Free Demo Request

Bangladesh exports rise for fourth straight month

Date 09-March-2015
Subject Bangladesh exports rise for fourth straight month

DHAKA: Bangladesh's exports rose 5.15 per cent in February from a year earlier to $2.51 billion, increasing for a fourth straight month and boosted by stronger sales of ready-made garments, official data showed.

Exports from July to February, the first eight months of the financial year, rose 2.4 per cent from the same period a year earlier to $20.31 billion, the Export Promotion Bureau said.

Sales of ready-made garments, comprising knitwear and woven items, totaled $16.55 billion in the July-February period, compared with nearly $16.14 billion a year earlier.

However, renewed political turmoil could cast a pall over the garment industry, which has already been under pressure after factory accidents, including the collapse of a building housing factories in April 2013 that killed more than 1,130 people.

Bangladesh's exports bounced back in November after two months of falls.

In the 2013-14 financial year, exports hit a record $30 billion, up 11 per cent from the previous year, boosted by garment sales.

Source : economictimes.indiatimes.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard