Country has huge exportable surplus

Bangladesh 7th largest mango producer in the world

Bangladesh’s mango export volume of 791 tons nearly trebled in 2020-21 financial year from the 279 tons in the previous fiscal year. This growth shows that the country’s regulators, mango producers and exporters have taken some steps in right direction, which resulted the significant increase. 

But if one put the $1.5 billion global mango trade into perspective, Bangladesh’s export growth is still very insignificant when the country holds enormous potential as 7th biggest producer of the fruit.

For many years, Bangladesh’s potential remained largely untapped as the regulators wasn’t mindful of implementing good agricultural practices (GAP), a prerequisite for exporting mango to foreign markets.

Bangladesh’s South Asian and Southeast Asian neighbours such as India, Pakistan and Thailand have well captured many key export markets and mango have long been fetching hefty export earnings for these economies. Bangladesh’s export earnings from mango in last financial year was only $50,000 whereas, the figure is as high as $101 million for Pakistan (world’s 5th biggest mango producer) and $137 million for India (ranked first in mango production in the world).

Bangladesh doesn’t want to remain content with such low export volume of the fruit as some of the its sweetest and delicious varieties have long been grown in this country with its annual national output reaching nearly 1.5 million tons this year.

Source: dhakatribune.com


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