<div><span style="font-size: 1rem;"><b>Bangladesh earned $4.85 billion by exporting goods in May, which saw an increase of 26.61 percent year-on-year.</b></span><br></div><div><br></div><div>The country had earned $3.83 billion from exporting goods in May 2022.</div><div><br></div><div>Amid the foreign exchange crisis, the export sector brought good news for forex reserves.</div><div><br></div><div>In April this year, worries surfaced about the export of goods because suddenly the export decreased by 16.5 percent to $3.96 billion. But in May exports increased by $890 million, according to Export Promotion Bureau (EPB) report released on Sunday.</div><div><br></div><div>The report revealed that in the first 11 months (July-May) of the current fiscal year 2022-23, products worth $50.52 billion were exported.</div><div><br></div><div>This export is 7.11 percent higher than the same period of last financial year. In the first 11 months of the last financial year, the exports were worth $47.17 billion.</div><div><br></div><div>According to EPB data, exports of leather and leather products, non-leather footwear and plastic products have so far increased in the current fiscal year, along with ready-made garments.</div><div><br></div><div>However, exports of jute and jute products, home textiles, frozen food, agro-processed food, and engineering products declined.</div><div><br></div><div>In the first 11 months of the current financial year, exports of ready-made garments were worth $42.63 billion. This income is 10.67 percent higher than the same period of the last financial year 2021-22.</div><div><br></div><div>On the other hand, the second highest export item was leather and leather products worth $1.12 billion.</div><div><br></div><div>In this case, the growth is 42 percent. The third highest exported products are home textile products worth $1.02 billion. The export of this sector decreased by 30 percent. - UNB</div><div><br></div><div>bnbd24/fas</div>