dhaka: Country’s export earnings in October witnessed a healthy growth of 20.60 percent fetching US$4.13 billion, up by $0.71 billion from $3.42 billion of the same month of the last year.
According to Bangladesh Sangbad Sangstha, data released by the Export Promotion Bureau (EPB) showed that in the first four months of the current fiscal year 2024-25, exports grew by 10.8 percent to reach $15.79 billion, up by $1.54 billion from $14.25 billion of the same period of FY24. The apparel sector significantly contributed to these earnings with $12.81 billion.
In October, the readymade garment (RMG) sector, the country’s highest export earner, generated $3.30 billion, marking a 22.8 percent increase from $2.68 billion in the equivalent period of FY24. Of the $3.30 billion, knitwear contributed $1.86 billion, a 24.6 percent increase from $1.50 billion, while woven garments earned $1.44 billion, reflecting a 20.54 percent increase from $1.20 billion compared to the October of the last fiscal year.
Among other nota
ble sectors, agriculture products experienced positive growth of 7 percent, reaching $113.1 million, up from $105.8 million in October FY24. Meanwhile, the leather and leather goods sector saw a slight decline of 1 percent, totaling $83.2 million, compared to $84 million in October last year.