*Bangladesh's exports rise 14% in August to $3.38 billion*
*Apparel shipments, particularly knitwear, brought in $3.38 billion for the country*
*Following a more than 11% drop a month ago, Bangladesh's export earnings made a dramatic recovery in August, growing by a little over 14% year-on-year.*
*Apparel shipments, particularly knitwear, brought in $3.38 billion for the country, according to the Export Promotion Bureau (EPB). However, it's still behind the monthly target of $3.71 billion.*
*The EPB said that the combined earnings in July and August declined by 0.31% year-on-year, which was $6.87 billion in the same period last year and it remained 7.84% below the export target of $7.44 billion for the period.*
*Last month, the readymade garment sector saw an increase of 11.56% year-on-year, with exports totaling $2.75 billion, up from $2.46 billion the previous year.*
*However, in July and August of 2021, the apparel sector's shipping fell by 1.27% year-on-year to $5.64 billion.*
*Apart from jute and jute goods, all main industries have seen strong growth, including agriculture, leather and leather products, home textiles, frozen and live fish, engineering products, medicines, specialist textiles, and plastic products.*
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