Bangladesh's exports go up

By Indo Asian News Service | Monday, August 12, 2013 | 3:12:04 PM IST (+05:30 GMT) Comment 0 Comment

Dhaka, Aug 12 (IANS) Driven by ready-made garments, Bangladesh's exports in the first month of the current 2012-13 fiscal surged 24 percent to over $3 billion, an official said Monday.

Dhaka, Aug 12 (IANS) Driven by ready-made garments, Bangladesh's exports in the first month of the current 2012-13 fiscal surged 24 percent to over $3 billion, an official said Monday.

"Export performance for July was $3,024 million, around 24 percent higher than that in the same month a year ago," the Export Promotion Bureau (EPB) official told Xinhua.

Bangladesh's July export earnings were also 12.17 percent higher than the $2,696.2 million target set for last month.

Of the total earnings, the official said the country's income from ready-made garments stood at about $2.51 billion.

The EPB data showed export of knitwear garments grew 25.24 percent to $1.253 billion while woven garments increased 27.02 percent to $1.262 billion, compared with the same period of last fiscal year.

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