Exports climb 15.26% in July

Bangladesh’s exports soared 15.26 % year-on-year in July pushed by an acceleration within the cargo of readymade clothes, official figures confirmed immediately.

Exporters fetched $4.59 billion within the first month of the brand new fiscal 12 months of 2023-24, up from $3.9 billion in the identical month a 12 months in the past, in response to the Export Promotion Bureau (EPB).

The upper cargo is predicted to supply a much-needed enhance to the nation’s falling international change reserves as imports payments proceed to outstrip general receipts from exports and remittances.

In July, garment export jumped 17.43 % year-on-year to $3.95 billion.

It comes a day after the Bangladesh Financial institution mentioned remittance influx by way of authorized channels fell practically 6 % in July.

Back To Top