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jute - Newest pictures
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Jute


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Jute

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In 1972-72, the export earnings of the country totaled US $ 348.33 million, of which 90% came from the Jute sector. The other major items were tea and hides. Since then, the country has been widening its export base. With the addition of non-traditional items like readymade garments, shrimps, fish, knitwear, finished leather, newsprint, chemical fertilizer, handicrafts, naphtha, ceramic products, fresh fruits, flowers and vegetables, etc., the export earnings are currently around US$ 6.55 billion (2002-03).

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Bangladesh provides the world a wealth like jute, the golden fibre. The fertile land, direct sunlight and its heat, monsoon's heavy down pour, combining together made Bangladesh a Jute Country enabling it to produce the finest natural fibre.

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Bangladesh is one of the principal producers of Jute, and further enjoys almost a monopoly of this fibre on a commercial scale. She exports around 30% of the produce as Raw Jute and is the largest supplier to the world. Rest 70% of the Jute produced is processed in her 107 Jute and Spinning mills and mostly exported as finished goods in the form of Hessian, Sacking, Carpet Backing Cloth, Yarn/Twine etc.

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Jute occupies a key position in the economy of Bangladesh . The welfare of the entire nation and people and overall development of the economy itself depend to a large extent of Jute. Jute is the most important cash crop for Bangladesh . It brings cash money to 3.5 million Jute farmers; employ 200,000 people in the industrial sector and 100,000 people in the trade. Foreign export earning through export of Raw Jute and Jute manufacturers are over 20% of the total export of the country in a year.

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