Exports to Europe post moderate growth
Friday, 6 January 2012
The country's exports to key destinations like Germany, UK and France posted moderate growth in the July-October period of the current fiscal, compared to the same period of the previous fiscal, reports UNB.
In July-October of the current fiscal, exports to Germany totaled $1303.11 million, which was 16.05 per cent of the total export earnings for the period. Of the amount, knitwear accounted for $778.09 million, woven garment $414.21 million and frozen shrimp $21.95 million, according to latest figures released by the Export Promotion Bureau (EPB).
The EPB figures showed that exports to the UK during July-October totaled $816.07 million, which was 10.05 per cent of the total export earnings for the four-month period.
Export of RMG items to the UK accounted for $699.61 million in July-October, against $506.14 million during the corresponding period of last fiscal, showing a 38.22 per cent growth. The home textile export to the UK during the period was $24.55 million, frozen shrimps $38.15 million and bicycles $26.15 million.
Exports to France during the July-October period of the current fiscal increased to $451.61 million, which accounted for 5.56 per cent of the total export earnings for the period.
RMG exports to France rose to $412.78 million during the July-October period as against $375.17 million during the corresponding period of the previous fiscal, showing a 10.02 per cent growth.
Exports to Italy totaled $331.14 million this July-October with knitwear accounting for $197.45 million, woven garment $89.90 million and leather $ 16.40 million.
Exports to Belgium amounted to $280.81 million that included knitwear $115.14 million, woven garment $78.02 million and frozen shrimp $46.75 million.
Export earnings from the USA, the largest market for Bangladesh goods, registered a negative growth of 0.67 per cent in July-October of the current fiscal totaling $1615.12 million, which was 19.89 per cent of the total export earnings for the period.
The Netherlands, another big export destination for Bangladesh, imported goods worth $241.25 million during the July-October period. The amount included knitwear $113.89 million, woven garment $67.25 million and frozen shrimp $26.35 million.
Among the Middle East, Far East and South Asian countries, exports to Iran fetched $30.91 million during the first four months of the current fiscal while that of Japan totaled $202.87 million, Singapore $54.55 million and China $142.09 million.
Among the South Asian countries, exports to India amounted to $180.30 million during the period that included jute and jute made goods $41.37 million and woven garment $15.41 million while exports to Pakistan totaled $27.13 million, including jute and jute made goods $22.57 million.
In July-October of the current fiscal, exports to Germany totaled $1303.11 million, which was 16.05 per cent of the total export earnings for the period. Of the amount, knitwear accounted for $778.09 million, woven garment $414.21 million and frozen shrimp $21.95 million, according to latest figures released by the Export Promotion Bureau (EPB).
The EPB figures showed that exports to the UK during July-October totaled $816.07 million, which was 10.05 per cent of the total export earnings for the four-month period.
Export of RMG items to the UK accounted for $699.61 million in July-October, against $506.14 million during the corresponding period of last fiscal, showing a 38.22 per cent growth. The home textile export to the UK during the period was $24.55 million, frozen shrimps $38.15 million and bicycles $26.15 million.
Exports to France during the July-October period of the current fiscal increased to $451.61 million, which accounted for 5.56 per cent of the total export earnings for the period.
RMG exports to France rose to $412.78 million during the July-October period as against $375.17 million during the corresponding period of the previous fiscal, showing a 10.02 per cent growth.
Exports to Italy totaled $331.14 million this July-October with knitwear accounting for $197.45 million, woven garment $89.90 million and leather $ 16.40 million.
Exports to Belgium amounted to $280.81 million that included knitwear $115.14 million, woven garment $78.02 million and frozen shrimp $46.75 million.
Export earnings from the USA, the largest market for Bangladesh goods, registered a negative growth of 0.67 per cent in July-October of the current fiscal totaling $1615.12 million, which was 19.89 per cent of the total export earnings for the period.
The Netherlands, another big export destination for Bangladesh, imported goods worth $241.25 million during the July-October period. The amount included knitwear $113.89 million, woven garment $67.25 million and frozen shrimp $26.35 million.
Among the Middle East, Far East and South Asian countries, exports to Iran fetched $30.91 million during the first four months of the current fiscal while that of Japan totaled $202.87 million, Singapore $54.55 million and China $142.09 million.
Among the South Asian countries, exports to India amounted to $180.30 million during the period that included jute and jute made goods $41.37 million and woven garment $15.41 million while exports to Pakistan totaled $27.13 million, including jute and jute made goods $22.57 million.