Published: Wednesday, May 8, 2013

Exports slow as strife lingers

Exports slow as strife lingers

Exports declined by 9.73 percent in April compared to the previous month due to frequent shutdowns amid political upheavals.
Export earnings in the month were worth $2.07 billion, which is 11.19 percent less than the monthly target of $2.34 billion.
However, exports rose 9.95 percent in April, compared to the same month a year ago, according to Export Promotion Bureau.
The overall earnings during the first 10 months of the current fiscal year, too, registered a rise, by 10.14 percent to $19.78 billion.
Of the major products, Bangladesh exported knitwear worth $8.39 billion and woven garments worth $8.92 billion in the July-April period of fiscal 2012-13, an 8.93 percent and 13.98 percent rise year-on-year.