Home RMG News 33 Bangladesh missions miss export target

33 Bangladesh missions miss export target

Thirty-three out of 53 Bangladesh missions abroad have failed to achieve their respective export targets for the July-April period of the current fiscal. The situation is worse for the commercial wings as only 4 out of 17 commercial wings could meet the export target set for the period. Latest data of Export Promotion Bureau (EPB) suggests that the 33 missions altogether fetched $22768.77 million in export earnings against the target of $25241.66 million for the first 10 months of the current fiscal. The shortfall has been estimated at 9.80 percent. These 33 Bangladesh missions are located in Washington, London, Madrid, Paris, Rome, The Hague, Stockholm, Tokyo, Singapore, Geneva, Tripoli, Brussels, Beijing, Muscat, Manama, Moscow, Kuala Lumpur, Berlin, Ottawa, Ankara, Seoul, Hong Kong, Jakarta, Tehran, Bangkok, Kuwait, Colombo, Amman, Doha, Port Luis, Mexico City, Hanoi and Lisbon. On the other hand, 13 out 17 commercial wings also failed to meet export targets. The commercial wings are located in Washington, London, Paris, Tokyo, Madrid, Brussels, Beijing, Moscow, Geneva, Kuala Lumpur, Berlin, Tehran and Ottawa. Data show that the 13 commercial missions bagged $17957.01 million in export income against the target of $19814.41 million for the July-April period of the current fiscal. Though the 13 commercial wings missed the export target for the July-April period of FY 15, their export income in the first 10 months of FY 15 was 2.36 percent higher than the same period last fiscal. Abdus Salam Murshedy, president of Bangladesh Exporters Association, stressed on the need for arranging more trade shows abroad for more effective promotion of Bangladeshi products abroad.

Source: https://www.daily-sun.com/printversion/details/47394/33-Bangladesh-missions-miss-export-target