• Linkdin

Bangladesh's jute exports decline 11% to $406 mn during July-Nov 2022

09 Dec '22
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Exports of Jute and Jute goods (chapter 53, 630510) from Bangladesh, a major jute exporter, declined by 11 per cent to $406.60 million during July-November 2022. The exports of raw jute, jute yarn and twine and jute carpet witnessed a downward trend in the period. But jute sacks and bags managed to record higher exports during the period. 

As per provisional data released by the Export Promotion Bureau of Bangladesh, the exports of jute and jute goods decreased to $406.60 million in the first five months of the current fiscal (July-June) from $456.83 million compared to last year. Last year, Bangladesh’s exports of these goods amounted to $1,127.63 million. A target of $1,280 million was set by the country for the current fiscal 2022-23. The target for the first five months was fixed at $480.44 million. 

Raw jute (Chapter 5303) exports declined by 2.93 per cent to $91.90 million in the first five months of the current fiscal from $94.67 million the same period of last year. The outbound exports of jute yarn and twine (Chapter 5307) fell by 19.68 per cent to $218.84 million in the period under review from $272.47 million last year. But the shipment of jute sacks and bags (63510) increased by 13.01 per cent to $59.24 from $52.42 million in the same period of last year. 

Exports of jute carpet (Chapter 57) slipped by 26.1 per cent to $11.21 million in the period under review from $15.17 million last year. 

Fibre2Fashion News Desk (KUL)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search