Bangladesh earns 1.4 bln USD from services export in Q1

Source: Xinhua| 2018-11-20 16:31:49|Editor: Lu Hui
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DHAKA, Nov. 20 (Xinhua) -- Bangladesh's total services export income in the first three months of the current fiscal year 2018-19 (July 2018-June 2019) surged 55.52 percent year-on-year to 1.41 billion U.S. dollars, an official said on Tuesday.

The official from Export Promotion Bureau (EPB) told Xinhua that the country earned a total of 1,409.47 million U.S. dollars from exports during July-September, compared to 906.3 million U.S. dollars in the same period a year earlier.

Citing the EPB data, the official who did not like to be named said that Bangladesh exported transport services worth of 190.18 million U.S. dollars in July-September, up 119.30 percent against the exports of services worth of 86.72 million U.S. dollars in the same period a year earlier.

Among other sectors of services export, telecommunication and information services had an impressive performance in the first quarter of this fiscal year when the sector grew 66.44 percent year-on-year to 149.18 million U.S. dollars.

Bangladesh set its services export target in 2018-19 fiscal year at about 5 billion U.S. dollars.

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