Home / Knowledge / News / Textiles / BJMC bags bulk jute export orders from southeast Asia
BJMC bags bulk jute export orders from southeast Asia
24
Feb '12
Bangladesh Jute Mills Corporation (BJMC) has received export orders for 30,000 bales of raw jute and jute products from Thailand and 5,000 bales of raw jute from Vietnam, BJMC Chairman TD Mitra has said.

Bangladesh, till now exported jute and jute items to 40 countries, which includes new markets in Africa and Asia, and now Vietnam and Thailand are the two new additions to the list.

Bangladesh jute industry has been facing tough times due to the setback suffered in exports following turbulences in the Middle East and North Africa. Jute exports to Syria discontinued, while that to the Middle East and North African nations almost reduced to half.

However, new markets like Vietnam, Thailand and some other African nations has helped in easing the setback, and with a rise in export volumes, the country is likely to achieve its jute export target of 220,000 tons fixed for the current fiscal, Mr. Mitra said.

As per Export Promotion Bureau (EPB) data, with an 82 percent year-on-year rise in raw jute exports and 38 percent y-o-y jump in exports of jute items, Bangladesh's earnings from jute exports, for the first time, have crossed the US$ 1 billion-mark.

Bangladesh's jute exports during the first seven months of the current fiscal year that began on July 1, 2011, stood at 100,000 tons, the BJMC Chairman said.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search