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Bangladesh’s export revenue for the first 10 months of fiscal 2010 to 2011 was US$18.2 billion, a 41% increase over the same period last year.
If this trend continues, the country will go far beyond the government’s earlier target of export revenue of 18.5 billion U.S. dollars.
The export growth rates of the major export items were 46% for the knitted garment industry, 39% for the plain weaving garments, 98% for the home textile industry, 49% for the footwear industry, 42% for the jute and jute products, and 54% for the frozen food industry.
The country ranked No. 1 in export projects, and the textile and garment industry achieved good results this year. However, the local Export Promotion Bureau pointed out that Bangladesh has not successfully expanded potential markets such as Japan and Latin America and stated that it has Has been active in garment exporters in Bangladesh to join the relevant market.
If this trend continues, the country will go far beyond the government’s earlier target of export revenue of 18.5 billion U.S. dollars.
The export growth rates of the major export items were 46% for the knitted garment industry, 39% for the plain weaving garments, 98% for the home textile industry, 49% for the footwear industry, 42% for the jute and jute products, and 54% for the frozen food industry.
The country ranked No. 1 in export projects, and the textile and garment industry achieved good results this year. However, the local Export Promotion Bureau pointed out that Bangladesh has not successfully expanded potential markets such as Japan and Latin America and stated that it has Has been active in garment exporters in Bangladesh to join the relevant market.
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