Exports in April stood at $3.01 billion, reflecting a modest year-on-year growth of 0.86%
Representational image. Photo: Collected
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Representational image. Photo: Collected
April recorded the lowest export earnings in the past 10 months (July to April) of the current fiscal year 2024-25 (FY25), with exports totaling a little over $3 billion.
Exporters attribute this decline primarily to factory closures during the Eid vacation and gas supply crisis in industries.
According to data from the Export Promotion Bureau (EPB) released today (5 May), exports in April 2025 stood at $3.01 billion, reflecting a modest growth of 0.86% compared to April of the previous fiscal year.
However, this was the lowest monthly export figure so far in the current fiscal year. EPB data shows that the previous lowest was in September, when goods worth $3.52 billion were exported.
In contrast, exports in the last March reached $4.25 billion.
Despite the decline in April, year-on-year growth in the July to April period was over 10%.
Speaking to The Business Standard, Mahmud Hasan Khan Babu, managing director of Rising Group, a leading apparel exporter, said, “In April, there was a long Eid vacation lasting over eight days. On top of that, factories in the textile and garment sectors have been facing a severe gas crisis, which disrupted normal production.”
“These two factors contributed to the decline in exports,” said Babu, who is also a former vice president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).