Bangladesh’s exports have scaled new heights for FY 2021-22, injecting fresh impetus into the economy as it shakes off a pandemic-driven slowdown.
Around $143.72 million worth of goods were shipped in February, propelling the overall export earnings to $1075.46 million in 2021-22, according to data published by the Export Promotion Bureau which is 13% more than 1st eight months strategic target and 24% compared to FY 20-21.
Leather Footwear (HS code 6403) sub-sector contributed to about $475.04 million that is 44.2% of total sector, 15% more than Jul 21-Feb 22 strategic target and 26% compared to same period of FY 20-21.
Other Footwear (HS code 6403) sub-sector contributed to about $290.48 million that is 27% of total sector, 9% more than Jul 21-Feb 22 strategic target and 33% compared to same period of FY 20-21.
Leather Product (HS code 42) sub-sector contributed to about $209.67 million that is 19.5% of total sector, 12% more than Jul 21-Feb 22 strategic target and 35% compared to same period of FY 20-21.
Leather (HS code 41) sub-sector contributed to about $100.27 million that is 9% of total sector, 15% more than Jul 21-Feb 22 strategic target and 37% compared to same period of FY 20-21.