
The Bangladesh government is shifting its trade policy focus away from raw jute exports toward the manufacturing of high value-added jute products to maximize foreign exchange earnings and expand export diversification, announced Minister of Textiles and Jute Khandaker Abdul Muktadir.
Speaking at the inauguration of the Jute Diversification Promotion Center (JDPC) exhibition center in Farmgate, Dhaka, on Saturday (October 3, 2026), Minister Muktadir underscored the strategic necessity of transitioning from low-value raw commodities to processed jute items. Presenting comparative market evaluations, the minister noted that while raw jute yields approximately $1,200 per ton during peak market periods, converting that same volume into jute-based packaging increases export value to $2,400–$2,500 per ton. Furthermore, producing blended fibers by combining jute with cotton or synthetic materials elevates market value up to $4,000–$5,000 per ton. To capture this potential, the Ministry of Textiles and Jute is collaborating with JDPC and private sector entrepreneur associations to establish permanent display showrooms, promote cottage-industry handcrafted jute products, and scale up commercial manufacturing of eco-friendly jute packaging solutions and bio-degradable bags.
— Daily Best News Desk • Fearless in the search for truth
Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].







