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After the Independence of Bangladesh, the government nationalized major jute mills under the Bangladesh Jute Mills Corporation. The global jute market revenue amounted to $2.7B in 2018, going up by 4.6% against the previous year. 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. Bangladesh Jute Goods Exporters’ Association (BJGEA) A & A Tower, 173, Arambag (3 rd Floor), Motijheel, Dhaka- 1000. IndexBox has published a new report: ‘World – Jute And Jute-Like Fibers – Market Analysis, Forecast, Size, Trends and Insights’. The second position in the ranking was occupied by Tanzania ($18M), with a 8.2% share of global exports. All Rights Reserved. However, Abdul Quayyum, secretary to Bangladesh Jute Association, said nearly 100,000 bales of raw jute had already been shipped. 123572 million and Woven Garments decreases by Tk. and Bangladesh (-117.5 p.p.) 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). 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. 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. We deliver data Online, by email and by CD in Excel. Based on 2018 figures, jute export price decreased by -11.1% against 2016 indices. 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. saw their share reduced. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. BANGLADESH COUNTRY PROFILE THE COUNTRY: The People’s Republic of Bangladesh: GEOGRAPHICAL LOCATION: South Asia; between 20°34’and 26°38 north latitude and between 88°01’ and 92°41’ east longitude; consists of flat fertile alluvial land: BOUNDARY: North-India : (West Bengal and … 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. The global imports peaked at 496K tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum. In value terms, jute imports amounted to $197M (IndexBox estimates) in 2018. 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. The most prominent rate of growth was recorded in 2016 when imports increased by 17% y-o-y. Courtesy: Collected. 25% share of total imports. Ltd. Company. From 2012 to 2018, global jute production growth remained at a lower figure. By 1975–1976, Jute exports had declined to make up only 25 … In 2018, the country with the highest price was Kenya ($1,572 per ton), while Malaysia ($131 per ton) was amongst the lowest. It was distantly followed by India (14K tonnes), creating a … “We hope for a positive response soon,” Miah said. The most prominent rate of growth was recorded in 2016 with an increase of 19% y-o-y. In 2018, approx. 235559 million (of which Knitwear decreases by Tk. In that year, global jute production reached its peak volume of 3.9M tons. Over the period under review, jute imports, however, continue to indicate a drastic decline. 3.9M tons of jute and jute-like fibers were produced worldwide; picking up by 2.4% against the previous year. THE indefinite ban by the government of Bangladesh on jute export, which earns it foreign exchange, may be a tactic to see the reaction of their importers. The company ECO-JUTEX is 100% export-oriented and solely dedicated for the development, promotion, and export of Jute & Jute goods. The most prominent rate of growth was recorded in 2016 with an increase of 18% year-to-year. 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. In the other countries, the average annual rates were as follows: India (-1.2% per year) and Pakistan (-4.8% per year). 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. Exports have fallen as other countries grew jute and alternate products like plastic and hemp found more widespread use. 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. 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. The most prominent rate of growth was recorded in 2010 with an increase of 59% year-to-year. @2020 - Textile Today. … Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +33.3% from 2007-2018. STATISTICAL INFORMATION ON JUTE YARN & TWINE SECTOR JUTE THE NATURAL FIBER. There were significant differences in the average prices amongst the major importing countries. From 2007 to 2018, the most notable rate of growth in terms of jute production, amongst the main producing countries, was attained by Bangladesh. 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. 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. 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.) Export of jute goods to other countries. The pace of growth was the most pronounced in 2010 with an increase of 48% against the previous year. Exports from Bangladesh decreased at an average annual rate of -8.0% from 2007 to 2018. ECO-JUTE EXPORTS has been functional since 2008, as an exporting wing of EXIM N TRADE. 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. Figure: Bangladesh’s export earnings from jute and jute goods posted an 8.10% growth to $882.35 million in Fy20. The pace of growth was the most pronounced in 2011 when the market value increased by 18% year-to-year. In value terms, jute exports stood at $213M (IndexBox estimates) in 2018. 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. In Bangladesh, jute per capita consumption expanded at an average annual rate of +14.5% over the period from 2007-2018. The global exports peaked at $361M in 2011; however, from 2012 to 2018, exports remained at a lower figure. The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government. Nepal (41K tones) took the next position in the ranking, followed by China (31K tons). Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018. The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. By contrast, Kenya (-1.9%) and India (-6.6%) illustrated a downward trend over the same period. 3. 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) 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. 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. It was distantly followed by India (14K tons), creating a 4.8% share of total exports. This is a 39.26 per cent jump from the same period in the previous year and 12 per cent … This country exports Jute in the USA, UK, Russia, Japan, Pakistan, Germany, India, etc. The pace of growth was the most pronounced in 2010 an increase of 58% year-to-year. 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. InfodriveIndia covers Bags-Jute Export from India shipments in 180+ ports in India and export data is available with a backlog of just 3 days. From 2007 to 2018, the average annual rate of growth in terms of value in Bangladesh amounted to -1.8%. Bangladesh exports 0.46 million (4.60 lakh) tonnes of jute goods while India enjoys a share of 0.285 million (2.85 lakh) tonnes in the international market. 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