Browse Data and Analysis

On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.

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.

Kenya’s MY2022/23 coffee production is forecast to decrease by 10 percent to 700,000 bags due to lower yields caused by reduced fertilizer application. MY 2022/23 area planted is anticipated to remain flat at 105,000 hectares as new plantings are curtailed by a shortage of coffee seeds.

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.