The country’s earnings from handicraft exports exceeded the target by about 6 percent to reach 12.46 million dollars in the July-March period of 2017-18 fiscal.
This rising trend suggests that the country has a significant potential to increase exports of handicrafts to international markets, provided necessary measures are taken to comply with the market-specific quality standards.
According to the Export Promotion Bureau (EPB), in the first nine months of the fiscal, handicraft exports fetched 12.46 million dollars, 5.97 percent higher than the target set for the period, and 17.11 percent higher than that in the same period of the previous fiscal.
During the July-March period of fiscal year 2016-17, handicraft export was 10.64 million dollars.
Shahjalal, secretory of the Bangladesh Handicrafts Manufacturers’ and Exporters’ Association(Banglacraft) told Bangladesh Post, handicraft items from Bangladesh which have a high demand in the global market include basketware, handmade furniture, leather goods, terracotta, handmade paper items, jute and wood goods, Christmas decorations, handloom, cane, grass, bamboo, mixed media and traditional jewellery.
A training centre to improve design and quality of the products is being set up, he added.
Italy, Belgium, England, Germany, Sweden, Portugal, Austria, the United States, Saudi Arabia, the United Arab Emirates and Japan are the main buyers of Bangladeshi handicraft, the secretory said.
During the FY16-17 period, Bangladesh earned 14.48 million dollars from the handicraft sector, he said.
“We have been attending international trade fairs to attract foreign buyers. We can offer high quality products at competitive prices. That’s why the exports have increased, he said.