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In marketing year (MY) 2022/23, Post’s rice harvested area and production forecasts increased slightly to 11.55 million hectares and 35.85 million metric tons (MT), respectively, on a good Aman season harvest.
In calendar year 2021, Bangladesh imported $12 million of consumer-oriented food from the United States, up 11 percent over 2016. The income and purchasing power of the middle-class continue to reach new heights, boosting demand for imported food.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
Bangladesh consumes approximately 6 million metric tons of chemical fertilizers annually, of which about 80 percent are imported. The four major imported chemical fertilizers in Bangladesh are urea, triple super phosphate, diammonium phosphate, and muriate of potash (MOP). Russia and Belarus were the dominant suppliers of MOP in Bangladesh.
On February 22, 2022, the Government of Bangladesh (GoB) revised the permissible wastage rate for basic garment products to 29 percent, specialized products to 32 percent, and sweaters and socks to 16 percent.