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Jun 30, 2025
Jute wars: India restricts imports from Bangladesh
India just restricted jute and fiber product imports from Bangladesh, only allowing them through one port in Maharashtra.
The move comes after complaints that cheap Bangladeshi jute is hurting Indian farmers and impacting local mills.
TL;DR
Imports rising, Indian jute prices dropping
With Bangladeshi imports rising from $117 million to $144 million in two years, Indian jute prices have dropped below the government's support level, putting farmers and workers at risk.
Previous efforts to stop unfair imports didn't work due to loopholes, so this tighter rule aims to protect local jobs and revive struggling mills.
Exports from Bangladesh to Nepal and Bhutan via India are still allowed—but those goods can't circle back into India.