DHAKA : Bangladesh has hit a landmark by crossing for the first time in its history the $50 billion mark in export. In FY 2021-22, exports brought home $52 billion, registering a 34.4% year-on-year growth ($38.8 billion in FY 2020-21). In June 2022 only, the export earning stood at $4.908 billion, up 37.2% year-on-year, and the highest ever on record in a single month. The previous highest was registered in December 2021 when the earning stood at $4.907 billion. Apparel sector continues to be the biggest earner with $42.6 billion (35.5% growth y-on-y) followed by home textiles with $1.62 billion (43.3% growth) and agricultural products with $1.16 billion (13% growth). Two more sectors crossed the billion-dollar export mark: leather and leather goods drew $1.24 billion and jute & jute products fetched $1.12 billion. Engineering products turned out to be a promising sector growing 50.4% and bagging $796 million. When the whole world has been struggling due to COVID-19 fallouts and political developments in Europe, Bangladesh’s steady progress has been made possible by the visionary leadership and astute policy guidance of Prime Minister Sheikh Hasina, all out support from the government functionaries and commitment and dedication of Bangladesh entrepreneurs driven by hard-working and resilient people of Bangladesh.
