Export to Europe sees moderate growth in July
UNB
Countrys export to key European destinations like Germany, the UK, Italy, France showed moderate performance during the first month (July) of the current fiscal (2017-2018) compared to the same period of the previous fiscal (2016-2017), reports UNB. During July, export to Germany, the second largest destination of Bangladesh exportable items, totalled $459.93 million, which was 15.39 per cent of the total export earnings for the period.
Of the amount, knitwear accounted for $257.04 million, woven garment $166.62 million and home textiles $5.76 million, according to latest figures released by the Export Promotion Bureau (EPB). The EPB figures showed that exports to the UK in July totalled $346.65 million, which was 11.60 per cent of the total export earnings for the one-month period. The export of woven garment to the UK during the one-month period were $153.59 million, knitwear $168.78 million, home textile export to the UK during the period was $7.38 million, and bicycles $4.91 million.
Exports to France in July reached $152.26 million, which accounted for 5.10 per cent of the total export earnings for the period.
Exports to Italy totalled $122.36 million the last July with knitwear accounting for $78.38 million, woven garment $32.07 million and leather, leather products $1.67 million and footwear with $6.30 million.
Exports to Belgium amounted to $86.26 million that included knitwear $33.83 million, woven garment $32.57 million and jute and jute made goods $1.35 million.
Export earnings from the USA, the largest market for Bangladesh goods, registered a healthy performance during this July with a robust growth of 17.94 per cent totalling $497.36 million, which was 16.65 per cent of the total export earnings for the one-month period.
The Netherlands, another big export destination for Bangladesh, imported goods form Bangladesh worth $108.05 million during the month of July.
The amount included knitwear $41.42 million, woven garment $33.22 million and footwear $12.23 million.
Among the other European, the Middle East, Far East and South Asian countries, exports to Russia fetched $34.37 million during this July while that of Japan totalled $76.39 million, Singapore $9.32 million and China $63.56 million.
Of the South Asian countries, exports to India amounted to $45.80 million during the July that included jute and jute-made goods $9.58 million and woven garment $10.13 million.
