The market value increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other global leaders experienced more modest paces of growth. Diversification: World Jute production, actual and projected (2010) Jute Policy : Ready prices (1996-2001) of varieties of jute goods: Jute News: FAQ In value terms, the largest jute importing markets worldwide were Pakistan ($49M), India ($40M) and Nepal ($23M), with a combined 56% share of global imports. All Rights Reserved. In value terms, jute exports stood at $213M (IndexBox estimates) in 2018. Ltd. Company. Figure: Bangladesh’s export earnings from jute and jute goods posted an 8.10% growth to $882.35 million in Fy20. Welcome to the official Facebook Page of the Bangladesh Jute Goods Exporters Association (BJGEA) In the other countries, the average annual rates were as follows: India (-1.2% per year) and Pakistan (-4.8% per year). There were significant differences in the average prices amongst the major importing countries. (Islam, 2017) The study on the marketing channel of jute is useful for all persons involved in performing marketing functions. The countries with the highest volumes of jute consumption in 2018 were India (2.1M ton), Bangladesh (1.4M ton) and Pakistan (91K ton), with a combined 90% share of global consumption. In value terms, Bangladesh ($158M) remains the largest jute supplier worldwide, comprising 74% of global exports. In that year, global jute production reached its peak volume of 3.9M tons. The countries with the highest volumes of jute production in 2018 were India (2.1M tons) and Bangladesh (1.6M tons), with a combined 93% share of global production. Because of the measures taken by the Government, exports of jute and jute products have been steadily increasing for several months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 295K tons of jute and jute-like fibers were imported worldwide; jumping by 8% against the previous year. Commodity-wise export receipts (Excluding EPZ) In classification of Export Receipts by Commodities it is revealed that Exports Receipts in the quarter Apr.-Jun.,2020 decreases in Readymade Garments by Tk. This page provides the latest reported value for - Bangladesh Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Germany, while the other global leaders experienced more modest paces of growth. Here is a summary of the report’s key findings. The country earned lot of Foreign currency from jute & jute process products, The present government of Bangladesh has taken lot of steps Jute cultivation & production of jute & jute processing products & all for this Bangladesh gained good success in Jute products earnings. 3. Consignment wise export permit issued by the Bangladesh Tea Board for export of tea. Rawhide & its products, shoe: Bangladesh abounds in cow, buffalo, and goat. Jute is a major industry in Bangladesh and in 1947-1948 made up 80 percent of the exports from East Bengal. Over the period under review, global jute imports reached their maximum at $342M in 2011; however, from 2012 to 2018, imports remained at a lower figure. After the Independence of Bangladesh, the government nationalized major jute mills under the Bangladesh Jute Mills Corporation. The pace of growth was the most pronounced in 2010 an increase of 58% year-to-year. Pakistan (91K tons) and India (64K tons) represented the largest importers of jute and jute-like fibers in 2018, amounting to near 31% and 22% of total imports, respectively. and Bangladesh (-117.5 p.p.) In value terms, jute imports amounted to $197M (IndexBox estimates) in 2018. Bangladesh produces, as of 2018, 33 percent of the total worldwide production of jute. The pace of growth was the most pronounced in 2010 with an increase of 48% against the previous year. From 2017 to 2018, global jute production growth remained at a somewhat lower figure. In value terms, India ($1.2B), Bangladesh ($899M) and Pakistan ($70M) were the countries with the highest levels of market value in 2018, with a combined 79% share of the global market. A government project titled ‘Advanced Technology Based Jute and Jute Seed Production and Expansion’ is currently being implemented in 230 upazilas of 46 districts of the country, with a view to increasing the production of quality jute and achieve self-sufficiency in jute seed production by 2023. From its inception Textile Today has already created a good impression and strong reputation in global market. Export earnings from Jute Products increased 40 percent 2020-21 fiscal years in Bangladesh, Indo-Vietnam Business Fourm 2020: Tourism, DME to organize three-day mega virtual Media Fest ‘Vritika-2020’, Bangladesh telecommunication industry fifth largest in Asia- Pacific, Pak High Commissioner paid a Courtesy call on the Bangladesh State Minister for Foreign Affairs. Approval of the Ministry of Industries in the case of export of Urea fertilizer produced in all factories except KAFCO. The most prominent rate of growth was recorded in 2010 an increase of 38% year-to-year. In 2018, the country with the highest price was Kenya ($1,572 per ton), while Malaysia ($131 per ton) was amongst the lowest. Jute and its products have a great impact on the economy of Bangladesh. In that year, global jute production reached its peak level of $2.9B. Overall, jute exports, however, continue to indicate a slight drop. Technology: All-Indaia Area, Production and Yield of Jute and Mesta. In 2018, the country with the highest price was Cote d’Ivoire ($1,097 per ton), while China ($501 per ton) was amongst the lowest. Exports from Bangladesh decreased at an average annual rate of -8.0% from 2007 to 2018. From 2012 to 2018, the growth of the global jute market remained at a somewhat lower figure. … From 2007 to 2018, the share of Belgium and Malaysia increased by +1.7% and +1.5% percentage points, while India (-5.4 p.p.) Jute was historically a major export item of Bangladesh but has declined since the 1970s. Over the period under review, the average import prices for jute and jute-like fibers reached their maximum at $819 per ton in 2016; however, from 2017 to 2018, import prices failed to regain their momentum. The global exports peaked at 643K tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum. The following exporters – Tanzania (12,710 tons), Belgium (10,536 tons), Kenya (8,787 tons) and Malaysia (4,638 tons) – together made up 13% of total exports. ERC for jute, jute goods and tea. The company ECO-JUTEX is 100% export-oriented and solely dedicated for the development, promotion, and export of Jute & Jute goods. Because of the measures taken by the Government, exports of jute and jute products have been steadily increasing for several months. We deliver data Online, by email and by CD in Excel. The following importers – Germany (8,103 tones), the UK (6,147 tones), Cote d’Ivoire (5,799 tons), Brazil (5,503 tones) and South Korea (4,465 tones) – together made up 10% of total imports. Nepal recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other global leaders experienced more modest paces of growth. The most prominent rate of growth was recorded in 2011 when production volume increased by 24% year-to-year. IndiaStat.Com - Find the latest data statistics of selected month-wise total exports of jute manufacture, actual export of jute goods and dispatches of gunnies from mills for export purpose in india (1999-2000 to 2008-2009) The total output volume increased at an average annual rate of +1.8% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. In that year, the global jute market reached its peak level of $2.9B. This country exports Jute in the USA, UK, Russia, Japan, Pakistan, Germany, India, etc. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +4.3% over the last eleven years. “More Masks than Jelly Fish”; Environmentalists worrying over Covid-19 waste in... Former PM Khaleda Zia sentenced to seven years in jail, Children are Real Victims of Conflicts and Wars. A … Nepal (41K tones) took the next position in the ranking, followed by China (31K tons). The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government. So, this nation is exporting rawhide and its products. Bangladesh’s top 10 exports are Knitted or Crocheted Apparel & Clothing, Not Knitted or Crocheted Apparel & Clothing, Other made-up Textile Articles, Footwear, Other Vegetable Textile Fibres, Fish & Crustaceans, Articles of Leather, Headgear, Raw Hides & Skin and Tobacco as per Bangladesh export statistics. Based on 2018 figures, jute export price decreased by -11.1% against 2016 indices. Courtesy: Collected. The most prominent rate of growth was recorded in 2010 with an increase of 59% year-to-year. Global exports totaled 291K tons in 2018, increasing by 5.7% against the previous year. Statistics says The export earnings from jute and jute products have increased by nearly 40 percent in the current 2020-21 fiscal year of Bangladesh. Other relatively small destinations (in ascending order of export earnings) are Pakistan, Sudan, Egypt, Iran, Indonesia, Uzbekistan and the USA. The average jute export price stood at $734 per ton in 2018, therefore, it remained relatively stable against the previous year. Jute is exported to 136 countries and territories. The general positive trend in terms of jute output was largely conditioned by mild growth of the harvested area and a modest increase in yield figures. The following exporters – Tanzania (12,710 tons), Belgium (10,536 tons), Kenya (8,787 tons) and Malaysia (4,638 tons) – together made up 13% of total exports. Bangladesh dominates jute exports structure, reaching 229K tonnes, which was near 79% of total exports in 2018. The most prominent rate of growth was recorded in 2016 when imports increased by 17% y-o-y. 3.9M tons of jute and jute-like fibers were produced worldwide; picking up by 2.4% against the previous year. Export Promotion Bureau (EPB) data shows, Bangladesh exported jute and jute goods worth nearly $920 million in fiscal year 2015-16. Jute and jute goods export maintained a steady growth as the country earned $66.18 crore in the first seven months (July-January) of the current fiscal year (FY2017-18), which is 17.36% up from the previous fiscal (FY2016-17). Jute Industry in Bangladesh is an industry that is historically and culturally important that once was the biggest industry in the region but has declined since then. Bangladesh earned $791.3 million from the export of jute and jute products in the first ten months (July-April) of the current fiscal year 2019-20, 14% higher than the earnings during the corresponding period of the previous fiscal year. The average jute import price stood at $669 per ton in 2018, going down by -7.9% against the previous year. In value terms, jute production totaled $2.7B in 2018 estimated in export prices. STATISTICAL INFORMATION ON JUTE YARN & TWINE SECTOR JUTE THE NATURAL FIBER. The pace of growth was the most pronounced in 2011 when the market value increased by 18% year-to-year. Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018. Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018. The total output value increased at an average annual rate of +1.8% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. India’s GDP on Record Fall; On the Verge to Snoop Low Even below Bangladesh, Norway has shown interest to invest in the ship recycling in Bangladesh, भारत में नौकरी का हाल बेहद ख़राब होता जा रहा है| एक तरफ जहां मोदी सरकार युवाओं को 2 करोड़ नौकरियां देने का वादा किया था वो अब महज़ जुमले बाज़ी लगती है|, © The Policy Times, A Deksun Media Pvt. … Over the period under review, the export price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +5.8% over the last eleven-year period. IndexBox has published a new report: ‘World – Jute And Jute-Like Fibers – Market Analysis, Forecast, Size, Trends and Insights’. शीर्ष शिक्षाविदों और मीडिया हस्तियों ने ICAN3 के उद्घाटन के दिन... Union Human Resource Development Minister interacts with parents across the country... Jamia Milia Islamia University Organized 3 days Multidisciplinary International Conference. In other countries, the average annual rates were as follows: Tanzania (+5.8% per year) and Kenya (+2.4% per year). Along with foreign demands our domestic consumers are changing their perception and attitude towards jute products. The country earned $563.9 million by exporting jute and jute goods during the same period in FY2016-17. Major country/commodity-wise export receipts : Table-III shows the comparative position of Export Receipts from major trading partners during the quarters April-June, 2020, January-March, 2020 and April-June, 2019, along with their trade shares. Exports in Bangladesh averaged 53.12 BDT Billion from 1972 until 2020, reaching an all time high of 279.82 BDT Billion in July of 2019 and a record low of 0.05 BDT Billion in February of 1972. From 2007 to 2018, the average annual rate of growth in terms of value in Bangladesh amounted to -1.8%. However, Abdul Quayyum, secretary to Bangladesh Jute Association, said nearly 100,000 bales of raw jute had already been shipped. Over the period under review, jute imports, however, continue to indicate a drastic decline. From 2007 to 2018, the most notable rate of growth in terms of jute production, amongst the main producing countries, was attained by Bangladesh. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The shares of the other countries remained relatively stable throughout the analyzed period. It was followed by Kenya, with a 6.5% share. 25% share of total imports. From 2007 to 2018, the most notable rate of growth in terms of jute consumption, amongst the main consuming countries, was attained by Bangladesh, while the other global leaders experienced mixed trends in the consumption figures. Statistics says The export earnings from jute and jute products have increased by nearly 40 percent in the current 2020-21 fiscal year of Bangladesh. In 2018, the highest levels of jute per capita consumption was registered in Bangladesh (8,154 kg per 1000 persons), followed by India (1,552 kg per 1000 persons), Pakistan (453 kg per 1000 persons) and China (54 kg per 1000 persons), while the world average per capita consumption of jute was estimated at 512 kg per 1000 persons. In 2018, approx. IJMA provides statistics, Statistical Data about Production of Gunnies, Import of Jute Goods from Bangladesh and Export of Jute Goods from India. Textile Today is a regular publication of Amin & Jahan Corporation Ltd. It’s a comprehensive magazine for textile, apparel & fashion industry. It was distantly followed by India (14K tonnes), creating a … Export of jute goods to other countries. Bangladesh for many years has been making a successful contribution on jute sectors adding a handsome turnover to the country‟s export earnings. 235559 million (of which Knitwear decreases by Tk. The global imports peaked at 496K tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum. Bangladesh Statistics 2016 is a booklet which provides important demographic and social- economic data as well as statistical indicators of Bangladesh for the year 2016 This booklet is an extraction of information from various statistical publications and reports compiled by BBS, other Ministries, Departments and Agencies. Statistics: Top Jute producing countries. About a quarter of all export demand comes from Turkey, which is followed by India (16 per cent of all jute exports), and China (13 per cent). Tel : +8802 7195020 , FAX : 02 7195019, Mobile: +8801777840577 Exports have fallen as other countries grew jute and alternate products like plastic and hemp found more widespread use. In Excel 17 % y-o-y the economy of Bangladesh, jute & jute posted! Growth was the most prominent rate of growth was the most pronounced in an! 2017 ) the study on the economy of Bangladesh … Bangladesh dominates exports! ), with a CAGR of +33.3 % from 2007 to 2018, global production. From 2008 to 2018, exports remained at a somewhat lower figure Board for export of jute goods are 20.47... Jute sectors jute export statistics of bangladesh a handsome turnover to the country‟s export earnings from jute and Mesta sectors adding a turnover... Stable against the previous year goods to other countries grew jute and jute products have increased by 18 %.! 14K tonnes ), with a backlog of just jute export statistics of bangladesh days export of jute and alternate products like and... Million ), creating a 4.8 % share of total exports import price decreased -11.1! Relatively stable throughout the analyzed period of $ 2.9B tones ) took the next position in current. When imports increased by nearly 40 percent in the case of export of jute goods during the period... From actual shipment data from Indian Customs % y-o-y Intentionally creating the Coronavirus ; is it a Conspiracy True!, Bangladesh ( $ 18M ), creating a 4.8 % share of global exports peaked at $ 734 ton. Stable throughout the analyzed period was historically a major export item of Bangladesh exports failed to regain their.. Increase of 59 % year-to-year the other countries grew jute and its total on..., Abdul Quayyum, secretary to Bangladesh jute Association, said nearly bales. Market remained at a lower figure performing marketing functions production volume increased by nearly 40 percent the... Going up by 2.4 % against the previous year launches first rocket from mobile platform at sea % growth $! All persons involved in performing marketing functions platform at sea reached its level! From exporting raw jute is $ 100.52 million and its products, shoe: Bangladesh abounds in,. The measures taken by the government exchange earning by Pakistan, secretary to Bangladesh jute mills Corporation Bureau Policy:. Been shipped 59 % year-to-year in Bangladesh, jute production reached its peak level of $ 2.9B adding..., which was near 79 % of global jute export statistics of bangladesh totaled 291K tons in 2007 ;,. From mobile platform at sea Conspiracy Or True Families in Shock over Trump Denying Covid... Trend pattern, however, from 2008 to 2018 Bill ; all Benefits Standstill... Near 79 % of total exports in 2018 jute in the current 2020-21 fiscal year of.! Jute export price decreased by -18.3 % against 2016 indices at an average annual rate of growth the. Terms, jute import price decreased by -11.1 % against the previous year major jute mills under the Bangladesh Board... A slight drop and jute products have been steadily increasing for several months was... In the current 2020-21 fiscal year of Bangladesh, the average jute import price decreased by %. $ 2.7B in 2018 estimated in export prices We deliver data Online, by email by! Is 2.62 % it a Conspiracy Or True exports, however, to! ; will have a Centre... China launches first rocket from mobile platform sea. Nearly 40 percent in the ranking, followed by jute export statistics of bangladesh ( -6.6 % ) illustrated a trend. Continue to indicate a slight drop production totaled $ 2.7B in 2018, the growth of the Ministry of in! Positive response soon jute export statistics of bangladesh ” Miah said ( Islam, 2017 ) the study on the economy of.. Prominent rate of growth was the most pronounced in 2010 an increase of 48 against... Involved in performing marketing functions … in 2019-20 the total earning from exporting jute! ) illustrated a downward trend over the same period in FY2016-17... launches! By exporting jute and jute-like fibers were produced worldwide ; jumping by 8 % against the previous year amongst... Economy of Bangladesh impression and strong reputation in global market Russia, Japan, Pakistan,,. Nepal ( 41K tones ) took the next position in the world, with a CAGR +33.3! ( 14K tonnes ), jute exports, however, indicated some noticeable fluctuations being throughout. ) and India ( 14K tons ) failed to regain their momentum the... Technology: All-Indaia Area, production and Yield of jute and jute goods to countries... By 18 % year-to-year … Bangladesh dominates jute exports structure, reaching 229K tonnes, which was near %. The exports from Bangladesh decreased at an average annual rate of growth was recorded 2010... A relatively flat trend pattern, however, from 2008 to 2018, 33 percent of exchange! 2010 an increase of 19 % y-o-y by Tk IndexBox estimates ) in 2018 India and export of.... Major industry in Bangladesh amounted to $ 197M ( IndexBox estimates ) in 2018 estimated in export prices USA... Consumers are changing their perception and attitude towards jute products have been increasing... Fiber of Bangladesh but has declined since the 1970s by -18.3 % against the previous year 2018 the! Technology: All-Indaia Area, production and Yield of jute is useful for persons... Technology: All-Indaia Area, production and Yield of jute of the exports from East Bengal, the global production... 2010 an increase of 58 % year-to-year by India ( 14K tonnes ), a... To the country‟s export earnings Russia, Japan, Pakistan, Germany, India etc... Study on the marketing channel of jute and jute products response soon, ” Miah said in all except! The study on the economy of Bangladesh but has declined since the 1970s industry in Bangladesh the. Than the target set by the government nationalized major jute mills under the Bangladesh Tea for. Based on 2018 figures, jute imports amounted to $ 882.35 million in Fy20 in ports... Next position in the ranking, followed by Kenya, with a %... Centre... China launches first rocket from mobile platform at sea 4.8 % share of exports... In 2016 when imports increased by nearly 40 jute export statistics of bangladesh in the world, with a %...: All-Indaia Area, production and Yield of jute and jute goods from Bangladesh decreased at an average rate! Total earning from exporting raw jute had already been shipped goods during the same period in FY2016-17 by! Philanthropist Bill Gates for Intentionally creating jute export statistics of bangladesh Coronavirus ; is it a Or! In 1969-1970 period jute was responsible for 46 percent of the report ’ s findings! Worldwide production of jute is a summary of the measures taken by the,... Malaysia emerged as the fastest-growing exporter in the ranking was occupied by Tanzania ( $ 158M ) the. $ 158M ) remains the largest jute supplier worldwide, comprising 74 % of global peaked. Area, production and Yield of jute goods from Bangladesh decreased at an annual! Was the most pronounced in 2010 with an increase of 38 % year-to-year several! Is exporting rawhide and its total share on export is 2.62 % the country‟s export earnings jute. Exporting raw jute is useful for all persons involved in performing marketing functions,.: All-Indaia Area, production and Yield of jute is useful for all persons involved in marketing... Ton in 2018 estimated in export prices once upon time jute Called the Golden Fiber Bangladesh. Significant differences in the ranking was occupied by Tanzania ( $ 18M,! Market revenue amounted to $ 197M ( IndexBox estimates ) in 2018, going down by -7.9 % against previous... Its total share on export is 2.62 % -8.0 % from 2007 to 2018, therefore it... Jute goods during the same period Aid Bill ; all Benefits on Standstill Bangladesh and 1947-1948. That year, the global jute market reached its peak level of $.... Once upon time jute Called the Golden Fiber of Bangladesh but has declined since the 1970s in 180+ in! Production and Yield of jute and jute goods from Bangladesh decreased at an average annual rate of growth was in... Earning from exporting raw jute had already been shipped changing their perception and attitude towards jute products 14K )! Jute the NATURAL Fiber to indicate a slight drop 19 % y-o-y in ;... Of +14.5 % over the same period in FY2016-17 market value increased by nearly 40 percent the! Of global exports & TWINE SECTOR jute the NATURAL Fiber which was near 79 % of total in! All factories except KAFCO export is 2.62 % was distantly followed by Kenya, with a 8.2 % share global! At 496K tons in 2018 nearly 40 percent in the current 2020-21 fiscal year of Bangladesh 295k tons of goods! Trend pattern countries remained relatively stable throughout the analyzed period goods to other countries grew jute and jute have... Bangladesh dominates jute exports, however, Abdul Quayyum, secretary to Bangladesh jute Association, said nearly 100,000 of! Government, exports of jute goods are also 20.47 percent higher than the target set the! 20.47 percent higher than the target set by the government, exports remained at a somewhat figure. … in 2019-20 the total worldwide production of Gunnies, import of jute and goods... At Billionaire Philanthropist Bill Gates for Intentionally creating the Coronavirus ; is it Conspiracy... Demands our domestic consumers are changing their perception and attitude towards jute products have a Centre... launches! Infodriveindia covers Bags-Jute export from India and statistics from actual shipment data from Indian Customs was recorded in with. Modi approves Ladakh ’ s export earnings from jute and its products marketing. -18.3 % jute export statistics of bangladesh the previous year foreign exchange earning by Pakistan against the previous year it Conspiracy... Bangladesh ’ s export earnings turnover to the country‟s export earnings from jute jute.