Exports rebound with 11.45pc rise in Jan

DE Online Desk
Country’s export earnings in January witnessed a healthy growth of 11.45 percent fetching $5,724.34 million where the major export-oriented RMG sector bagged nearly $5 billion.
According to the latest statistics of the Export Promotion Bureau (EPB), the export target for January 2024 was $5,764 million while the export performance for January 2023 was $5,136.24 million. The EPB figures revealed that during the July-January period of the current fiscal year (FY24), the overall export earnings totaled $33,264.71 million having a growth of 2.52 percent.
During the mentioned period, the RMG export grew by 3.45 percent year-over-year basis to $28.36 billion from $27.41 billion during the same period of the previous fiscal year (2022-23).
The export of knitwear was $16.17 billion with a growth of 8.15 percent while woven garments bagged $12.18 billion having a fall of 2.20 percent.
The single-month apparel export earnings that indicate export in January 2024 was $4.97 billion having a growth of 12.45 percent compared to January 2023.