Ministry Of Commerce: Bangladesh Only Performs Well In Garment And Leather Exports

According to the Bangladesh Export Promotion Bureau (EPB), due to the high inflation caused by the conflict between Russia and Ukraine, the global demand for non clothing products declined. Only clothing and leather and leather products, the two main export products of Bangladesh, performed well in the first half of fiscal year 2023. Other goods with good export momentum in the past few years began to shrink. For example, the export revenue of household textiles in fiscal year 2022 is 1.62 billion US dollars, up 43.28% year on year; However, the export revenue of the industry from July to December in the 2022-2023 fiscal year was 601 million dollars, down 16.02%. Bangladesh's export revenue of frozen and live fish was 246 million US dollars from July to December, down 27.33%.