The country’s export receipts fell short of target by 3.73 per cent during the July-October period in the current fiscal year despite having a nearly 5.0 per cent growth over the period of last fiscal. The country fetched about US$ 10.13 billion by exporting merchandise products in four months of the current fiscal year (FY) 2015-16 against the strategic target of $10.52 billion set for the period, according to official figures. According to the Export Promotion Bureau (EPB) data, the total export earnings were recorded at $9.65 billion during the July-October period of FY 2014-15. However, the export earnings for the month of October 2015 posted a 21.15 per cent rise over the same month of 2014. Of the total earnings, exports of woven garments fetched $4067.94 million in the first four months of FY ’16, reflecting a 10.12 per cent rise over the matching period of last fiscal. Exports short of target in four months However, export receipts from woven garments during the last July-October period were 8.19 per cent less than the strategic target, the EPB figures showed. The earnings from shipment of knitwear items rose by 2.76 per cent to $ 4170.42 million in the first four months of the current fiscal over the corresponding period of FY’15. The earnings from knitwear products during the last July-October period were slightly up from the strategic target set earlier by the government, according to the EPB data. On the other hand, earnings from export of home textile in the first four months of this fiscal also declined by 6.62 per cent to $220.08 million compared to $235.69 million during the same period of last fiscal. Among major exportable products, jute and jute goods fetched $284.46 million during the July-October period of this fiscal, a 9.11 per cent up from that of the corresponding period of last fiscal. Besides, export receipts from jute and jute goods during the last July-October period fell short of target by 4.37 per cent, according to the EPB figures. On the other hand, earnings from shipment of frozen food and live fish dropped by 26.16 per cent to $350.14 million in the first four months of this fiscal over the matching period of last fiscal. Besides, exports earnings from agricultural products during the last July-October period declined by 25.67 per cent to $171.31 million compared to the same period of last fiscal.
