Bangladesh’s export earnings recorded an impressive growth of over 11% in the first eight months (July-February) of the current fiscal year (2024-25) compared to the corresponding period last year.
According to data from the National Board of Revenue (NBR), the country’s total exports during this period amounted to $32.93 billion, up from $29.54 billion in the same span of the previous financial year.
In February alone, exports reached $3.9 billion, reflecting a 9.9% rise from $3.6 billion in February 2024.
However, the Export Promotion Bureau, which officially releases monthly export reports, has yet to publish its figures for the month.
The growth was primarily propelled by the ready-made garment sector, with leather and leather goods, agricultural products, home textiles, frozen fish, and plastic products also contributing to the upward trajectory.
Bangladesh has set an ambitious export target of $50 billion for FY25, aiming for a 12.44% increase from the previous year’s earnings.