March 8, 2017 / 7:20 AM / 4 months ago

Bangladesh February exports fall 4.5 pct y/y

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DHAKA, March 8 (Reuters) - Bangladesh's exports in February fell 4.5 percent from a year earlier to $2.7 billion, the Export Promotion Bureau said on Wednesday, 9 percent below the government's monthly target.

For July-February, the first eight months of the country's 2016-17 financial year, exports rose 3.2 percent to $22.8 billion from a year earlier, the bureau said.

Shipments of readymade garments, comprising knitwear and woven items, totalled $18.6 billion in July-February, up 2.8 percent from a year earlier.

Exports in the last financial year that ended in June 2016 hit a record $34.24 billion, up 9.7 percent from the previous year, on the back of stronger garment sales. (Reporting by Ruma Paul; Editing by Jacqueline Wong)

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