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Bangladesh jute spinning sector sees phenomenal growth

Related Keywords: Bangladesh jute spinning industry, Bangladesh jute yarn, highest quantity of jute yarn, list of export destination, other jute goods, over last one decade, rising global demand for yarn, sluggish business trend, Turkey imports, twenty countries added, witness phenomenal growth

Bangladesh’ s jute spinning industry due to rising global demand for yarn despite having a sluggish business trend in other jute goods has witnessed a phenomenal growth over the last one decade. At least 20 countries have been added in the list of export destinations of Bangladeshi jute yarn in the last one decade.

With the new ones, the product is currently exported to 89 countries. Of the total, 12 countries import a maximum volume of jute yarn, according to Bangladesh Jute Spinners Association (BJSA).

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