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Bangladesh garment exports exceed target set in FY2015-16

Related Keywords: achieve healthy export earnings, Bangladesh garment industry, Bangladesh Garment Manufacturers and Exporters Association, better export growth, earnings also exceeded the target set for the year, high-end products, Knitwear, profit margin declined, registered ten percent growth from the previous year, woven products

Bangladesh garment industry generated $28.09bn exports in the fiscal year 2015-16 which just ended, registering a 10.21% growth from the previous year. The data officially released yesterday showed that the earnings also exceeded the target of $27.37bn set for the year. Of the total figure, the knitwear constituted $13.35bn and woven products $14.74bn, according to Export Promotion Bureau data.

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