December exports earnings up by nearly 3%

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Bangla Tribune Desk
Published : 17:25, Jan 05, 2020 | Updated : 17:28, Jan 05, 2020

PHOTO/bicda.netBangladesh's export sector has fetched $3.52 billion in December 2019, breaking the negative growth for the fourth straight month.
The figure is up by 2.89 percent from the 3.43 billion in December 2018, according to the latest figures by the Export Promotion Bureau.
Export earnings fell by 10.70% to $3.05 billion for the fourth consecutive month in November 2019, compared to the corresponding period of 2018.
However, Bangladesh’s exports earning during July-December of the current fiscal year have registered a 5.84% negative growth to $19.30 billion, which was $20.50 billion in the same period of the previous fiscal year.
The apparel sector, which accounts for 84.21% of total exports, witnessed a 6.21% decline to $16.02 billion in the first half of the current fiscal year, which was $17.08 billion in the same period in 2018.
As per the data, knitwear products earned $8.20 billion, down by 5.126%, which was $8.65 billion the previous year.
Woven goods fetched $7.82 billion, posting a 7.28% fall against $8.43 billion logged in the same period in 2018.

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