Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, May 1, 2017 12:13:37 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Regaining lost potato export market

By
16th-Apr-2017       Readers ( 111 )   0 Comments
Comments
Share your thought
Post a comment »
Read all (0) »

POTATO exports have remained low ever since Russia barred the entry of the vegetable in May 2015 on food safety grounds after detecting some diseased consignments. Prior to the ban, shipment of the tuber had hit a record high of about 1 lakh ton in 2013-14, spurred by the demand from Russia.

Since July last year, about 30,000 tonnes of potato were shipped, with the total exports expected to be 35,000-40,000 tonnes at the end of the fiscal year, said officials of Plant Quarantine Wing under the Department of Agricultural Extension (DAE). Last fiscal year, potato exports slumped 58 percent to 37,270 tonnes -- a direct manifestation of the embargo from Russia.

The lack of availability of export-quality potato has dampened the prospect of increased exports this fiscal year, as per a report of a local daily. The quality of a large quantity of potato has deteriorated due to rainfall during the harvesting period. Farmers planted potato on 5.28 lakh hectares this fiscal year, up 11.16 percent year-on-year basis. Production grew 19 percent year-on-year to 1.13 crore tonnes this fiscal year, according to DAE estimates.

Exporters are also finding it tough to compete with their peers from other countries. In Dhaka, the tuber sold at Tk 15-20 a kilogram yesterday, up 25 percent from a month ago, according to Trading Corporation of Bangladesh. The shipment of the tuber this fiscal year would have been higher had the government not halved the cash incentive for potato export to 10 percent from this year.

Malaysia is the main destination for locally grown potatoes. The tuber is also sent to Singapore, the Middle East, Sri Lanka and Vietnam, according to exporters and government officials. Exporters here have to compete with Pakistan, China and India in the export destinations, mainly Malaysia.

Increased incentives for export will make exporters more price competitive and help ship higher quantity of potatoes. But these should not be cash incentives as subsidies always have an opportunity cost in terms of welfare losses. What Bangladesh needs right now are cold storage facilities in every potato growing area to ensure that disease of the tubers are minimized. More than anything, it will go a long way to ensure that our potatoes remain free from blight and are stored safely. This will ensure that we regain the markets we have lost.

Anything which decreases production costs can also be looked into. Research and development into high yield disease free tubers are yet another way we can regain the lost export competitiveness. Our farmers are hardworking enough --anything which can give them an upper hand should be looked into to ensure that we can also earn foreign currency from agricultural exports. This will enable us to diversify away from garments, and other areas like ICT development to help with potato farming can also be considered.

0 Comments. Share your thoughts also.
Write a comment
Tariff
Add Rate

News Archive

Inside The New Nation

Football »

FC Barcelona`s Lionel Messi (left) duels for the ball against Espanyol's Gerard Moreno during the Spanish La Liga soccer match between Espanyol and FC Barcelona at RCDE stadium in Cornella Llobregat, Spain on Saturday. Barcelona won the match 3-0.


Cricket »

Mashrafe returns home


Sports Reporter :Captain of Bangladesh National Cricket (ODI) team Mashrafe Bin Mortaza returned home on Sunday night from Sussex as his wife is seriously ill. Sumona Haque Sumi, wife of Mashrafe has been hospitalized in a hospital of city's Mohammadpur.Shahil Mortaza, son of Mashrafe Bin Mortaza is also ill.After knowing ...

City »

Journalists` leaders paid last respect to the Special Correspondent of Bangla Tribune Omar Farruque by placing floral wreaths on his coffin at Dhaka Reporters Unity on Sunday.


Editorial »

May Day must mean productive partnership, not class struggle


TODAY is the historic 'May Day' to remember the sacrifice of workers who laid down their lives in Chicago city in the USA in 1986 in demand for 8-hour daily work and protesting cruelty of wealthy employers. It is now observed all over the world every year as International Workers ...

Entertainment »

Film Directors` Association ban Shakib Khan


Bangladesh Film Directors’ Association  banned popular Dhallywood actor Shakib Khan for indefinite period over his recent ‘derogatory comments’ on directors and artistes. Bodiul Alam Khokon, Director General of Film Directors’ Association, made the announcement at a press conference at Bangladesh Film Development Corporation (BFDC) in the city on Saturday. The ...

Entertainment »

Ariful Haque hospitalized


Entertainment Report :Veteran Bangladeshi actor Ariful Haque has been admitted into Hamilton Hospital in Canada after facing severe illness. Sanzar Arif Pial, son of this ailing actor, told this correspondent over mobile phone yesterday, “After brain stroke my father has been admitted into hospital. Therefore, he has old age complications. ...

International »

Trump attends 100-day rally skipping WH correspondents` dinner


The Washington Pos :President Donald Trump marked his 100th day in office with an event touting what he called his administration's "historic progress," even as his prime focus early in the campaign rally focused on his long-running antagonism with the news media.Trump wasted no time mentioning the "big gathering" in ...

Editorial »

Co-curricular science activities ignored in schools


SCHOOLS take limited or no interest in science based co- curricular activities that could help develop students' interest in studying science and their scientific outlook. Academicians said that schools were seldom seen holding their own in-school science fairs.They find it quite puzzling that there was a serious dearth of initiative ...

Football »

Brazil`s Chapecoense players leave the field after losing a Copa Libertadores soccer match 3-0 to Uruguay`s Nacional in Montevideo, Uruguay on Thursday.


Football »

Members of Bangladesh Muktijoddha Sangsad Krira Chakra with the officials of Bangladesh Football Federation (BFF) pose for a photo session after completing their players' transfer window at the BFF House on Saturday.


Entertainment »

Sanjay met Vinod Khanna just before the latter`s demise


Sanjay Dutt reportedly met Vinod Khanna a few days before the veteran's death it seems. According to a report in a leading daily, Dutt went to meet Khanna last week. Normally outsiders aren't allowed to meet the patients but when Khanna heard that Dutt had come to meet him, he ...

Entertainment »

John Abraham's next won't be


John Abraham has been quietly working on his next, which is produced by his own JA Entertainment and will be based on events revolving around the 1998 Pokhran nuclear test. He has luckily booked for the December 8 slot this year, which gives him a two week's clear run and ...

City »

Chairman of Dipto Television Kazi Zahidul Hasan speaking at the documentary film show on `Life and Work of Bangabir General MAG Osmani` made by Iqbal Bahar Chowdhury at a ceremony held at Dipto Television Bhaban in the city on Saturday.


International »

German FM refers to `nepotism` regarding Ivanka Trump`s role


AFP, Berlin :German Foreign Minister Sigmar Gabriel Saturday criticised Ivanka Trump's role as an adviser to her father in the White House, describing it as a form of "nepotism.""For me there are things that remain strange, like for example the visit of his daughter to Germany which was treated almost ...

Editorial »

Emerging threat from Myanmar to our apparel trade


MEDIA report said quoting international business study report that Myanmar is fast emerging as a formidable garment exporter to global market becoming a challenger to Bangladesh. As per report compiled by Consultancy Firm Kurt Salmon Bangladesh is still preferred as the most attractive destination to European retailers among six Asian ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news