Bangladesh aims to increase export earnings in FY 2020-21 to $41 billion including $33.79 billion from export of ready-made garment products. As per data released by the Export Promotion Board, Bangladesh's export earnings in the first quarter of the 2020-21 fiscal year grew by 2.58 percent year on year to nearly $10 billion. The country earned a total of $9,896.84 million from exports in July-September, compared to $9,647.99 million in the same period a year earlier.

Of its total earnings, the country's income from ready-made garment items, including knitwear and woven, stood at $8.13 billion during the July-September period of the current fiscal year. In the first quarter of the current 2020-21-year, export of knitwear garments increased by 7.04 percent to $4.46 billion while those of woven garments fell by 5.78 percent to $3.66 billion dollars, comparing with the same period of last fiscal year.

The country's export sector is limping back to normalcy after suffering serious blows in the last fiscal year owing to COVID-19 impacts. Its export earnings in the past financial year 2019-20 sank about 17 percent to $33.67 billion, the lowest since the 2014-15 fiscal year.