Desk Report: Export Promotion Bureau (EPB) has released the export information of Bangladesh for July- December Of FY2022-23.As per the statistics, apparel industry, which leads exports in Bangladesh, fared well in December. Over the last six months, garment exports have increased 15.56 percent to about $23 billion from a year earlier. Knitwear accounted for $12.67 billion, growing 13.42 percent, and woven garments accounted for $10.34 billion, an 18.29 percent increase year-on-year.
The export earnings from the ready-made garments increased 15.35% year-on-year in December from $4.04 billion in December 2021 to $4.67 billion 2022 December.
The other significant exports in the first six months of the year included leather and leather goods, which fetched $637.2 million, growing 13 percent year-on-year.
Exports of jute and jute products fell 17.65 percent to $485.88 million in the July-December period from a year earlier. Agricultural exports also fell 23.26 percent year-on-year to $501.91 million.
Many garment exporters have described the new level of exports as a “miracle”. Garment factory owners say they are seeing hope because exports hit highs in the past two months despite a slowdown in purchase orders from global retailers.
Also Read: RMG export increased by 35.36% to $4.37 bn in November
