Bangladesh’s exports have suffered greatly over the past two years as a result of international issues. The political climate in the nation has once again hindered exports in the past year. For a number of months, workers have also been unhappy. The gas crisis has peaked. The government’s recent decision to raise gas prices has industrialists alarmed. Exports have been rising for six months in a row despite these obstacles.

In February, exports rose 3% over the same month the previous year. However, during the first seven months of the fiscal year, which ran from July to February, exports rose by roughly 11%.

The updated data released by the Export Promotion Bureau (EPB) on Monday says that the income from exports of goods in February was $3.97 billion. Usually, the amount of export income received every month is less than that in February.

This is because, as the month is 28 days long, production and export activities are closed for at least two days. If we take into account the calculation of a 31-day month, production is less by 3 days. Usually, an average of $4.5 billion worth of goods is exported every month. Accordingly, $150 million worth of goods are exported per day. As a result, at least $300 million less goods were exported in February than in the previous 30-day month. In addition, some factories have stopped production and exports. This has also affected the export picture.

Despite some lower exports in February, exports in the first seven months of the fiscal year increased by 10.53 percent compared to the same period of the previous fiscal year. The total amount stood at $3,294 million. Which was $2,981 million earlier. That is, exports increased by $3.13 billion in the last seven months compared to the same period of the previous fiscal year.

As is customary, the ready-made clothing industry saw strong growth in export revenue during the first eight months of the current fiscal year, which ran from July to February, according to EPB data. Moreover, among the noteworthy industries, exports of leather and leather products, agricultural goods, home textiles, frozen fish, and plastic products have grown.

$50 billion has been set as the export goal for the current fiscal year, a 12.44% increase over the previous one.