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Exports fall 5pc shot of mark in 7 month

By Monjur Mahmud
The country's exports fetched US$ 3L87;B1 million during the July-January period of the current fiscal year, which is some $159.36 million or five per cent short of the $3347.17 million target.
The seven-month export earnings were, however. 7 per cent higher from the same period of the last fiscal.
"Except for frozen foods and leather, major exportable including readymade garments (RMG). knitwear, raw jute. Jute goods and chemical products failed to achieve theft respective targets despite a higher performance if compared to the last year's same period," said an official of the Export Promotion Bureau (EPB).
In January, exports brought $443.21 million against the average monthly target of $478.17 million.
During the first seven months of this fiscal, the total export volume rose by 6.62 per cent while the price index increased by 0.32 per cent, the official added.
The industrial sector performed better with both the volume and price index of the products increasing by 6.76 per cent and 0.78 per eent respec-
tlvely. 0^ the other band, while the volume of-the primary products rose by 5.39 per cent their price Index dipped by 4.80 per cent during the period.
RMS exports fetched $1744.73 million, which is 3.52 per cent short of the target-Ttys showed a meagre 1.49 per ceni rise from the corresponding period of the last fiscal year
Knitwear worth $670.27 million were exported against the $700 million target during the period, showing a 4.25 per cent drop from the goal but 23.91 per cent rise from last fiscal year's corresponding period.
Frozen foods worth $191.06 million were exported during the period under review, which is 10.65 per cent up from the target and 12.53 per cent higher from last fiscal s same period
Jute goods worth US$ 169.52 million were exported against . the $180.83 million target. The earning is 6.25 per cent less than the mark but up by 7.47' per cent when compared with last fiscal's corresponding period. Its unit price declined by 1.31 per cent while the export volume increased by 8.54 per cent. . .
Leather earned 3110.124nU-lion during the period -- a 4.88 . per cent rise from the target" and ~
23.’27 per cent jump from financial year's parallel pe
The country exported ch cal products worth $46.69 Hon during the period ag< Ihe $56 million target, wit unit price surging by 11.62 cent and the volume dippin 15.93 per cent.
During the period, raw worth $37.20 million was ported against the target ol million, which is 11.43 per less than the target and 5.3f cent higher than last fis< same period. Its export vol was down by 2.01 per cen though the unit rate jumpe 7.55 per cent.
Tea export nosedived ’ $10.49 million worth of tes ported during the period ag< the target of $23-33 mill This shows a drastic 55.04 cent fall from the export ts and 64.26 per cent short ol year s same period. The i price and export volume ol also dipped by 13.95-per < and 58.29 per cent respec th
Earnings from handici were $2.93 million against $5.83 million target. This Shows a big 49.74 per cent from the target and 6.39 cent from the correspom period of FY 1999.