TDS Desk

Bangladesh’s exports hit $50 billion in 2024, powered by a sharp spiral in shipment in December, a positive news for the economy that has been facing several challenges including pressure on external accounts.

Exports grew 8.3 percent year-on-year.

Exporters fetched $4.62 billion last month, posting an 18 percent growth compared to the same period of the previous year.

The growth is attributed to the buoyancy in the shipment of readymade garments, the key contributor to the export basket and the major industrial sector in the South Asian economy.

December’s receipt was the highest since March last year when the country earned over $5 billion.