth during the first seven months of the fiscal year. Exports in the readymade garment sector rose by 12 per cent, with knitwear up by 12 per cent and woven garments by 11.97 per cent. Readymade garments accounted for $23.5 billion in exports during this period.
Other major export sectors, including leather and leather goods, agricultural products, home textiles, frozen fish, and plastic products, also saw positive growth, reinforcing Bangladesh’s strong position in global markets.
The export target for FY 2024-25 has been set at $50 billion, representing a projected growth of 12.44 per cent over the previous fiscal year.
This ambitious goal reflects the nation’s commitment to expanding its global trade footprint and strengthening its position in the international marketplace, as stated by the EPB in an official remark on exports.
