Export earnings register 2.01pc growth in July-May

The country's export earnings witnessed a 2.01 percent growth in the first eleven months from July to May of the current fiscal 2023-24 (FY24) raising the total volume to US$ 51.54 billion.

During the July-May period of the last fiscal, the total export earning was $50.53 billion, reports BSS.

According to data released by the Export Promotion Bureau (EPB), the overall earnings stood at $4.07 billion in May.

The apparel sector, the country's lion shareholder, earned up by 2.86 percent year-on-year to $ 43.85 billion during the July-May of the fiscal 2023-24 from $42.63 billion during the same period of the fiscal year 2022-23.

The export of knitwear was $ 24.70 billion, with an increased growth of 6.15 percent, while woven garments $ 19.14 billion, with a declined growth of 1.09 percent.