In the initial four months of the current fiscal year (FY24), the country’s export earnings showed a positive growth of 3.52%, reaching a total of $17,447.47 million, as per the latest data from the Export Promotion Bureau (EPB). This figure compares favorably to the export earnings of $16,853.51 million recorded during the same period in the last fiscal year (FY23).
However, the statistics released by the EPB indicate a decline in single-month export earnings for October, amounting to $3,762.03 million, marking a 13.64% decrease.
Notable contributors to the country’s export performance during these first four months of the fiscal year include the Readymade Garments (RMG) sector, which generated $14,783.10 million. Within the RMG category, knitwear accounted for $8,676.78 million, while woven garments contributed $6,106.32 million. Additionally, other key exportable items encompass home textiles at $238.81 million, footwear at $155.26 million, plastic products at $71.12 million, and leather and leather products at $325.57 million.
