Exports slip 6.25% to $3.9 billion in September
Sun Oct 2, 2022 03:48 PM Last update on: Sun Oct 2, 2022 04:17 PM
Shipping containers for export stacked at a port in Lianyungang, in China’s eastern Jiangsu province. China’s exports rose 18 per cent in July from a year earlier, the fastest pace this year, official customs data showed yesterday. Photo: AFP/File
Bangladesh's exports slipped 6.25 per cent year on year to $3.9 billion in September as the flow of orders for garments slowed amid higher inflation and concerns of recession in the major destinations owing to the dragging Russia-Ukraine war.
Despite the decline, overall earnings from shipment were 13.3 per cent higher to $12.49 billion in the July-September quarter of the current fiscal year of 2022-23, according to the Export Promotion Bureau (EPB).
For all latest news, follow The Daily Star's Google News channel. The export of readymade garments, which grew 26 per cent in the July-August period, registered a 13.4 per cent growth in the three months that ended on September 30, reflecting a slowdown.
Comments