September 11, 2018 / 12:48 PM / 2 months ago

Bangladesh exports down 11.7 pct yr/yr in August

DHAKA, Sept 11 (Reuters) - Bangladesh’s exports fell to $3.2 billion in August, down 11.7 percent from a year earlier and nearly 1 percent below target, government data showed on Tuesday.

But for July-August, the first two months of the country’s 2018-19 financial year, exports rose 2.5 percent to $6.79 billion from a year earlier, the Export Promotion Bureau said.

Shipments of key readymade garments, comprising knitwear and woven items, totalled $5.74 billion in July-August, up 3.8 percent on-year.

Reporting by Ruma Paul; Editing by Nick Macfie

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