Bangladesh cement exports rise by 24% in 11MFY17-18

Bangladesh's cement industry export revenues saw a growth of 24.01 per cent during the first 11 months of FY17-18 (July 2017-May 2018), says data released by Export Promotion Bureau (EPB).
 
The country exported cement and other materials worth of US$11.88m during the 11MFY17-18, compared to US$9.58m earned in the year-ago corresponding months. This represent a growth of over 24 per cent in exports YoY with India being the main destination for cement exports.
 
The export figure also includes a minor amount of salt, stone and related products, but the country's export promotion bureau has welcomed the rise in cement exports. The figure substantially exceeds the government’s export target by 14.34 per cent for this period.
 
Bangladesh has set an export target of US$11.5m for the FY 2017-18 as compared to US$10.79m for the previous fiscal year.