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

Textiles | On 18th Aug 2017

Turkey imposes temporary duty on POY from 7 countries

Turkish ministry of economy has announced imposition of provisional...

Textiles | On 18th Aug 2017

GST return filing deadline for transitional credit

For businesses who want to avail the transitional input tax credit...

Apparel/Garments | On 18th Aug 2017

AEPC wants clarity on minimum wages for garment sector

The Apparel Export Promotion Council (AEPC) has urged the Indian...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search