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Bangladesh government has set a target to earn foreign currency of $28,447.57m in the current fiscal year of 2015-16 after its textile sector earned foreign currency of $128,203.71 million in the six fiscal years since 2009-10, according to the statistics placed in the Parliament by Textile and Jute Minister Md Emaz Uddin Pramanik yesterday.

The textile sector earned foreign currency of $26,509.77m in FY2014-15, $25,508.77m in FY2013-14, $22,556.73m in FY2012-13, $21,496.57m in FY2011-12, $19,002.78m in FY2010-11 and $13,129.09m in FY2009-10.

Related Keywords: Bangladesh jute industry, global market, jute exports, jute mills, major importing country, political instability

The state-owned jute mills in Khulna-Jessore industrial belt has registered a sharp fall in export of jute goods by 38.65 percent in the just concluded fiscal year compared to its preceding fiscal due to lack of demand in global market, over the political instability in major importing countries.
 
According to Bangladesh Jute Mills Corporation (BJMC), about 31,647-tonne jute goods was exported from nine state-run jute mills of the region till the first week of June in the fiscal 2013-14, against the export of 81,881-tonne in the fiscal 2012-13.