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Bangladesh to Become Sustainable and Resilient Tea Exporting Country Again

Author

Listed:
  • Prof. Md. Lutfar Rahman MBA (IBA, DU)

    (Professor and Registrar, IUBAT- International University of Business Agriculture and Technology, Bangladesh)

  • Professor Dr Harwindar Singh

    (Associate Professor, School of Business, Malaysia University of Science and Technology)

  • Dr Khairir Khalil

    (Senior Lecturer, School of Business, Malaysia University of Science and Technology)

Abstract

Tea consumption in Bangladesh is increasing 3 percent per annum but its production is increasing 1 percent only. Due to not increasing tea production with the pace of increase in consumption, the title of Bangladesh as a tea exporting country has already been changed to a tea importing country. Record says only 1.47-million-kilogram tea had been exported from Bangladesh in 2011 as against 25.43-million-kilogram tea exported in 1995. Till 2015 Bangladesh exported tea but the quantum was very negligible which is below 1 million kilograms. At present Bangladesh spends US$ 70 million annually to import 30 million kg tea to meet the deficit every year. Country may save the hard-earned foreign exchange through increase in tea production from present 85 million kg to 120 million kg in order to stop importing tea, rather export tea utilizing every hectare garden land under tea plantation properly to increase yield per hectare from present 1500 kg to 2500 kg per hectare. The study aims to picturize the scenario of Bangladesh tea in the context of world tea, export and import scenario of tea and consumption of tea products in different countries in the world.

Suggested Citation

  • Prof. Md. Lutfar Rahman MBA (IBA, DU) & Professor Dr Harwindar Singh & Dr Khairir Khalil, 2021. "Bangladesh to Become Sustainable and Resilient Tea Exporting Country Again," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(07), pages 537-541, July.
    • Handle: RePEc:bcp:journl:v:5:y:2021:i:07:p:537-541
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