Exports grew by 9.01 per cent year-on-year to $3.32 bn in May riding on the higher shipment of garment items, Export Promotion Bureau (EPB) revealed recently. However, the receipt is 1.70 per cent lower than the monthly target of $3.38 bn, according to data from the EPB. The main driver of the growth, garments exports grew by 9.77 per cent year-on-year to $28.12 bn in the first 11 months of the fiscal year. Knitwear exports rose by 11.48 per cent to $13.94 bn and woven garments exports were up by 8.15 per cent to $14.18 bn.

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