Dhaka, Bangladesh Global: Bangladesh's exports have jumped around 2.5 percent higher than the target to nearly $4.6 billion in July, the first month of the 2023-24 fiscal year.
Exporters shipped goods worth $4.59 billion last month, a 15.26 percent year-on-year increase, according to data released by the Export Promotion Bureau on Wednesday. Exporters sold goods worth $3.98 billion in July last year.
The readymade garment industry beat the target by posting a 17.43 percent year-on-year growth in earnings to around $3.95 billion. The export of knitted garments was worth $2.26 billion while woven garments were worth $1.68 billion.
Among other sectors, the exports of agricultural goods rose 14.53 percent to $72.5 million in July.
Buoyed by last year's earnings of $55.56 billion, the government has set a target of $72 billion in export earnings from goods and services in FY24, an 11.5 percent increase from the year before.
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