21 Bangladesh missions fail to achieve July-March export target
Dhaka, May 11 (UNB) - Twenty-one of the Bangladesh missions abroad could not achieve their respective export target for the first nine months (July-March) of the current fiscal year (2011-12).
The key missions like Washington, Ottawa, Berlin, The Hague, and Paris failed to achieve their export target for the period while some other important missions - London, Madrid, Rome and Brussels - have achieved their target.
The overall export earning for the nine months of the current fiscal year was US$ 17,886.06 million, which is 6.15 percent lower than the strategic target of $ 19,058.80 million.
The export earning during the last fiscal (2010-11) totaled US$ 22,924.38 million, which was 23.92 percent higher than the target of $ 18,500 million.
Of the 44 Bangladesh missions, 23 met their export targets for the July-March period of the current fiscal, according to Export Promotion Bureau (EPB) statistics.
The 23 well-performing missions are Amman, London, Rome, Tripoli, Tokyo, Beijing, Bangkok, Colombo, Brussels, Muscat, Singapore, Madrid, Seoul, Brunei, Pretoria, Nairobi, Dubai, Thimpu, Kuala Lumpur, Moscow, Manama, Kuwait and Yangon.
Of the 21 Bangladesh missions that could not achieve their nine-month target, exports still marked a rise for nine of them from the corresponding period of the 2010-11 fiscal. These missions are Washington, New Delhi, Berlin, Doha, Hong Kong, Canberra, Ottawa, Jakarta and Stockholm.
However, 12 missions - The Hague, Hanoi, Tashkent, Paris, Rabat, Riyadh, Kathmandu, Ankara, Manila, Islamabad, Tehran and Cairo - saw exports decline during the July-March period of the current fiscal compared to the corresponding period of the last fiscal (2010-11).
The EPB figures revealed that out of the 16 Bangladesh missions having commercial wings, only nine achieved the export targets set for them while seven others could not achieve the targets.
The nine missions with commercial wings, which achieved the export targets, are in London, Madrid, Dubai, Brussels, Beijing, Tokyo, Moscow, Kuala Lumpur, and Yangon.
Although the remaining seven commercial wings could not achieve the target, but earnings of five except Tehran and Paris still saw increase over the corresponding period of the 2010-11 fiscal. These are in Washington, New Delhi, Canberra, Ottawa and Berlin.
The 23 Bangladesh missions that succeeded in achieving their targets for July-March of current fiscal accounted for $ 5691.76 million while the export earnings of the rest of 21 missions, which failed to achieve their targets, totaled $ 11,722.24 million.
The highest earnings over the nine-month period, some $ 3983.56 million - almost one-fifth of total exports - were registered from the Washington mission, followed by the mission in Berlin, which accounted for $ 2,920.78 million and London $ 1,933.92 million.
The strong showing from EU member states continued with the Madrid mission fetching $ 847.61 million.
Next is the Bangladesh mission in Italy, which earned almost $ 771.98 million, followed by the missions in Ottawa and The Hague, with approximately $ 743.44 million and $ 756.08 million respectively. The New Delhi mission managed to fetch $ 386.74 million.
The key missions like Washington, Ottawa, Berlin, The Hague, and Paris failed to achieve their export target for the period while some other important missions - London, Madrid, Rome and Brussels - have achieved their target.
The overall export earning for the nine months of the current fiscal year was US$ 17,886.06 million, which is 6.15 percent lower than the strategic target of $ 19,058.80 million.
The export earning during the last fiscal (2010-11) totaled US$ 22,924.38 million, which was 23.92 percent higher than the target of $ 18,500 million.
Of the 44 Bangladesh missions, 23 met their export targets for the July-March period of the current fiscal, according to Export Promotion Bureau (EPB) statistics.
The 23 well-performing missions are Amman, London, Rome, Tripoli, Tokyo, Beijing, Bangkok, Colombo, Brussels, Muscat, Singapore, Madrid, Seoul, Brunei, Pretoria, Nairobi, Dubai, Thimpu, Kuala Lumpur, Moscow, Manama, Kuwait and Yangon.
Of the 21 Bangladesh missions that could not achieve their nine-month target, exports still marked a rise for nine of them from the corresponding period of the 2010-11 fiscal. These missions are Washington, New Delhi, Berlin, Doha, Hong Kong, Canberra, Ottawa, Jakarta and Stockholm.
However, 12 missions - The Hague, Hanoi, Tashkent, Paris, Rabat, Riyadh, Kathmandu, Ankara, Manila, Islamabad, Tehran and Cairo - saw exports decline during the July-March period of the current fiscal compared to the corresponding period of the last fiscal (2010-11).
The EPB figures revealed that out of the 16 Bangladesh missions having commercial wings, only nine achieved the export targets set for them while seven others could not achieve the targets.
The nine missions with commercial wings, which achieved the export targets, are in London, Madrid, Dubai, Brussels, Beijing, Tokyo, Moscow, Kuala Lumpur, and Yangon.
Although the remaining seven commercial wings could not achieve the target, but earnings of five except Tehran and Paris still saw increase over the corresponding period of the 2010-11 fiscal. These are in Washington, New Delhi, Canberra, Ottawa and Berlin.
The 23 Bangladesh missions that succeeded in achieving their targets for July-March of current fiscal accounted for $ 5691.76 million while the export earnings of the rest of 21 missions, which failed to achieve their targets, totaled $ 11,722.24 million.
The highest earnings over the nine-month period, some $ 3983.56 million - almost one-fifth of total exports - were registered from the Washington mission, followed by the mission in Berlin, which accounted for $ 2,920.78 million and London $ 1,933.92 million.
The strong showing from EU member states continued with the Madrid mission fetching $ 847.61 million.
Next is the Bangladesh mission in Italy, which earned almost $ 771.98 million, followed by the missions in Ottawa and The Hague, with approximately $ 743.44 million and $ 756.08 million respectively. The New Delhi mission managed to fetch $ 386.74 million.
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