Tuesday 27, September 2022

$58bn merchandise export target set for FY23

News Desk: The government today set a merchandise export target of $58 billion for the current fiscal year of 2022-23, which is 11.36 per cent higher than the actual receipts in the last fiscal year.

The export target for the services sector has been fixed at $9 billion.

Commerce Minister Tipu Munshi announced the goals at a press conference at his secretariat office in Dhaka.

"The target can be achieved as international buyers are placing work orders with Bangladesh even during the globally volatile situation," he said.

In the last fiscal year that ended on June 30, Bangladesh earned $52.08 billion from merchandise shipment, up 34.38 per cent compared to a year ago, according to the Export Promotion Bureau.

Another $8 billion was earned from services sector exports.


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