Exports saw 4.4 percent rise in the first quarter of the current financial year despite continuous fall in earnings from the woven products.
During July-September period of the 2005-06 fiscal, exports fetched $2,473 million, which was $2,368 million during the same period of the last financial year, according to Export Promotion Bureau (EPB) statistics.
Exports fetched $905 million in July, $848 million in August and $720 million in September 2005.
Woven garment products continued to show a negative trend during the period earning $967 million, down from $1,052 million during the same period of last fiscal.
On the other hand, knitwear products maintained strong growth during July-September period of FY06 fetching $919 million, up by 17.95 percent than the last fiscal's same period.
According to Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), knitwear exports saw a rise in some major markets after quota phase-out from January this year.
The exporters hoped the trend in knitwear sector will continue in the coming months as it has a strong backward linkage support. Besides, the BKMEA went for an aggressive campaign in some major markets including the US to increase its income from this sector.
"Bangladesh exports continue to see a positive growth in the quota-free regime due to substantial rise in income from the knitwear sector. Readymade garment still contributes around 75 percent to the total export earning and diversification in its basket is yet to take place," said an EPB official.
Knitwear apart, export earning from jute goods, raw jute, leather, chemical products, ceramic tableware, agricultural products, petroleum by-products, computer services, bicycle, textile fabrics and handicrafts recorded growth during July-September period of the current financial year.
On the other hand, earnings from some major areas including frozen food, electronics, tea, and home textile dropped during the same period of this fiscal.
Frozen food exports amounted to $123 million during July-September period of FY06, down by 2.72 percent over the last fiscal's corresponding period.
Jute goods fetched $78.49 million in the first three months of the current fiscal, recording a 14.15 percent growth than the same period of last fiscal.
Chemical products worth $53 million were exported during July-September period of this fiscal, marking an 8.48 percent rise than last fiscal's same months.
|
Source : |
|
| |
|
