Scenario Analysis of Tea Export from Bangladesh in World Market: Some Policy Suggestion

Bangladesh has turned a tea importer from a tea exporter, mainly for an increasing domestic consumption trend. Earlier, Bangladesh exported tea to many countries, but now many private companies in the country are importing tea from abroad to fulfill its local demand. The country produce 80, 000 thousand kilogram tea in 2016-17. But the country export only 2, 320 thousand kilogram tea to seven countries among which Pakistan was the top listed country and Consol was the top listed exporter company among nine exporter companies during the same year. To mitigate the internal demand the country import 77.00 thousand kilogram tea from abroad in 2016. World market scenario analysis shows that export performance of tea in China is increasing day by day and obtained first position in 2016-17. Srilanka, Kenya and India obtained the 2nd, 3rd and 4th position in the same year. The export performance of tea from Bangladesh is decreasing at a high rate. This analysis helps the government and policy maker to take some necessary steps to decrease the import and to increase the export of tea from the country.