Abstract

The aim of this study was to review the trend of production and export of jute as well as comparative advantages of jute export of Bangladesh, China and India. In the case of production, India is the leading country which is followed by Bangladesh, China, Nepal, Zimbabwe, Uzbekistan, Egypt and others. However, Bangladesh plays the supreme role over other countries in the world for exporting jute. Jute export fluctuated erratically over the past four decades in these three most jute exporting countries. The Revealed Comparative Advantage (RCA) has been enumerated for comparing the jute export advantages in the global market. Bangladesh always enjoys greater comparative advantages than China and India although the revealed comparative advantages are less in recent years than those were one decade ago. But it can’t catch the high-value market because exporters have mainly focused on raw jute while jute goods have high potentiality. The recommended issues urge to enhance the productivity of jute cultivation, inaugurate more diversified products, and explore new markets for exports.
 Res. Agric., Livest. Fish.7(2): 183-190, August 2020

Highlights

  • Jute is a biodegradable and natural fiber with different inherent advantages like high tensile strength, low extensibility, moderate heat, fire resistance and long staple lengths

  • The aim of this study was to review the trend of production and export of jute as well as comparative advantages of jute export of Bangladesh, China and India

  • Agricultural products export of Bangladesh usually focused on jute goods, tea, vegetables, tobacco, fish and shrimp, spices, meat, fruit, milk, processed food etc. (BBS, 2019)

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Summary

Introduction

Jute is a biodegradable and natural fiber with different inherent advantages like high tensile strength, low extensibility, moderate heat, fire resistance and long staple lengths. Australia was identified as a new potential market They had high demand of jute products because of the rapid increase of total consumer (i.e. the rise of multi-cultural immigrants), government policy against synthetic/polypropylene products, the awareness of environmental role and impact of products among local consumers. Since none of these studies divulged the comparative advantages in jute export along with other major jute exporting countries, it is urgent to know the situation of Bangladesh in the global market for proper policy implications to ameliorate the market performance. Enumerate comparative advantage of jute export of these three major jute exporting countries

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