Tuesday, February 11, 2025
spot_img
spot_imgspot_img
HomeNews & ViewsTextile & ApparelA sharp growth in Bangladesh’s export to Chile

A sharp growth in Bangladesh’s export to Chile

bangladesh-export-to-chile

As the South American nation granted duty-free market access to Bangladeshi goods, Bangladesh’s export to Chile observed a sharp growth. As per Export Promotion Bureau, Bangladesh’s exports to Chile rose by 33.32 per cent in FY 2017-18. This was reflected in the country’s export earnings in the fiscal year 2014-15, of only $36.93 million.

Total earnings from exports to Chile grew to $86.28 million, of which $78.93m were accountable to the readymade garments (RMG) sector. Export earnings to Chile in the first quarter of the current fiscal year increased by 50.45 per cent from the same period last year, to $41.44m.

Bangladesh has been enjoying duty-free and quota-free market access in Chile since January 2015. The move followed a February 2014 meeting in Dhaka of Commerce Minister Tofail Ahmed with the Chilean ambassador, Cristian Barros.

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

spot_img

Upcoming Events

 

Simillar News

Recent Random

Urmi Group Honored with Sustainability Award by GCNB

Urmi Group has been awarded a prestigious certificate by the Global Compact Network Bangladesh (GCNB) in recognition of its outstanding commitment to sustainability and...

Oerlikon Manmade Fibers Solutions hosted successful Technology Day 2025 in India

Oerlikon Manmade Fibers Solutions recently hosted its highly anticipated Innovation and Technology Day at the Deltin Hotel in Daman by the end of January...

Hult Prize Idea Battle Begins at Textile Engineering College, Noakhali: The Final Showdown Awaits!

For the third consecutive time, Textile Engineering College, Noakhali (TECN) is hosting the prestigious Hult Prize On-Campus Round 2025—one of the world’s largest social...