Bangladesh is famous for the export of jute fibre and jute products. It exports finest quality of jute in the world.
A study 'A Road Map for Jute' has been conducted in association with International Jute Study Group (IJSG), and International Trade Centre (ITC), and funded by Common Fund for Commodities (CFC) in 2005. This study says, "An important appraisal of the Indian raw jute quality situation was presented to the Kolkata IJSG workshop by a jute mill located in Andhra Pradesh. It may be summarised as follows.
The Indian jute crop can cover in general the volume requirements of the industry, but there is a serious mismatch in the availability in quality terms between availability and industrial needs. Indian industry is short by about 200,000 tons of superior grades needed to make high quality goods both for export and the home market. The industry has been offsetting this problem by importing higher grades of fibre from Bangladesh".
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International Trade Centre