Reuters logo
Bangladesh's exports in May rise 1.4 pct y/y
June 6, 2017 / 9:51 AM / 4 months ago

Bangladesh's exports in May rise 1.4 pct y/y

DHAKA, June 6 (Reuters) - Bangladesh’s exports rose nearly 1.4 percent in May from a year earlier to $3.07 billion, which was 8.5 percent below the target, the Export Promotion Bureau said on Tuesday.

For July-May, the first 11 months of the country’s 2016-17 financial year, exports rose 3.7 percent to $31.79 billion from a year earlier, 4.7 percent below the target.

For the full year ending on June 30, the export target is $37 billion.

Shipments of readymade garments, comprising knitwear and woven items, totalled $25.62 billion in July-May, up 2.2 percent on year.

Exports in the financial year that ended in June 2016 were a record $34.24 billion, up 9.7 percent from the previous year, on the back of stronger garment sales. (Reporting by Ruma Paul; Editing by Richard Borsuk)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below