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Related Keywords: Bangladesh export, Export Promotion Bureau, home textiles, jute yarn, Knitwear, moderate performance, strategic target, touch $5142.24 million, woven garments

Bangladesh’s export witnessed 2.07 percent growth riding on the moderate performance of the key knitwear, leather and leather products touching $ 5,142.24 million in the first two months (July-August) of the current fiscal (2014-15).

The figure is, however, 9.16 percent lower than the strategic target of $ 5,660.60 million, according to the latest figures released by the Export Promotion Bureau (EPB).

The single month export earnings in August totaled $ 2,159.50 million with a 7.25 percent growth but fell 17.46 percent short of the target.

Related Keywords: Bangladesh export, Bangladesh garment industry, chinese market, Export Promotion Bureau, jute and jute-yarn, quota-free access, readymade garments, Textiles

Bangladesh's exports to China in the recent years has been growing steadily which the trade circle consider that it might become a major turning point in boosting exports to one of the most lucrative global destinations. Although the volume is still far from satisfactory, it is the incremental pattern that promises faster growth. The volume of exports to China has shot up more than four times in the past four years.