5:16 pm - Tuesday May 23, 6648

Exports in October up 21pc on garment sales

Bangladesh’s exports rose 21.15 percent to $2.37 billion in October from a year earlier, driven by stronger overseas sales of garments, official data showed on Thursday.

Import_Export_0-450x252Exports from July to October, the first four months of the 2015-16 financial year, rose nearly 5 percent to $10.13 billion from the same period a year earlier, 3 percent short of the target, the Export Promotion Bureau said.

Sales of garments, comprising knitwear and woven items, totalled $8.24 billion in the July-October period, compared with nearly $7.75 billion a year earlier.

Source :           REUTERS