Earnings from exports climbs 30pc in October

Export earnings climbed 30.53 percent year-on-year to $3.71 billion in October compared to the same month a year ago on the back of higher shipment of garment items.

Apparels, which typically contribute more than 80 percent to the national export, fetched $3.14 billion alone in the month, according to data from the Export Promotion Bureau (EPB) released yesterday.

Overall, the country’s exports rose 18.65 percent to $13.66 billion in July-October, which is 12.57 percent higher than the periodic target of $12.12 billion.

Navojit Dastidar