The export earnings of the country witnessed a positive growth of 9.83 per cent to $40.20 billion in July-April of financial year 2024-25, according to the Export Promotion Bureau.
In the same period of the past fiscal (FY2023-24), the earnings were $36.6 billion.
The state agency provided this data, reflecting real-time shipment updates as per Asycuda World and the National Board of Revenue.
The single month export earnings of April also experienced a narrow growth of 0.86 per cent to $3.01 billion, which was $2.99 billion in April of 2024.
However, the country鈥檚 single month鈥檚 export earning in April was lowest of the 10 months of the current financial year.
Exporters said that as they ship their final summer consignments in February and March, there is always sluggishness in April and May, and frequently exports see negative growth in these months.
Accordingly, the April exports witnessed negative growth in FY24 and FY23.
The country鈥檚 readymade garment sector also experienced a narrow positive growth of 0.44 per cent to $2.93 billion in April compared with that of $2.83 billion in April 2024.
In the first ten months of FY25, export earnings from almost all major sectors maintained positive growth except jute and jute goods.
In the mentioned period, the RMG sector witnessed a 10 per cent positive growth and bagged $32.64 billion, compared with that of $29.67 billion in the July-April period of FY24.
Among the RMG products, knitwear earned $17.45 billion, 10.74 per cent higher than $15.76 billion in the corresponding period of FY24, and woven earned $15.18 billion, 9.167 per cent higher than $13.90 billion in FY24.
Home textiles also posted a positive growth of 4.25 per cent to $740.49 million in the July-April period of FY25, up from $710.31 million in the same period of the past financial year.
The EPB data also stated that in the July-April period of FY25, the agricultural sector earned $858.95 million, a 4.95 per cent increase from $824.4 million in FY24.
Export earnings from leather and leather goods increased by 10.08 per cent to $932.53 million, which was $847.13 million in the same period of the previous financial year.
Engineering products鈥� exports grew 12.45 per cent to $447.38 million, up from $397.84 million in July-April of FY24.
However, export earnings from jute and jute goods experienced negative growth of 6.89 per cent to $684.51 million in July-April of FY25, which was $735.14 million in July-April of FY24.
Talking to 抖阴精品, Faruque Hassan, former Bangladesh Garment Manufacturers and Exporters Association president, said that apparel exports witnessed a slow growth in April.
鈥楬owever, due to the US tariff fear, there was sluggishness in the orders. So, export may witness a negative growth in the coming months. The all-major suppliers will face the same problems,鈥� he added.
He said that the government should work on new US tariff through negotiations and diplomatic channels.
He also urged the government to provide sufficient policy supports, uninterrupted gas and electricity to navigate the emerged challenges.
