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Bangladesh sets $72bn export target for FY24

 Published: 15:35, 12 July 2023

Bangladesh sets $72bn export target for FY24

The Bangladesh government has fixed an annual goods and service export target of $72 billion for the current financial year (FY 2023-24), projecting an 11.59% year-on-year growth.

Commerce Minister of Bangladesh, Tipu Munshi announced the target at a press conference on Wednesday at his secretariat office in Dhaka.

Of the targeted amount, $62 billion has been fixed for merchandise shipment, up from $55.55 billion in the last fiscal year.

Export target for services for 2023-24 has been set at $10 billion, an increase of 11.11% from $9 billion in FY23.