and Bangladesh (-117.5 p.p.) A … 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, jute exports stood at $213M (IndexBox estimates) in 2018. Export of jute goods to other countries. The global exports peaked at 643K tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum. Over the period under review, jute imports, however, continue to indicate a drastic decline. Here is a summary of the report’s key findings. 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). 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. Over the period under review, the average export prices for jute and jute-like fibers attained their peak figure at $825 per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure. It was followed by Kenya, with a 6.5% share. 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. 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 global exports peaked at $361M in 2011; however, from 2012 to 2018, exports remained at a lower figure. 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. Approval of the Ministry of Industries in the case of export of Urea fertilizer produced in all factories except KAFCO. 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. 111987 million), Jute & Jute Manufactures by Tk. STATISTICAL INFORMATION ON JUTE YARN & TWINE SECTOR JUTE THE NATURAL FIBER. Many US Families in Shock over Trump Denying Signing Covid Aid Bill; All Benefits on Standstill. 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. By contrast, Kenya (-1.9%) and India (-6.6%) illustrated a downward trend over the same period. 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. Exports have fallen as other countries grew jute and alternate products like plastic and hemp found more widespread use. IJMA provides statistics, Statistical Data about Production of Gunnies, Import of Jute Goods from Bangladesh and Export of Jute Goods from India. From 2012 to 2018, global jute production growth remained at a lower figure. 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. Overall, jute exports, however, continue to indicate a slight drop. The most prominent rate of growth was recorded in 2016 with an increase of 18% year-to-year. Welcome to the official Facebook Page of the Bangladesh Jute Goods Exporters Association (BJGEA) 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. Dhaka controls 62 per cent share of the total jute goods market of the world and earn Taka 20.125 billion (2012.5 crore) ∗ Professor, Department of Business Administration, Bangladesh University, Mohammadpur, Dhaka. In value terms, Bangladesh ($158M) remains the largest jute supplier worldwide, comprising 74% of global exports. Global exports totaled 291K tons in 2018, increasing by 5.7% against the previous year. The country earned $563.9 million by exporting jute and jute goods during the same period in FY2016-17. Nepal (41K tones) took the next position in the ranking, followed by China (31K tons). The shares of the other countries remained relatively stable throughout the analyzed period. After the Independence of Bangladesh, the government nationalized major jute mills under the Bangladesh Jute Mills Corporation. 25% share of total imports. Dhaka Bureau Policy Times : Once upon time Jute Called the Golden Fiber of Bangladesh. 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. Jute is a major industry in Bangladesh and in 1947-1948 made up 80 percent of the exports from East Bengal. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +33.3% from 2007-2018. 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. Along with foreign demands our domestic consumers are changing their perception and attitude towards jute products. The most prominent rate of growth was recorded in 2016 with an increase of 19% y-o-y. 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. In that year, global jute production reached its peak level of $2.9B. 3.9M tons of jute and jute-like fibers were produced worldwide; picking up by 2.4% against the previous year. भारत में नौकरियों की बदहाली: वेटर के 13 पदों के लिए... “Saleswalah, a book to unlock your sales potential”, India’s New Education Policy will create scope for Australian universities. “We hope for a positive response soon,” Miah said. The global imports peaked at 496K tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum. In that year, global jute production reached its peak volume of 3.9M tons. 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. There were significant differences in the average prices amongst the major exporting countries. The average jute export price stood at $734 per ton in 2018, therefore, it remained relatively stable 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. We deliver data Online, by email and by CD in Excel. The pace of growth was the most pronounced in 2011 when the market value increased by 18% year-to-year. 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. Ltd. Company. 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. At the same time, Malaysia (+33.3%), Belgium (+6.0%) and Tanzania (+1.5%) displayed positive paces of growth. Jute and its products have a great impact on the economy of Bangladesh. The most prominent rate of growth was recorded in 2011 when production volume increased by 24% year-to-year. The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government. 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. 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 that year, the global jute market reached its peak level of $2.9B. In 2018, the country with the highest price was Kenya ($1,572 per ton), while Malaysia ($131 per ton) was amongst the lowest. saw their share reduced. PM Modi approves Ladakh’s first central university; will have a Centre... China launches first rocket from mobile platform at sea. 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. It was distantly followed by India (14K tons), creating a 4.8% share of total exports. 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 now exports jute and jute goods worth $1 billion, yet this could be raised to $5-7 billion with proper policy guidelines. In 1969-1970 period Jute was responsible for 46 percent of foreign exchange earning by Pakistan. 295K tons of jute and jute-like fibers were imported worldwide; jumping by 8% against the previous year. Rawhide & its products, shoe: Bangladesh abounds in cow, buffalo, and goat. Table 15 - Monthly export value of jute products by type from India 15 Table 16 - World apparent consumption of jute, kenaf and allied fibres 16 Table 17 - Exchange rates 17 This is a 39.26 per cent jump from the same period in the previous year and 12 per cent … The most prominent rate of growth was recorded in 2010 an increase of 38% year-to-year. The average jute import price stood at $669 per ton in 2018, going down by -7.9% against the previous year. The second position in the ranking was occupied by Tanzania ($18M), with a 8.2% share of global exports. It was distantly followed by India (14K tonnes), creating a … 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) 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. 3. The pace of growth was the most pronounced in 2010 an increase of 58% year-to-year. 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. 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. Statistics: Top Jute producing countries. Bangladesh dominates jute exports structure, reaching 229K tonnes, which was near 79% of total exports in 2018. 123572 million and Woven Garments decreases by Tk. Once upon time Jute Called the Golden Fiber of Bangladesh. 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. InfodriveIndia provides latest Bags-Jute Export from India and statistics from actual shipment data from Indian Customs. Based on 2018 figures, jute import price decreased by -18.3% against 2016 indices. From 2012 to 2018, the growth of the global jute market remained at a somewhat lower figure. Other relatively small destinations (in ascending order of export earnings) are Pakistan, Sudan, Egypt, Iran, Indonesia, Uzbekistan and the USA. Jute is exported to 136 countries and territories. 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