Export | The Daily Star
  • Export growth of Bangladesh in 2019

    Double-digit export growth in FY19

    The country’s merchandise export earnings grew by 10.55 percent year-on-year to $40.53 billion in the immediate past fiscal year riding on a high volume of garment shipment in a favourable external business environment.

  • Containers pile up at Ctg port

    Import-laden containers are piling up at Chattogram port mainly due to slow delivery as operations of factories and vehicular movement are yet to return to normalcy following the Eid vacation.

  • Gold import cost to drop under baggage rules

    The government may relax the baggage rules from next fiscal year to facilitate travellers to bring in gold bars and jewellery through the formal channel as it looks to curb smuggling.

  • Cash incentive inadequate

    The government’s proposal to increase cash incentive by one percentage point for exporters is insufficient to jumpstart shipments from many sectors, said leaders of different trade bodies.

  • Bangladesh becoming major importer of US nuts

    Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage industry, said a report by the US Department of Agriculture (USDA). “Consumers’ attitude towards nut consumption

  • Exporters may get more cash incentives

    The government mulls over increasing the cash incentive for exports by one percentage point as it looks to motivate exporters to leverage the sudden opportunities presented by the US-China trade war. Currently, 26 sectors are provided with cash incentives ranging from 2 percent to 20 percent of their export

  • Bangladesh Ready Made Garments

    Apparel export to US thrives on trade war

    Apparel exports to the US, Bangladesh’s single largest export destination, jumped 15.57 percent to $1.63 billion in the first three months of the year, which the exporters and experts attributed to the ongoing trade war between the US and China. Ready made garments was not in the list of the items

  • Exports fetch $3b in April

    Exports grew 2.69 percent year-on-year to $3.03 billion in April riding mainly on the higher shipment of apparel items, official data showed yesterday. Last month’s receipts, however, fell short of the government’s monthly target of $3.08 billion by 1.52 percent.

  • Vietnamese mangoes to be exported to US

    After 10 years of negotiations, Vietnamese mangoes have been licensed for export to the US.

  • All export, import items to be scanned : Kamal

    All the export and import consignments would be scanned before clearance to curb duty evasion, said Finance Minister AHM Mustafa Kamal yesterday.

  • Export source tax cut effective from Jan 1: NBR

    Banks will have to deduct 0.25 percent source tax on exports of apparel and other items, except for jute goods, with effect from the first day of January, said the National Board of Revenue (NBR) recently.

  • Bangladesh ranked 41st largest economy in 2019

    Bangladesh 2nd largest economy in South Asia

    Bangladesh has been ranked 41st among the largest economies in the world in 2019, up from the 43rd position since last year, according to an analysis by a UK based think tank.

  • Shrimp exporters stare at bleak future

    Shrimp processors finished the first half of fiscal 2018-19 amid lower export receipts than a year earlier, with a revival in fortunes progressively looking unlikely in the second half, said exporters yesterday.

  • Export Policy 2018-2021

    Govt eyes $60b exports in 3 years

    The government has come up with a host of incentives including low-interest loans under the new export policy to facilitate receipts

  • Ctg port bears brunt of transport strike

    Turnaround time at the Chattogram port has sharply increased because of a recent two-day countrywide transport strike, leading to vessel congestion and cancellation of berthing schedules.

  • Pran bags $5.25m export orders at Paris fair

    Leading food processor Pran has bagged export orders worth around $5.25 million at Sial Food Fair, one of the largest food exhibitions in the world.

  • Export of agro-processed foods to hit $1b by 2021

    Bangladesh's export of agro-processed foods may cross $1 billion in the next three years and the country has a bright prospect in the sector, a platform of agro-processors said yesterday.

  • World top beef exporter.

    US top beef exporter of the world

    Beef exports of the US accounted for 12.9 per cent of total production in 2017. Although India has banned the slaughtering of cows and consumption of beef in many parts of the country, it is among the top exporters of beef in the world.

  • Exports to China drop 27pc

    Bangladesh's exports to China—one of the most promising Asian markets—fell 26.79 percent year-on-year to $694.97 million in 2017-18.

  • Exports off to a good start

    Exports started fiscal 2018-19 on a bright note, fetching $3.58 billion in July, which is 19.73 percent more than a year earlier.

  • Halal exports hold great potential

    Bangladesh has the potential to be a major player in the global halal market if given the right support and market development initiatives, said Abul Kasem Khan, president of the Dhaka Chamber of Commerce and Industry.

  • Export target: $39b

    The government yesterday set $39 billion as the merchandise export target for the current fiscal year, which is 6.36 percent higher than the immediate past fiscal year's achievement of $36.66 billion.

  • Bangladesh remains the second biggest apparel exporter

    Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5 percent share of the market, according to data from the World Trade Organisation (WTO).

  • Export stars to be awarded today

    The government will honour 63 companies today with export trophies for their extraordinary performance in fiscal 2014-15.

  • Caustic soda export to India comes to a halt

    The export of caustic soda to India has remained suspended for the last three months after New Delhi ruled the chemical will not be allowed to enter the country without the certification from its standards authority.

  • Golden days beckon for jute

    Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment.

  • Govt plans Tk 10,000cr fund for jute sector

    The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.

  • Pay more for apparel, Tofail tells retailers

    Commerce Minister Tofail Ahmed yesterday urged the international clothing retailers and brands to increase the prices of Bangladeshi garment items as the local manufacturers improved compliance spending billions of dollars.

  • VAT waiver widens for ship importers

    The revenue administrator has raised the age limit for VAT-free import of ships by seven years to 22 years in an effort to accelerate growth of oceangoing ships industry.

  • Fire at Benapole port burns 12 goods-laden trucks

    At least 12 trucks carrying imported goods from India are gutted as a fire breaks out at a truck terminal of Benapole land port in Jessore.

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