Desk Report: The Export Promotion Bureau (EPB) has released the latest export statistics for July- February in FY2022-23. During this period, our overall apparel export increased by 14.06% to 31.36 Billion dollars from 27.50 billion dollars in FY 2022-23. The knitwear items export reached 17.06 billion dollars, while woven items become 14.30 billion dollars, both registering 13.21% and 15.08% growth respectively. So our growth in the woven sector is comparatively higher than the knitwear.
If we consider the single month, in February 2023 our export earning was 3.94 billion dollars with 12.31% growth compared to the same month in 2022. Though we were maintaining over 4 billion dollars in export earnings for the last few months, we were saying at the same time that orders are decreasing and thus we can see that the total export came to under 4 billion after 3 last months.
BGMEA Director Mohiuddin Rubel said, If we compare the growth in between the same month of 22 and 23 then it’s more than the same year of last month but if we just see the growth of the last month of this same year to this month of the same year then it has decreased. Because the global economic outlook indicates a slowdown in 2023 and globally the inflation hits record and now we can see the result as this whole year we are expecting to struggle too. New orders also have fallen in most of our factories though we can feel some good smell for future with new queries as well.
