Bangladesh's cement industry earned export revenues of US$8.8m during the first eight months of FY17-18 (July 2017-February 2018), compared to US$5.93m earned in the year-ago corresponding months, reports the Export Promotion Bureau (EPB). This equates to a 49 per cent increase in exports YoY with India 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 appreciated the rise in cement exports. The figure substantially exceeds the government’s export target by 17.65 per cent for this period.
Bangladesh sets an export target of US$11.50m for the FY2017-18 as compared to US$10.79m for the previous fiscal year.
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