Jute export from Bangladesh marks robust growth in July-April

14:26, June 27, 2010      

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Bangladesh's earning from raw jute and goods made of the natural fiber in the first 10 months of the current fiscal year 2009-10 ending this month marked an impressive over 57 percent growth year on year on ballooning global demand, official data showed Sunday.

According to data of Bangladesh's Export Promotion Bureau (EPB), the country in the first 10 months of the current fiscal year 2009- 10 (July 2009-June 2010) fetched 547.5 million U.S. dollars from exports of raw jute and jute goods.

A senior EPB official had earlier told Xinhua that exports of raw jute and jute goods from Bangladesh boomed as environmental threats and health hazards in synthetic fiber in the context of climate change made many interested in the natural fiber made products in the global market.

The EPB data showed Bangladesh's export earning from jute goods, marking 69.82 percent growth, stood at 377.09 million U.S. dollars in the July-April period while during the same months raw jute export reached 170.41 million U.S. dollars, up 44.35 percent year on year.

Source: Xinhua


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