Bangladesh apparel exports plummet by 4%
Bangladesh's exports plummeted over 4 per cent in October while its export earnings declined by 4.08 per cent year-on-year to $2.95 billion as shipments of apparel products took a hit due to the COVID-19 pandemic.
During October, export of woven items fell by 14.43 per cent, while knitwear marked a decline of 2.19 per cent in China.
Meanwhile, earnings from leather and leather products in July-October of FY21 fell by 10.63 per cent to $283.2 million from $316.9 million in the same period of last fiscal year while earnings from the home textile export increased by 47.86 per cent to $354.25 million from $239.59 million and earnings from export of jute and jute products also increased by 39.52 per cent to $438.78 million from $314.49 million, as per the data.
