Publish: 09:02, 11 Nov, 2024

Bangladesh's October exports grow 20.6%

Exports grow nearly 11% during July-October from same period last year
Online Desk
Bangladesh's October exports grow 20.6%
Photo - Collected

The country’s export earnings in October saw a robust growth of 20.60% catching $4.13 billion, up by $0.71 billion compared to $3.42 billion of the same month on 2023.

According to data released by the Export Promotion Bureau (EPB), in July-October exports grew by 10.8% to reach $15.79 billion, up by $1.54 from $14.25 billion of the same period on 2023. Apparel sector accounted for $12.81 billion of the exports.

In October, the readymade garment (RMG) sector, the country's highest export earner, and generated $3.30 billion, with 22.8% increase from $2.68 billion in the equivalent period of FY24.

Of the $3.30 billion, knitwear contributed $1.86 billion, a 24.6% increase from $1.50 billion, while woven garments earned $1.44 billion, reflecting a 20.54% increase from $1.20 billion compared to the October of the last fiscal year.

Among other notable sectors, agriculture products experienced positive growth of 7%, reaching $113.1 million, up from $105.8 million in October FY24.

Leather and leather goods witnessed a slight decline of 1%, totaling $83.2 million, while the earnings were $84 million in October 2023.

Bd-pratidin English/ Afia

More News
Bangladesh Bank issues Tk 6,585 crore liquidity guarantee to 7 banks
Bangladesh Bank issues Tk 6,585 crore liquidity guarantee to 7 banks
‘Bangladesh can lead in circular economy with textile recycling’
‘Bangladesh can lead in circular economy with textile recycling’
LC Margin for fertilizer imports relaxed
LC Margin for fertilizer imports relaxed
1st direct cargo vessel from Karachi arrives at Ctg port
1st direct cargo vessel from Karachi arrives at Ctg port
Country receives US$ 7 billion remittance in 3 months
Country receives US$ 7 billion remittance in 3 months
Uncertainty in creating new employment opportunities
Uncertainty in creating new employment opportunities
Gold price inches down again
Gold price inches down again
Bangladesh's foreign reserves stand at $18.19b
Bangladesh's foreign reserves stand at $18.19b
China eyes home-buying tax cuts amid real estate distresses: Bloomberg
China eyes home-buying tax cuts amid real estate distresses: Bloomberg
DSE sees early gains with Tk192cr traded in 1st hour today
DSE sees early gains with Tk192cr traded in 1st hour today
Bangladesh, Singapore commend launch of FTA negotiation
Bangladesh, Singapore commend launch of FTA negotiation
Interim government confirms no plans to shut down businesses
Interim government confirms no plans to shut down businesses
Latest News
Tough action if case lodged only for harassment: Home adviser
Tough action if case lodged only for harassment: Home adviser

30 minutes ago | National

Chief Adviser returns home after joining COP29 in Baku
Chief Adviser returns home after joining COP29 in Baku

40 minutes ago | National

FIDE rapid rating chess begins on Friday
FIDE rapid rating chess begins on Friday

1 hour ago | Sports

Human Rights Watch accuses Israel of war crimes in Gaza Strip
Human Rights Watch accuses Israel of war crimes in Gaza Strip

1 hour ago | International

Special committee formed to review political activities on DU campus
Special committee formed to review political activities on DU campus

1 hour ago | National

BNP's 31-point reform proposal will align with Interim Government's reform plans: Fakhrul
BNP's 31-point reform proposal will align with Interim Government's reform plans: Fakhrul

1 hour ago | National

Protesters injured in July-August movement meet advisers
Protesters injured in July-August movement meet advisers

2 hours ago | National

BNP wants introduction of bicameral parliamentary system: Tarique Rahman
BNP wants introduction of bicameral parliamentary system: Tarique Rahman

2 hours ago | National

Maxwell's power-hitting, Australia pace flatten Pakistan in T20I
Maxwell's power-hitting, Australia pace flatten Pakistan in T20I

2 hours ago | Sports

EU foreign policy chief wants Israel dialogue suspended over Gaza war
EU foreign policy chief wants Israel dialogue suspended over Gaza war

3 hours ago | International

South Africa refuses aid for thousands of illegal miners trapped
South Africa refuses aid for thousands of illegal miners trapped

3 hours ago | International

JCD DU announces full committee
JCD DU announces full committee

3 hours ago | National

UN reports Israel's warfare tactics in Gaza align with genocide definition
UN reports Israel's warfare tactics in Gaza align with genocide definition

4 hours ago | International

Dhaka expresses discontent over Hasina's use of mobile phones and giving statements from India
Dhaka expresses discontent over Hasina's use of mobile phones and giving statements from India

4 hours ago | National

Bangladesh Bank issues Tk 6,585 crore liquidity guarantee to 7 banks
Bangladesh Bank issues Tk 6,585 crore liquidity guarantee to 7 banks

4 hours ago | Economy

German return to nuclear power is 'logical': IAEA chief
German return to nuclear power is 'logical': IAEA chief

4 hours ago | International

UN faces uncertainty as Trump returns to US presidency
UN faces uncertainty as Trump returns to US presidency

5 hours ago | International

Kolkata-Bound flight makes emergency landing in Raipur following bomb threat
Kolkata-Bound flight makes emergency landing in Raipur following bomb threat

5 hours ago | International

Ex-MP Ali Azam Mukul sent to jail in Nahidul murder case
Ex-MP Ali Azam Mukul sent to jail in Nahidul murder case

5 hours ago | National

Woman dies in Pirojpur road accident
Woman dies in Pirojpur road accident

5 hours ago | City

Mike Tyson, 58, set to return to the ring against YouTuber Jake Paul
Mike Tyson, 58, set to return to the ring against YouTuber Jake Paul

5 hours ago | Sports

‘Bangladesh can lead in circular economy with textile recycling’
‘Bangladesh can lead in circular economy with textile recycling’

5 hours ago | Economy

France coach Didier Deschamps is fed up with questions about Mbappé's absence from his team
France coach Didier Deschamps is fed up with questions about Mbappé's absence from his team

6 hours ago | Sports

2,840 farmers receive free seeds and fertilizers
2,840 farmers receive free seeds and fertilizers

6 hours ago | City

Azerbaijan expresses interest in strengthening ties with Bangladesh
Azerbaijan expresses interest in strengthening ties with Bangladesh

6 hours ago | National

CA pledges reforming labour sector
CA pledges reforming labour sector

6 hours ago | National

1 mln migrants in US rely on temporary protections that Trump could target
1 mln migrants in US rely on temporary protections that Trump could target

6 hours ago | International

IAEA chief visits Iran to ‘reach diplomatic solutions’
IAEA chief visits Iran to ‘reach diplomatic solutions’

6 hours ago | International

$1 trillion needed in climate cash for developing nations, Experts say at COP29
$1 trillion needed in climate cash for developing nations, Experts say at COP29

6 hours ago | International

Hezbollah strikes Tel Aviv with ballistic missiles
Hezbollah strikes Tel Aviv with ballistic missiles

7 hours ago | International

Most Read
Mike Tyson, 58, set to return to the ring against YouTuber Jake Paul
Mike Tyson, 58, set to return to the ring against YouTuber Jake Paul

5 hours ago | Sports

1st direct cargo vessel from Karachi arrives at Ctg port
1st direct cargo vessel from Karachi arrives at Ctg port

12 hours ago | Economy

Govt under pressure
Govt under pressure

10 hours ago | Special

Labor counsellor in Geneva stand-relieved
Labor counsellor in Geneva stand-relieved

9 hours ago | National

Three BTS members featured on Billboard's latest list
Three BTS members featured on Billboard's latest list

8 hours ago | Showbiz

Israel killed 20 aid workers in Gaza in past month
Israel killed 20 aid workers in Gaza in past month

8 hours ago | International

High court dismisses six cases against Annie
High court dismisses six cases against Annie

8 hours ago | National

Elections will follow reforms, Prof Yunus tells AFP
Elections will follow reforms, Prof Yunus tells AFP

9 hours ago | National

Dhaka's air quality remains unhealthy
Dhaka's air quality remains unhealthy

12 hours ago | City

Two sections of quick rental law unconstitutional: HC
Two sections of quick rental law unconstitutional: HC

8 hours ago | National

Sri Lanka takes series lead with dominant victory
Sri Lanka takes series lead with dominant victory

9 hours ago | Sports

Ex-lawmaker Ali Azam Mukul arrested in Hazaribagh
Ex-lawmaker Ali Azam Mukul arrested in Hazaribagh

12 hours ago | City

Former MP Solaiman Selim arrested
Former MP Solaiman Selim arrested

10 hours ago | National

Coast Guard arrests 2 most wanted dacoits in Maheshkhali
Coast Guard arrests 2 most wanted dacoits in Maheshkhali

8 hours ago | City

'Welcome back': Trump, Biden shake hands in White House
'Welcome back': Trump, Biden shake hands in White House

10 hours ago | International

CA meets Azerbaijan President
CA meets Azerbaijan President

7 hours ago | National

2,840 farmers receive free seeds and fertilizers
2,840 farmers receive free seeds and fertilizers

6 hours ago | City

PBI receives 3201-page long case docket
PBI receives 3201-page long case docket

7 hours ago | National

Weather to remain dry for 24 hours
Weather to remain dry for 24 hours

8 hours ago | National

BNP delegation meets US Embassy Chargé d'Affaires
BNP delegation meets US Embassy Chargé d'Affaires

8 hours ago | National

CA pledges reforming labour sector
CA pledges reforming labour sector

6 hours ago | National

5000-meter current nets seized from Halda River
5000-meter current nets seized from Halda River

11 hours ago | City

LC Margin for fertilizer imports relaxed
LC Margin for fertilizer imports relaxed

9 hours ago | Economy

Fishermen need permits to fish in the sea
Fishermen need permits to fish in the sea

11 hours ago | City

Shuvosangho commemorates Humayun Ahmed's 76th birthday
Shuvosangho commemorates Humayun Ahmed's 76th birthday

11 hours ago | Shuvosangho

Azerbaijan expresses interest in strengthening ties with Bangladesh
Azerbaijan expresses interest in strengthening ties with Bangladesh

6 hours ago | National

Israel Strikes Kill 47 More Gazans as Death Toll Surpasses 43,700
Israel Strikes Kill 47 More Gazans as Death Toll Surpasses 43,700

10 hours ago | International

3 DB officers injured in Khulna
3 DB officers injured in Khulna

8 hours ago | City

Permanent travel ban imposed on Taqsem A Khan
Permanent travel ban imposed on Taqsem A Khan

7 hours ago | National

Kolkata-Bound flight makes emergency landing in Raipur following bomb threat
Kolkata-Bound flight makes emergency landing in Raipur following bomb threat

5 hours ago | International