Staff Correspondent:
Bangladesh’s export earnings grew by more than 11% in the first eight months (July-February) of the ongoing fiscal year of 2024-25 compared to the same period last year.
During this time, the country exported goods worth $32.93 billion, up from $29.54 billion in the corresponding period of the previous financial year.
According to data from the Customs Department of the National Board of Revenue (NBR), exports in February this year alone reached $3.9 billion, marking a 9.9% increase from $3.6 billion in February 2024.
Notably, the Export Promotion Bureau, which officially releases monthly export reports, has yet to publish figures for this month.
The data shows that ready-made garments continued to drive export growth, while exports of leather and leather products, agricultural products, home textiles, frozen fish, and plastic products also increased.
The export target for FY25 is $50 billion, reflecting a 12.44% increase from the previous year.