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 in the same month in 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 in the same period in 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.
