Bangladesh's export earnings posted a 16.06% year-on-year fall in May this year, according to the Export Promotion Bureau (EPB).
Export earnings in May have been $4.07 billion - 23.75% below the monthly export target of $5.33 billion, according to EPB data released on Wednesday (5 June).
Until April of the current fiscal year, exports grew 3.93% year-on-year.
In the first 11 months of the current fiscal year, the shipment of garments, which contributes more than 84% of the national export in a year, grew only 2.86 % year-on-year to $43.85 billion, the EPB data also showed.
More to follow...
