The export of plastic products witnessed a healthy growth of nearly 18 per cent during the July-April period of the current fiscal year (FY24) fetching US$201.09 million due to competitive price advantage and creation of newer markets, reports BSS.
According to the latest statistics of the Export Promotion Bureau (EPB), this was the highest volume of export of plastic items during the 10-month period compared to the same period of the previous fiscal years.
The Bangladeshi plastic products are basically being exported to the United States of America (USA), Canada, European Union (EU), China, India and Nepal.
According to the research findings of the Bangladesh Investment Development Authority (BIDA), the majority of Bangladesh's exportable plastic items are tableware and kitchenware.
Talking to the news agency, Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) president Shamim Ahmed said the competitive price of locally-made plastic items has played the key role in the export growth of this sector.
Export of plastic items witnesses 18pc growth
FE Team | Published: May 04, 2024 21:21:43
Export of plastic items witnesses 18pc growth
Share if you like