Bangladesh's merchandise export earnings in the immediate past 2009-10 fiscal year (July 2009-June 2010) grew 4.11 percent, government data showed Tuesday, riding out the global market recession well.
According to Bangladesh's Export Promotion Bureau (EPB) data, the South Asian country fetched 16.20 billion U.S. dollars from exports in the last fiscal year.
With 1.42 billion U.S. dollars export earning in June, up an impressive 21.24 percent over the same period a year ago, the country's overall export earnings in the last fiscal year, however, fell short of target by 7.93 percent, it showed.
The growth though moderate in overall export earnings in the last fiscal year came as garment export marked rise after months of fall in the wake of global market slowdown.
Export earnings from garments, including knitwear and woven, in 2009-2010 fiscal year stood at 12.50 billion U.S. dollars, an about 77.1 percent of the total export income of Bangladesh during the same period of the year.
In the last fiscal year, according to the EPB, knitwear garment export grew 0.84 percent to 6.48 billion U.S. dollars while woven garments increased 1.60 percent to 6.01 billion U.S. dollars, comparing with the same period of last fiscal, EPB data showed.
Knitwear garments export, up to July-May period of last fiscal, fell 0.93 percent to 5.76 billion dollars while woven garments dropped 0.09 percent to 5.39 billion U.S. dollars./.