The country's export earnings maintained its positive trend posting a 6.53 percent growth during the first four months (July-October) of the current fiscal year (FY17) totalling $ 10,791.65 million.
The four-month export figure is, however, 6.84 percent lower than the strategic target of $ 11,584 million.
The export earnings during the July-October period of the last fiscal year were $ 10,130.49 million, according to the latest statistics of the Export Promotion Bureau (EPB).
The EPB figures showed that the single-month export earnings notched a 14.39 percent growth in October this year totalling $ 2,712.83 million compared to $ 2,371.50 million fetched in October last year.
The single-month export earning is also 2.84 percent higher than the strategic target of $ 2,638 million.
The export target for the current fiscal (FY17) was earlier set at $ 37000 million.
According to the EPB statistics, knitwear continued to fetch the bulk of the earnings during the July-October period with $ 4,535.14 million, representing a good 8.75 percent growth over the same period (July-Oct) last year while woven garments earned $ 4,286.30 million, a slight growth of 5.37 percent.
Export of home textiles totalled $ 216.66 million with a fall of 1.55 percent; leather footwear exports earned $ 191.33 million; primary commodities $ 365.64 million; frozen and live fish $ 196.61 million while shrimps $ 179.52 million; and agricultural products $ 169.03 million.
The export trend for leather products and plastic products except leather maintained their upward trend during the period. Leather exports totalled $ 90.49 million while leather products $ 146.69 million; cotton and cotton products together earned $ 32.42 million; plastic products $49.18 million; while rubber exports is still in the negative trend to total only $5.15 million.
During the four-month period, export of chemical fertiliser notched a whooping growth of 28,050 percent cashing $ 5.63 million followed by wool and woolen products with a staggering 1200 percent growth earning $0.13 million followed export of cement, salt and stone with 221.13 percent growth totaling $2.28 million.
The exports of jute and jute goods in July-October totalled $ 296.26 million, registering a 4.15 percent growth. Raw jute exports fetched $ 68.16 million with 1.23 percent decline; jute yarn and twine $ 167.52 million; jute sacks and bags $ 44.05 million; and other items brought in some $ 16.53 million.
Engineering products including iron and steel, bicycle and electronic products fetched almost $ 120.10 million. Export of manmade filaments and staple fibers totaled $ 31.06 million while other manufactured products earned $ 50.95 million.
Among the other items, export of handicrafts totalled $4.37 million; paper and paper products $ 19.50 million; furniture $11.91 million; chemical products $ 43.20 million; pharmaceuticals $27.44 million; and ores, slag and ash $1.43 million.
Specialised textiles including terry towel, special woven fabric and knitted fabrics marked a negative growth of 10.48 percent earning $ 30.65 million in July-October period.
No comments:
Post a Comment