2024-06-27 20:03:26
From July to Could of the present fiscal yr 2023-24, Bangladesh exported 2,164 billion US {dollars} price of ready-made clothes to the European Union (EU) nations, which is 2 p.c greater than the identical interval of the earlier fiscal yr. Throughout the identical interval of the earlier monetary yr, the exports of clothes to the European Union had been price 2,122,300,000 {dollars}. This data is understood from the most recent statistics of the Export Promotion Bureau (EPB).
Based on a overview of EPB information, within the 11 months of the present monetary yr, Bangladesh’s garment exports to Spain, France, the Netherlands, Poland and Denmark had been 6.23 p.c, 1.02 p.c, 16.27 p.c, 17.28 p.c, and respectively. 26.96 p.c enhance.
Alternatively, exports to Germany, the EU’s largest export market, fell by 10.12 p.c. Until Could of this fiscal yr, Bangladesh has exported 5.42 billion 5.3 million US {dollars} to Germany. Throughout the identical interval of the earlier monetary yr, the export quantity was 603 crore 61 lakh {dollars}.
Through the dialogue interval, garment exports from Bangladesh to Italy decreased by 6.10 p.c. As much as Could of the present monetary yr, Italy’s attire exports had been price $193 million. Garment exports to Italy throughout the identical interval of the earlier fiscal had been price $206 million.
In the meantime, exports of ready-made clothes to the US and Canadian markets declined, however elevated to the UK. As much as Could of the present fiscal yr, attire exports to the US market had been price 746 million 84 million {dollars} and 138 million 65 million {dollars} to Canada. Throughout the identical interval of the earlier fiscal yr, attire exports to the US had been $7.7338 billion and to Canada $1.39 billion. Accordingly, exports to the US fell by 3.43 p.c and to Canada by 0.31 p.c.
Within the 11 months of the present monetary yr, the UK market has exported ready-made clothes price 515 million 99 million US {dollars}. Clothes exports to the UK had been price US$ 459.29 million throughout the identical interval of the earlier monetary yr. Attire exports to the UK elevated by 12.34 p.c.
Attire exports from Bangladesh have additionally elevated in non-traditional markets. On the finish of Could of the present fiscal yr, garment exports to non-traditional markets had been price 818 million 75 million {dollars}. In the identical interval of the earlier monetary yr, attire exports to non-traditional markets had been price 768.99 million {dollars}. Attire exports to non-traditional markets elevated by 6.47 p.c.
Amongst main non-traditional markets, exports to Japan, Australia and South Korea grew by 1.83 per cent, 11.76 per cent and 14.34 per cent respectively. Nevertheless, India’s attire exports fell by 23.11 p.c.