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SATURDAY, MAY 10, 2025
2020 began with fall in export growth

Trade

TBS Report
04 February, 2020, 06:50 pm
Last modified: 04 February, 2020, 06:57 pm

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2020 began with fall in export growth

In January this year, the country’s incomes from exports were 1.70 percent less than what it earned during the first month last year

TBS Report
04 February, 2020, 06:50 pm
Last modified: 04 February, 2020, 06:57 pm
File Photo/ Pexels
File Photo/ Pexels

The year 2020 began in Bangladesh with a decline in the country's export earnings in the very first month.

In January this year, the country's incomes from exports were 1.70 percent less than what it earned during the first month last year.

In January 2019, the export earnings were $3.67 billion in total, according to the Export Promotion Bureau.

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Bangladesh saw a downtrend in export earnings from August last year to January this year, except for December in between.

The overall negative growth in export earnings of Bangladesh in the last seven months stood at 5.21 percent.

From July 2019-January 2020, the country earned $22.91 billion in total from export although the earnings were $24.17 billion during the same period last year.

The apparel sector, which contributes the lion's share to the overall export earnings, saw a 5.71 percent fall in this time.

Economy / Top News

Trade / Export earnings / Decline

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