Export to Japan jumps by 11.73pc


FE Online Report | Published: July 29, 2018 13:24:30 | Updated: July 30, 2018 09:41:07


Export to Japan jumps by 11.73pc

Merchandise export to Japan jumped by 11.73 per cent in the past fiscal year, according to the statistics released by Export Promotion Bureau (EPB).

It showed that Bangladeshi export to Japan reached $1.13 billion in FY18, which was $1.02 billion in FY17.

Currently, Japan is giving the market access to Least Developed Countries (LDCs), including Bangladesh, for 97.90 per cent products. 

Meat and dairy products, eggs, vegetables and plants, cereals and starch, and other food preparations are not included in the tariff-free product list of Japan.

In 2011, the country also extended the effective period of the GSP scheme for 10 years until March 31, 2021.

Apparel items cover more than 80 per cent of the total export of Bangladesh.

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