Thirty-four Bangladesh missions, out of total 56, failed to achieve their respective export targets for the first eight months (July-February) of the current fiscal year (2016-17), reports UNB.
The key Bangladesh missions like the ones in Washington, London, Madrid, Ottawa, Canberra, Ottawa and Tokyo could not reach their July-February export targets while some other important missions — Berlin, Beijing, Moscow, Copenhagen, Riyadh, Rome, Moscow, The Hague – had been able to reach their goals during the period.The overall export earnings in the July-February period stood at $ 22,836.26 million against the strategic target of $24,059 million, showing a fall of 5.08 per cent.Of the 56 Bangladesh missions, some 22 achieved their respective export targets set for the July-February period, according to the latest statistics provided by the Export Promotion Bureau (EPB).The 22 well-performing missions are in Berlin, Beijing, Moscow, Copenhagen, Katmandu, Athens, Colombo, Ankara, Baghdad, Bangkok, Vienna, Jakarta, Riyadh, Rome, Warsaw, Beirut, Male, Islamabad, Port Luis, The Hague, Lisbon and Tashkent.However, exports of 10 of the 34 missions that could not achieve their targets for the first eight months of the current fiscal still marked a rise over the corresponding period of the last fiscal (2015-16).These missions are in Kuala Lumpur, Paris, New Delhi, Geneva, Madrid, Brunei, Manama, Doha, Muscat and Stockholm.On the other hand, the rest 24 missions — London, Canberra, Ottawa, Yangon, Singapore, Brussels, Tokyo, Tehran, Dubai, Washington, Thimphu, Hong Kong, Cairo, Nairobi, Tripoli, Mexico City, Rabat, Pretoria, Kuwait, Brasilia, Amman, Seoul, Manila and Hanoi — saw a decline in the export during the July-February period of the current fiscal compared to the same period of the last fiscal year.The EPB figures revealed that out of the 18 Bangladesh missions having commercial wings, only three hit their export targets while 15 others could not achieve their respective targets.The three missions with commercial wings, which achieved their respective export targets, are in Berlin, Beijing and Moscow. Although the remaining 15 commercial wings could not achieve the targets, the earnings of five of them still saw an increase over the July-February period of 2015-16 fiscal year. These are in Kuala Lumpur, Paris, New Delhi, Geneva and Madrid.The export growth of the remaining 10 commercial wings (London, Canberra, Ottawa, Yangon, Singapore, Brussels, Dubai, Tokyo, Tehran and Washington) was lower than that of the corresponding period of the previous year.The highest earnings over the eight-month period, some $ 4,111.84 million, almost one fifth of the total exports, were registered by the Berlin mission followed by some $ 3,873.40 million by the Washington mission and London $ 2,399.67 million.The strong showing from EU member states continued with the Madrid mission fetching $ 1318.34 million during the July-February period. The next was the Bangladesh mission in Italy, which earned almost $ 965.54 million followed by missions in Ottawa and The Hague with approximately $ 686.50 million and $ 673.93 million respectively. The New Delhi mission managed to fetch only $ 468.26 million.
