Bangladesh earns Tk 73 bn in jute exports in FY16

01 Mar '17

2 min read

Bangladesh has earned close to Tk 72.94 billion in the fiscal 2015-16 by exporting 1.96 million bales of jute and jute products. This amount is about Tk 8.75 billion more than the amount earned by exporting these products in the previous fiscal. The total jute production of the country during the financial year 2015-16 was 8.25 billion bales.

Bangladesh earned close to Tk 10.54 billion in the said fiscal on exports of 1.14 million bales of jute. About Tk 62.40 billion was earned by exporting 825,000 bales of jute products during the same time, said Muhammad Imajuddin Pramanik, textiles and jute minister of Bangladesh in a reply to a query raised in Parliament.

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 jute goods, said media reports quoting Pramanik.

In a reply to another query, the minister said that Bangladesh exports jute to about 13 countries – India, Pakistan, China, Nepal, the UK, Russia, Vietnam, Ivory Coast, Djibouti, Brazil, the Phillippines, the Us and El Salvador. Bangladesh exports jute products to about 118 countries. (KD)

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