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Bangladesh Tariff Commission:

Bangladesh: Flower import declines five times in three years

Import of flower and foliage has declined significantly in recent years as the local growers are now producing a substantial quantity of alien varieties.

However, flower production has been proved 2-5 times profitable than that of rice, jute, maize, wheat, onion, garlic and vegetables, the latest study of Bangladesh Tariff Commission (BTC) found.

The study also placed some recommendations for boosting flower and foliage export.

Despite the fact that Bangladesh has been exporting flower and foliage for the last two decades, a good quantity of the items including gerbera, gladiolus, liliun etc was earlier imported from Thailand, China and India.

The BTC's latest study showed that Bangladeshi importers brought 0.234 million kilograms (kgs) of flower and foliage worth Tk12.48 million in FY'11 which declined to 0.07 million kgs worth Tk5.2 million in FY'13.

The import declined by nearly five times (in quantity) in last three years, according to the study.

Click here to read the complete article at www.thefinancialexpress-bd.com.
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