Desk Report,
No increase in duty on raw jute and jute products exports
The government has withdrawn its decision to increase the fee for the export of raw jute and jute products. The Ministry of Textiles and Jute issued a notification last April increasing the fee for raw jute exports by three and a half times and for jute products by five times. It withdrew that notification on June 26. That is, they have decided to maintain the previous fee. Bangladesh Bank issued a notification in this regard on Thursday. The regulatory body has directed banks to collect the fee at the previous rate.
No increase in duty on raw jute and jute products exports
According to a notification issued by the Ministry of Textiles and Jute in April, the revenue on raw jute exports has been increased to seven taka per bale, which was two taka earlier. That is, this fee has been increased by about three and a half times. And the revenue against the export value of 100 taka of jute products has been increased five times from 10 paisa to 50 paisa.
The fee was previously fixed in July 1995. The latest notification issued on June 26 said, ‘The notification regarding the determination of the fee issued on April 7 has been cancelled. In addition, it has been decided to collect two taka as revenue for each bale of raw jute exports as before. In addition, it has been decided to collect a fee at the rate of 10 paisa per 100 taka of export value for jute products.’
Cash assistance in this sector was reduced from the first day of the just-ended 2024-25 fiscal year, i.e. from July 1 last year. At that time, the government reduced the cash subsidy on exports of diversified jute products from 15 percent to 10 percent. In addition, cash subsidy on jute products has been reduced from 7 percent to 5 percent and on jute yarn from 5 percent to 3 percent.
According to the existing export policy, raw jute is a conditional export product. Once, India was a major market for Bangladeshi jute products. But as the country imposed anti-dumping duties on Bangladeshi jute exports, jute yarn exports to the country have decreased to 1/5.

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Taxes on raw jute and jute products will not increase
Own Reporter
Dhaka
Published: 04 July 2025, 09:30
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Jute File Photo
The government has withdrawn its decision to increase the fee for the export of raw jute and jute products. The Ministry of Textiles and Jute issued a notification last April increasing the fee for raw jute exports by three and a half times and for jute products by five times. It withdrew that notification on June 26. That is, they have decided to maintain the previous fee. Bangladesh Bank issued a notification in this regard on Thursday. The regulatory body has directed banks to collect the fee at the previous rate.
According to the notification issued by the Ministry of Textiles and Jute last April, the revenue on raw jute export has been increased to seven taka per bale, which was earlier two taka. That is, this fee has been increased by about three and a half times. And against the export value of 100 taka of jute products, the revenue has been increased five times from 10 paisa to 50 paisa.
The fee was earlier fixed in July 1995. The latest notification issued on June 26 said, ‘The notification regarding the fee fixed issued on April 7 is cancelled. In addition, it has been decided that the government will collect two taka as revenue on each bale of raw jute export as before. In addition, it has been decided to collect duty at the rate of 10 paisa per 100 taka of export value of jute products.
Cash assistance is decreasing, exports are being hit
Cash assistance in this sector was reduced from the first day of the recently concluded 2024-25 fiscal year, i.e. from July 1 last year. At that time, the government reduced cash assistance for the export of diversified jute products from 15 percent to 10 percent. In addition, cash assistance for jute products has been reduced from 7 percent to 5 percent and for jute yarn from 5 percent to 3 percent.
According to the existing export policy, raw jute is an export product subject to conditions. Once, India was a big market for Bangladeshi jute products. But as the country imposed anti-dumping duty on Bangladeshi jute exports, jute yarn exports to the country have decreased to 1/5.
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Meanwhile, jute product exports are decreasing year by year. According to the Export Promotion Bureau (EPB), jute products worth 112.76 crore US dollars were exported in the fiscal year 2021-22. In the fiscal year 2022-23, it decreased to 91.15 crore US dollars. In the fiscal year 2023-24, exports further decreased to 85.52 crore US dollars, which further decreased to 820 million US dollars in the just-expired fiscal year 2024-25.
According to the Bangladesh Jute Spinners Association (BJSA), the country produces 75 to 80 lakh bales of raw jute annually. Of this, 60 lakh bales are required for the production of jute products.
According to the Jute Department, 13 lakh 44 thousand 835 bales of raw jute were exported from Bangladesh to 13 countries including India, Pakistan, Nepal, and China in the fiscal year 2023-24. Raw jute worth 1,731 crore taka or 164 lakh 87 thousand US dollars was exported in that fiscal year. Of this, more than $90 million came from India.
