32 Bangladesh missions meet export target
Thirty-two out of 57 Bangladesh missions abroad successfully achieved their respective export targets in the first half of the current fiscal year (2017-18), according to the Export Promotion Bureau (EPB).
The key Bangladesh missions like Brussels, New Delhi, Canberra, Ottawa, London, Madrid, Washington, Athens, The Hague, Muscat, Manama, Warsaw, Riyadh, Lisbon, Rome, and New York achieved their export targets in the July-December period of FY18.
Some other missions, like Berlin, Tokyo, Paris, Moscow, Stockholm, Beijing, Yangon, Geneva, Hanoi, Vienna, Copenhagen, and Ankara, however, failed to attain their six-month export target.
The overall export earnings for the period amounted to $17,916.02 million against the strategic target of $17,875 million, showing a slight growth of 0.23 percent.
Of the 57 Bangladesh missions, 25 missions could not meet their respective export targets set for the six-month period, according to the latest statistics provided by the EPB.
The 32 well-performing missions abroad are in Brussels, New Delhi, Canberra, Ottawa, Tehran, London, Madrid, Washington, Athens, Brasilia, Hong Kong, Nairobi, Kuwait, Amman, Male, Port Luis, Mexico City, The Hague, Muscat, Manama, Warsaw, Riyadh, Cairo, Tripoli, Doha, Pretoria, Lisbon, Rome, Thimphu, Islamabad, Tashkent and New York.
Out of the 25 Missions, which missed the export target, the export growth of 12 Missions -- Berlin, Tokyo, Singapore, Kuala Lumpur, Paris, Moscow, Manila, Jakarta, Stockholm, Rabat, Katmandu and Colombo -- was higher than that of the corresponding period of the previous year.
The export growth of the remaining 13 Missions -- Beijing, Yangon, Dubai, Geneva, Beirut, Seoul, Baghdad, Hanoi, Vienna, Copenhagen, Darussalam, Bangkok and Ankara -- was lower than that of the corresponding period of the previous year.
The EPB figures revealed that out of the 18 Bangladesh missions having commercial wings, only eight have achieved their export targets while 10 others could not achieve their respective targets.
The eight missions with commercial wings, which achieved their respective export target, are Brussels, New Delhi, Canberra, Ottawa, Tehran, London, Madrid and Washington.
Although the 10 commercial wings could not attain their July-December export target, the growth of 6 commercial wings -- Berlin, Tokyo, Singapore, Kualalampur, Paris and Moscow -- was higher than that of the corresponding period of the previous year.
The export growth of the remaining 4 Commercial Wings -- Beijing, Yangon, Dubai and Geneva -- was lower than that of the corresponding period of the previous year.
Of the highest earnings over the July-December period, $3,145.17 million, almost one fifth of the total exports, were registered by the Berlin mission, followed by some $2,934.88 million by the Washington mission, and London $2,069.93 million.
The strong showing from EU member states continued with the Madrid mission fetching $1,229.47 million during the six-month period of this fiscal year. The next was the Bangladesh mission in Italy, which earned almost $801.99 million, followed by missions in Ottawa and The Hague, with approximately $541.33 million and $635 million respectively.
The New Delhi mission managed to fetch only $361.91 million.
