Export earnings fetch record US$52.082bln in last fiscal

Export earnings of the country has fetched a record height of US$52.082 billion in the last fiscal year (FY22) despite the unstable global economic situation mainly caused by the impacts of the COVID-19 pandemic and other global issues.

According to the latest statistics of the Export Promotion Bureau (EPB), the country's export earnings witnessed an eye-catching growth of 34.38 percent in the last fiscal year (FY22) bagging US$52082.66 million exceeding the strategic export target of $43500 million.

The export earnings in the previous fiscal year (FY21) were 38758.31 million.

The EPB figures revealed that out of the total export earnings of $52082.66 million registered in the last fiscal year (FY23), the bulk of $42613.15 million came from the RMG exports.

Out of that volume, the highest $23214.32 million came from knitwear exports while the second-highest $19398.84 million came from woven garment export.

Besides, in the last fiscal year, the country also bagged $1695.19 million from the export of primary commodities, $1245.18 from the export of leather and leather products, and $1127.63 million from the export of jute and jute-made goods.

The single-month export earnings in last June also witnessed a staggering 37.19 percent growth grabbing $4908.03 million against $3577.49 million fetched in FY21.

Source: BSS