During the first eight months of the present fiscal year (FY 25), Bangladesh recorded a 11% increase in export revenue. The exports surpassed USD 32.93 billion during this time period representing a growth from USD 29.54 billion reported in the same fiscal year period last year. The export performance of the country’s economy received substantial growth in February when exports increased by 10% to reach USD 3.9 billion in earnings. The strong performance of Bangladesh’s apparel sector drives successful export activities because it positions itself as one of the top export goods.
In addition to clothing, other sectors have also made impressive gains, including leather goods, agricultural products, home textiles, frozen fish, and plastic items. These product sectors maintain continuous market demand worldwide thus supporting the country’s export performance. Government and business sector confidence has increased due to the positive export developments. The government aims to reach a USD 50 billion export target for the present fiscal year because the economy demonstrates strength through successful key industries. The country aims to develop its global market position and continue its path of economic growth.
Source: Business Inspection BD
