Bangladesh's export earnings for the first eight months of the fiscal year 2024-25 reached $32.94 billion, marking a 10.53% growth compared to $29.81 billion in the same period last fiscal year, according to the Export Promotion Bureau (EPB).
February 2025 alone generated $3.97 billion in exports, a 2.77% increase year-on-year, though slightly lower than January's performance, reports UNB.
The apparel sector remained the largest contributor, bringing in $3.24 billion with a modest 1.66% growth compared to February 2024.
Non-traditional sectors like leather and leather goods (34.37%), frozen and live fish (26.66%), plastic products (7.97%), and agricultural products (7.03%) also registered significant growth.
However, some sectors experienced declines, including jute and jute goods (-11.39%), light engineering products (-1.56%), and home textiles (-0.23%).
Md Anwar Hossain, Vice-Chairman of the EPB, highlighted Bangladesh’s resilience and competitiveness in the global market despite challenges in certain sectors.
The government has set an ambitious export target of $50 billion for FY 2024-25, aiming for a 12.44% increase over the previous year, reflecting the nation's commitment to strengthening its position in the international trade arena.