Export to China jumps 17pc

Dhaka,  Thu,  24 August 2017
Published : 15 Jul 2017, 12:11:28 | Updated : 15 Jul 2017, 12:13:15
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Export to China jumps by 17pc in fiscal year '17

FE Online Report
Country’s merchandise export to China jumped by 17.48 per cent in the last fiscal year (FY17).

Latest statistics, released by the Export Promotion Bureau (EPB), revealed that export to China stood at $949.41 million in FY17 while the amount was $808.14 million in FY16.

According to the EPB disclosure, export to China jumped by four times in eight years.

In FY10, Bangladesh export to China was only $180 million.

China provides a very wide preferential treatment to Bangladeshi products with some zero-tariff access.

The preferential market access contributes significantly to boost the export to China.

Over the years, Bangladeshi exports to China continue to rise without any big disruption.

- AK
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