Home Bangla Recent Export sees 33.41% growth in the first 9 months of FY22

Export sees 33.41% growth in the first 9 months of FY22

The country had previously roped in $28.93 billion in the same period of FY21

Bangladesh’s export receipts registered a 33.41% year-on-year (YoY) growth to $38.6 billion in the first nine months (July-March) of the ongoing fiscal year 2021-22.

The latest Export Promotion Bureau (EPB) data shows that the country had previously roped in $28.93 billion in the same period of FY21.

Meanwhile, the country also saw $4.76 billion in export earnings in March— a 54.82% YoY growth. 

The figure was also 34% more than the targeted earnings. 

The apparel sector, the highest earner from export receipts, registered a YoY growth of 33.81% to $31.42 billion. 

In FY21, the sector had brought in $23.49 billion.

Among apparel products, knitwear registered a growth of 35.29% to $17.11 billion, while woven garments saw a growth of 32.07% to $14.3 billion, the data also shows.

Home textiles, a new player in the export basket, registered a growth of 36.79% to $1.16 billion in the first nine months of FY22.

Among other notable sectors, during the same period, agricultural products registered a growth of 28.35% to $958.46 million, from $746.72 million in the last fiscal year.

Leather and leather goods registered a growth of 30.95% to $896.8 million, which was $684.84 million in the same period of the last FY.

Engineering products, another promising export sector of the country, marked a growth of 58.09% to $603.33 million from $381.63 million last year.

However, similar to past months, jute and jute products registered a fall of 6.97% to $887.06 million, which was $953.67 million in the same period of the last FY.

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