- FDI Shortfalls Undermine Global Aid and Humanitarian Relief |
- UN Charter a ‘Living Miracle’ After 80 Years: Guterres |
- US-Iran Conflict Triggers Global Flight Disruptions |
- Iran Launches Missile Attack on US Base in Qatar |
- US Urges China to Prevent Iran from Closing Strait of Hormuz |
Bangladesh’s Exports Reach $4.43B in January, Up 5.7%
Bangladesh’s export earnings surged to $4.43 billion in January 2025, marking a robust 5.7% increase compared to the same month last year.
For the first seven months (July–January) of the current fiscal year 2024-25, the country exported goods worth $28 billion, reflecting an impressive 11.68% growth from the $25 billion recorded during the same period of the previous fiscal year (2023-24).
The Export Promotion Bureau (EPB) released these positive figures on Monday, showcasing a solid upward trajectory in Bangladesh's export sector. The data highlights the resilience of the nation's industries, with several key sectors showing marked growth.
The readymade garment industry led the charge, posting a 12% overall growth. Knitwear exports saw a 12% increase, while woven garments rose by 11.97%. The readymade garment sector alone contributed $23.5 billion to the export total.
Other significant export categories, such as leather and leather goods, agricultural products, home textiles, frozen fish, and plastic products, also demonstrated positive growth, reinforcing Bangladesh's growing presence in global markets.
Looking ahead, the export target for FY 2024-25 has been set at $50 billion, signaling a projected growth of 12.44% over the previous fiscal year. The ambitious target underscores Bangladesh's commitment to expanding its global trade footprint and solidifying its position in international markets, as highlighted in the EPB’s official statement.