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Tuesday, April 16, 2024

FY16- Bangladesh earns Tk 73 bn in jute exports

According to recent reports, Bangladesh has earned close to Tk 72.94 bn (USD 912 Million) in the fiscal year of 2015-16 by exporting approximately 1.96 million bales of jute and related products. This amount is about Tk 8.75 billion more than the amount earned in the last fiscal year.

The Bangladesh earned close to Tk 10.54 billion on exports of 1.14 million bales of jute. According to Muhammad Imajuddin Paramanik, for about Tk 62.40 billion was earned by exporting 825,000 bales of jute products during the same time. Bangladesh earned Tk 64.18 billion by exporting 1.8 million bales of jute and jute items in fiscal 2014-15. Over a million bales of jute fetched Tk 8.16 billion during this period and the remaining Tk 56 billion was earned by exporting related goods.

The Minister said that the jute of Bangladesh is exported to about 13 countries including; Pakistan, China, India, Nepal, UK, Russia, Vietnam, Ivory Coast, Djibouti, Brazil, the Philippines, the Us and El Salvador. While that of the jute products of Bangladesh are exported to about 118 different countries of the world.

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