EDB adjusts 2021 export target slightly

The Export Development Board (EDB) announced the revision of the export target for 2021 to US$ 15.72 billion from the US$ 15.68 set earlier this year. 

It said that from the revised target, US$ 12.14 billion from merchandise exports and US$ 3.58 billion from services exports are expected. 

Previously the expectation was to fetch US$ 12 billion from merchandise exports and US$ 3.58 billion from services exports.

For the January-September 2021 period, earnings from exports recorded US$ 11.1 billion including the estimated services data for July to September and 70.63 percent achieved from the revised 
export target.