Nov exports up 13.73pc
The remarkable growth is attributed to moderate performance of knitwear, woven garment, jute and jute-made goods,
agricultural and leather products
UNB
Countrys export earnings in this November registered a healthy growth of 13.73 per cent totalling US$ 2,749.34 million against $ 2,417.43 million fetched during the corresponding period last year, reports UNB.
The remarkable growth is attributed to moderate performance of knitwear, woven garment, jute and jute-made goods, agricultural and leather products.
The single-month export performance was also 16.70 per cent higher than the strategic target of $ 2,356 million.
According to data released by the Export Promotion Bureau (EPB) yesterday, export earnings in the first five months (July-Nov) showed a moderate growth of 6.71 per cent totalling $ 12,879.83 million, which was a mere 0.01 per cent higher than the strategic target of $ 12,879 million.Export earnings during the July-November period of the last fiscal year totalled
$ 12,070.08 million, according to EPB statistics.
The total export earnings during the last fiscal (FY15) stood at $ 31,208.94 million.
According to the EPB figures for July-November period of the current fiscal, knitwear export maintained its positive trend fetching $ 5,236.73 million, which showed 4.78 per cent growth over the same period of the last fiscal while woven garment accounted for $ 5,226.03 million having a growth of 11.35 per cent.
During the five-month period, export of home textiles totaled $ 276.73 million with a fall of 7.33 per cent; leather footwear exports fetched $ 202.07 million, primary commodities $ 445.22 million; frozen foods, including frozen fish, shrimps and others $ 229.45 million; and agricultural products $ 215.77 million.
The export of engineering equipment registered a whopping 441.58 per cent growth during the period fetching $ 120.61 million, followed by export of petroleum by products with 414.23 per cent growth ($ 125.73 million).
Of the other major performing commodities, fruit exports totaled $ 15.48 million with a negative 41.58 growth of per cent; cement, salt and stone $ 0.93 million; while tea export accounted for $ 0.80 million with a negative growth of 46.67 per cent.
The export trend for leather products except leather and plastic products maintained their upward trend during the July-November period of the current fiscal.
Leather exports totaled $ 109.85 million, while leather products $ 145.71 million with an eye-catching growth of 65.92 per cent; cotton and cotton products together earned $ 40.58 million; plastic products $ 37.15 million; and rubber $ 8.99 million.
The export of jute and jute goods maintained their positive trend during the July-November period of the current fiscal fetching $ 358.60 million, registering 2.86 per cent growth. Raw jute exports fetched $ 73.61 million with 70.35 per cent rise; while jute yarn and twine accounted for $ 206.18 million and other items some $ 28.49 million.
Jute sacks and bags showed a fall of 26.48 per cent during the period as exports totalled $ 50.32 million.
Export of engineering products, including iron and steel, bicycle and electronic products earned almost $ 234.34 million.
The export of manmade filaments and staple fibres totaled $ 43.48 million while the export of ships, boats and floating structures fetched $ 0.85 million with a whopping fall of 75.15 per cent.
The export of handicrafts totalled $ 3.62 million; paper and paper products $ 16.94 million; furniture $ 12.18 million; chemical products $ 49.40 million, including pharmaceuticals $ 34.53 million, while ores, slag and ash brought $ 2.94 million.
Specialised textiles, including terry towel, showed a positive growth of 12.88 per cent, earning $ 43.29 million during the July-November period of the current fiscal while export of computer services totalled $ 49.48 million.
