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Fading Abroad While Shining At Home: Bangladesh’s Shrimp Sector Looks to the Domestic Market as Exports Decline

Shrimp is one of the most important export items in Bangladesh, accounting for more than 70 percent of its agricultural exports. Its massive contribution to national exports has earned it the nickname, “White Gold.” The majority of this revenue winning item is exported to the European Union (EU) countries, including the Netherlands, Belgium, and Germany. […]

Crab industry: Opportunities abound for private investment

Crab Industry is added to the Special Development Sector as per Export Policy Act 2018-21 The crab sub sector in Bangladesh provides livelihood support to many families residing in the southern belt of Bangladesh. In FY 2017-18, Bangladesh produced 11,787 MT of Crabs of which 97% were exported across the globe for an estimated export […]

The Curious Case of Crab Sub-sector in Bangladesh

Being located at the edge of Bay of Bengal, Bangladesh has a wide and diverse range of sea food options. From Rock Lobsters to Mussels, from Prawns to Pomfrets, the country offers many options that cater to the local palette, while also exporting a huge proportion of its production annually. But among the many produces, […]

An Overview of Agriculture in Bangladesh

For most, agriculture is a means of food security, but it is a livelihood for a vast population in Bangladesh and a means of reducing poverty (accounting for 90% of reduction in poverty between 2005 and 2010 [2]) and fostering sustainable economic development. It is a sector that is strategically favorable to Bangladesh given its […]

Shrimp – The Black Bengal Tiger

Bangladesh’s shrimp exports, which once contributed $590 mn in FY12, has been on the decline, falling 8.37% to $408 mn in FY181 as the demand for black tiger and freshwater prawns have gone down due Vannamei shrimp (which is not grown in Bangladesh) dominating the world market at a lower price point. This drop in […]

Bangladesh Fisheries Sector: Growth Prospects and Opportunities

Bangladesh’s agricultural sector contributes 14.2% of GDP,[1] employing 47% of the working population[2], with 17 million people (1.4 million women) depending on fisheries sector for their livelihoods through fishing, farming, fish handling, and processing. Agricultural sector has experienced significant growth over the last couple of decades, with the fisheries sector following suit. According to the […]
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