Bangladesh’s 2013-14 fiscal exports hit all-time yearly high

By Sheuli Akter
DHAKA, July 12 (NsNewsWire) — Bangladesh grossed the highest ever yearly export income in the immediate past 2013-14 (July 2012-June 2013) fiscal year as demand for garment products further soared on Soccer World Cup 2014 in Brazil.

An Export Promotion Bureau (EPB) official told Xinhua Thursday export income in the 2013-14 fiscal year grew 11.65 percent year on year to exceed 30 billion U. S. dollars for the first time.

“2013-14 fiscal year exports reached 30,176.80 million U.S. dollars, setting a new record,” said the official who preferred not to be named.

With 2.80 billion U.S. dollars export earning in June, up 3.50 percent over the same period a year ago, he said the country’s overall export earnings in the last fiscal year, however, fell short of target by 1.06 percent.

Bangladesh’s export income in the previous 2012-13 fiscal year was registered at 27.03 billion dollars. In 2012-13 fiscal year, export grew 11.18 percent year on year but fell short of target by 3.51 percent