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Export income increased by 10 percent in March - The Present World
September 20, 2024, 7:38 am

Export income increased by 10 percent in March

Reporter Name
  • Update Time : Tuesday, April 2, 2024

Good news for exports even though remittance flow is down. In the recently concluded month of March, the income from the export of goods was 510 crore 25 lakh dollars. This income is 10 percent more than the same month last year. Exports increased mainly due to increase in shipments of readymade garments.

This information has emerged in the updated report of the Export Development Bureau on Tuesday (April 2). However, March as a single month did not achieve the set export target.

In the first nine months of the fiscal year, the exports of goods amounted to 4 thousand 355 million dollars, which is 4.39 percent more than the same period of the previous year.

Export earnings increased in ready-made garments, agriculture, plastics sector. In the 9 months of the financial year, the export income of the ready-made garment sector has increased by about 5 and a half percent.

On the contrary, income has decreased due to decrease in home textiles, jute and leather products. Export income of leather and leather products decreased by 13.65 percent.

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