• Submit Story
  • Gallery
  • Members
  • Browse by Category
  • Videos
  • Top Rated Articles
  • News RSS Feeds
  • Exports fetch $27376.57mn in first 11 months of current fiscal
    Exports fetch $27376.57mn in first 11 months of current fiscal Frontier
    Frontier on Sunday, July 13, 2014
    reviews [0]
    Business [607]
    Twenty-four of the 51 Bangladesh missions abroad have failed to achieve respective export targets for the first 11 months (July-May) of the current fiscal (2013-14).



    The key Bangladesh missions like those in Washington, London, Ottawa, Tokyo, New Delhi and Canberra have failed to achieve their July-May export targets. Some other important missions –- Berlin, Paris, Madrid, Rome, The Hague and Stockholm -- have been able to reach their targets for the 11-month period.



    The overall export earnings for the July-May period of the current fiscal totaled US$ 27,376.57 million against the strategic target of $ 27,434.75 million, having 0.21 percent fall over the strategic target.



    Of the 51 Bangladesh missions, 27 met their respective export targets for the July-May period of the current fiscal (FY14), according to the latest statistics provided by the Export Promotion Bureau (EPB).



    The 27 well-performing missions are in Berlin, Paris, Madrid, Rome, The Hague, Stockholm, Brussels, Ankara, Beijing, Seoul, Cairo, Lisbon, Hanoi, Amman, Kuwait, Colombo, Doha, Muscat, Yangon, Tashkent, Manama, Thimpu, Beirut, Male, Tripoli, Brunei and Port Louis.



    Of the 24 missions that could not achieve their targets for the first 11 months of the current fiscal, exports still marked a rise for 11 of them over the corresponding period of the last fiscal (2012-13). These missions are in Washington, London, Tokyo, Riyadh, Canberra, Ottawa, Geneva, Mexico City, Moscow, Kuala Lumpur and Jakarta.



    However, 13 missions -- New Delhi, Hong Kong, Dubai, Singapore, Bangkok, Tehran, Katmandu, Pretoria, Islamabad, Nairobi, Brasilia, Manila and Rabat –- saw exports decline during the July-May period of the current fiscal compared to the same period of the last fiscal (2012-13).



    The EPB figures revealed that out of the 17 Bangladesh missions having commercial wings, only six achieved their export targets while 11 others could not reach their respective targets.



    The six missions with commercial wings, which achieved their respective export targets, are in Berlin, Paris, Madrid, Brussels, Beijing and Yangon.



    Although the remaining 11 commercial wings could not achieve the target, the earnings of eight of them still saw increase over the 2012-13 fiscal. These are in Washington, London, Tokyo, Ottawa, Geneva, Canberra, Moscow and Kuala Lumpur.



    The 26 Bangladesh missions that succeeded in achieving their targets for the July-May period of the current fiscal accounted for $ 14,143.74 million while the export earnings of the remaining 24 missions, which failed to achieve their target, totaled $ 12,527.6 million.



    The highest earnings over the 11-month period, some $ 5,146.12 million -- almost one-fifth of total exports -- were registered by the Washington mission, followed by the mission in Berlin which accounted for $ 4,575.93 million and London $ 2,856.48 million.



    The strong showing from EU member states continued with the Madrid mission fetching $ 1,461.00 million during the July-May period.



    The next was the Bangladesh mission in Italy, which earned almost $ 1,213.63 million, followed by missions in Ottawa and The Hague, with approximately $ 994.58 million and $ 1,278.23 million respectively. The New Delhi mission managed to fetch only $ 369.82 million.
                               
      Comments
    » Not yet reviewed by any member. You can be the first one to write a review.
    » You must be logged in to post a comment.
    Sponsor

    D S E










    View Office : The Daily Frontier in a larger map
    Related Articles
    Country’s exports to key destinations like Germany, UK and France posted modest growth in the first quarter (July-September) of the current fiscal (2013-14) as compared to the.... The country’s exports to key destinations like Germany, UK and France posted moderate growth in July-February of the current fiscal (2012-13) as compared to the same period of.... Export earnings from the USA, the largest export destination for Bangladesh goods, witnessed 4.95 percent growth during the first 11 months (July-May) of the last fiscal.... Country’s exports to key destinations like Germany, UK and France posted modest growth in the first eight months (July-February) of the current fiscal as compared to the same.... Twenty-five of the Bangladesh missions abroad have failed to achieve respective export targets for the first half (July-December) of the current fiscal (2013-14), mostly....
    Adsense II [728 x 90]