The export earnings fetched $ 9036.45million in July-March period against $7517.40 million in the corresponding period of 2005-06, according to Export Promotion Bureau (EPB) figures released yesterday. The export target for July-March period was fixed at $ 8990 million.

Despite growth knitwear missed the export target by 4.30 percent. Knitwear fetched $3335.22 million against the target of $3485.28 million.

"The failure is due to the adverse effect of labour unrest in the garment sector in May 2006," said Fazlul Haq, president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).

However, Haq is very optimistic to achieve the export target of $4.8billion set for knitwear for 2006-07.

During the July-March period, woven garments fetched $3505.73 million against $2965.04 million in the corresponding period of the last financial year, showing 18.24 percent export growth.

Anwar-ul- Alam Chowdhury Parvez, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said if the present congenial business environment continues, the overall export performance must be improved significantly.

Frozen foods, ceramic products, handicrafts, footwear, cut flowers, agro processed goods and engineering products also registered significant increases, contributing to the overall export growth.

Exports of jute goods, pharmaceuticals, chemical fertilizer, raw jute, vegetables, tobacco, bi-cycle, tea and electronic goods declined. The products also failed to reach export targets during the period.

On month-to-month basis, the overall exports of March 2007 were 13.40 percent higher. of fiscal year 2006-07, thanks to good performance by apparels, frozen foods and footwear.

The export earnings fetched $ 9036.45million in July-March period against $7517.40 million in the corresponding period of 2005-06, according to Export Promotion Bureau (EPB) figures released yesterday. The export target for July-March period was fixed at $ 8990 million.

Despite growth knitwear missed the export target by 4.30 percent. Knitwear fetched $3335.22 million against the target of $3485.28 million.

"The failure is due to the adverse effect of labour unrest in the garment sector in May 2006," said Fazlul Haq, president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).

However, Haq is very optimistic to achieve the export target of $4.8billion set for knitwear for 2006-07.

During the July-March period, woven garments fetched $3505.73 million against $2965.04 million in the corresponding period of the last financial year, showing 18.24 percent export growth.

Anwar-ul- Alam Chowdhury Parvez, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said if the present congenial business environment continues, the overall export performance must be improved significantly.

Frozen foods, ceramic products, handicrafts, footwear, cut flowers, agro processed goods and engineering products also registered significant increases, contributing to the overall export growth.

Exports of jute goods, pharmaceuticals, chemical fertilizer, raw jute, vegetables, tobacco, bi-cycle, tea and electronic goods declined. The products also failed to reach export targets during the period.

On month-to-month basis, the overall exports of March 2007 were 13.40 percent higher.