Export earnings from jute increase by nearly 40% in FY 20-21
The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government.
The export earnings from jute and jute products have increased by nearly 40 percent in the current 2020-21 fiscal year of Bangladesh.
According to the latest data from the Export Promotion Bureau (EPB), Bangladesh earned 43.87 crore dollars by exporting jute and jute products in the first four months (July-October) of the current fiscal year, which is 39.52 percent more than compared to the corresponding period of the previous fiscal.
The export earnings from jute and jute goods are also 20.47 percent higher than the target set by the government.
Keep updated, follow The Business Standard's Google news channel
A report published by EPB on Monday showed that exports of jute and jute products have been steadily increasing for several months.
A government project titled 'Advanced Technology Based Jute and Jute Seed Production and Expansion' is currently being implemented with a view to increase the production of quality jute and achieve self-sufficiency in jute seed production by 2023.
The project is being implemented in 230 upazilas of 46 districts of the country.
