Oct 9, V7N- Bangladesh's export earnings saw a positive trend in September 2024, growing by 6.78% to reach $3.51 billion, a significant increase of $220 million from $3.29 billion in September 2023.
The data, presented by EPB Vice Chairman Anwar Hossain during a press conference, indicates that for the first quarter of the fiscal year 2024-25 (July to September), total export earnings amounted to $11.37 billion, marking a 5.04% growth from $10.82 billion in the same period of the previous fiscal year.
The ready-made garment (RMG) sector continued to dominate exports, bringing in $9.29 billion with a growth rate of 5.34%. Within this, knitwear exports reached $5.22 billion, a growth of 5.72%, while woven garments accounted for $4.07 billion, reflecting a 4.85% growth.
Specifically for September 2024, apparel exports stood at $2.78 billion, representing a 6% increase compared to September 2023.
This upward trend in export earnings suggests a robust performance in key sectors, especially in the RMG industry, which remains a vital component of Bangladesh's economy. The EPB also plans to provide detailed monthly analyses of export earnings moving forward, which could enhance transparency and strategic planning for future growth.
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