Exports drop 13.64% in October

Bangladesh’s exports suffered a setback in October, with shipments declining by 13.64% compared to the same month in the previous year, according to the data released by the Export Promotion Bureau (EPB) on Thursday.

The total value of exports for October this year amounted to $3.76 billion, a decrease from the $4.35 billion recorded in October of the preceding year.

However, despite the decline in October, the overall export performance for the July-October period of the current fiscal year remained positive, showing a growth of 3.52% compared to the same period in the previous year. 

However, this growth fell short of the government’s target by 9.31%.

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