<div><b><span style="font-size: 1rem;">Bangladesh’s export earnings in November 2023 decreased by 6.05 percent to USD $4.78 billion compared to the same month of 2022, but increased in comparison to the previous month (October), said the latest statistics of Export Promotion Bureau (EPB) released on Monday.</span><br></b></div><div><br></div><div>According to EPB, exports earned $3.76 billion in October 2023.</div><div><br></div><div>The export decrease was driven by a significant drop in shipments of ready-made garments (RMG). The RMG sector fell to $4.05 billion in November, down by 7.45 percent from the same month of last year.</div><div><br></div><div>Apparel shipments were particularly weak in the knitwear subsector, which generated $2.31 billion, down by 3.18 percent. Earnings from woven garments also fell by 12.59 percent to $1.73 billion.</div><div><br></div><div>However, the overall export earnings in 5 months (July – November) of the current fiscal year 2023-24 marked a slow growth of 1.30 percent to $22.23 billion, compared to $21.94 billion during the same period of fiscal 2022-23.</div><div><br></div><div>Analyzing EPB data found that the export of all sectors except ready-made garments among the major sectors has decreased. These include frozen foods; Leather and leather products; Jute and jute products; Agricultural processed products, home textiles, etc. According to UNB reports&nbsp;</div><div><br></div><div>bnbd24/fas</div>