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Investor Presentaiton

Independent Review of RBD Bangladesh's Development Volume-driven Export Earnings Table: Stylised Data on Bangladesh's Export FY22 & FY21 (July-May) Export Major export FY22 (July- FY21 (July- Net export Net export growth (July-May (July-May (in billion USD) Net export growth items May) May) (in %) FY22) FY21) (in %) RMG 38.52 28.56 34.9 18.56 13.73 35.2 Knitwear 20.99 15.36 36.6 11.54 8.45 36.6 Woven garments 17.54 13.20 32.8 7.01 5.28 32.8 Non-RMG 8.65 6.62 30.7 7.35 5.65 30.2 Total 47.17 35.18 34.1 25.90 19.37 33.7 Source: Estimated from EPB (n.d.) Note: For calculating net export, below-mentioned weights were considered for the export items: Knitwear: 0.55, Woven garments: 0.4, Home Textiles: 0.6, Other Non-RMG products except Home textiles: 0.9 While export growth has been robust at 34.1 percent over the first 11 months of FY2021-22, from foreign exchange retention perspective, estimation of net export as against gross export is important. The two figures for FY2021-22 (July-May) are estimated to be USD 25.90 billion and USD 47.17 billion respectively (net export being about 55.0% of gross export). The slowdown in export growth in May, 2022 in the face of lower growth and even signs of recession in some of the key markets, do not augur well for export sector performance in the coming months. CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading) 82
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