The Rise of Indian Jute Bag Exports
This blog post has been authored by Ankam Maneesh, International Business Analyst at Arthashastra Intelligence
Imagine a world overflowing with plastic bags. Not a pretty picture, right? Thankfully, there’s a sustainable alternative on the rise – jute bags. India, the world’s largest producer of jute, is leading in the eco-friendly packaging with increasing jute bag exports.
India’s Jute Legacy:
Jute, a natural fibre extracted from the jute plant, has been into use for over 150 years and West Bengal is India’s major jute producer.
Between April and October 2021 alone, jute bag exports of India reached a staggering USD 263 million. This upward trend signifies a growing awareness on the negative impact of plastic and a shift towards eco-conscious choices.
Top 5 International Destinations to export Jute Bags from India: (data: 2022)
In 2022, India’s export of jute bags saw significant trade value in several international destinations. The top 5 countries that stood out as key markets for Indian jute bags were:
| Countries | Trade Value (Million USD) |
|---|---|
|
Ghana
|
$ 45.9 M |
|
Cote d’lvoire |
$ 28.8 M |
|
Netherlands |
$ 9.7 M |
|
United States
|
$ 7.4 M
|
|
Sudan
|
$ 5.2 M
|
|
Tanzania
|
$ 4.4 M
|
|
Australia
|
$ 4.2 M
|
|
United Kingdom |
$ 3.8 M
|
|
Germany
|
$ 3.1 M
|
|
Spain
|
$ 3.1 M
|
This data highlights the global demand for Indian jute bags, with West African countries like Ghana, Cote d’lvoire, Sudan and Tanzania emerging as significant markets alongside the United States and European countries like the Netherlands, UK, Germany and Spain. Australia is also a significant importer of Indian Jute bags.
Essential Steps for Jute Bag Exports:
Following is a brief checklist before starting your Jute Bags trade:
- Essential Documents: Secure an Import Export Code (IEC), Digital Signature from the Directorate General of Foreign Trade (DGFT), ICEGATE and AD (Authorised Dealer) Code Registrations. These act as your official documents to participate in international trade.
- Quality is Key: Make sure your jute bags meet international standards for strength, durability, and eco-friendliness. Partnering with reliable manufacturers is crucial for maintaining a reputation for top-notch quality.
- Research: Research your target countries, understand their regulations and preferences for jute bags.
Arthashastra: Your One-Stop Partner for Jute Bag Exports
Exporting jute bags can be a complex process, but no need to worry. Arthashastra is your one-stop solution, offering end to end trade services to streamline your export business.
Company setup and EXIM documentation: We’ll handle all the tiring paperwork, ensuring you comply with all regulations.
Product feasibility reports: Gain valuable insights into market demand and tailor your jute bag offerings.
Buyer outreach and market research: We’ll connect you with potential buyers and provide in-depth market research to help you get the best deals.
Logistics and freight management: From finding reliable shipping partners to ensuring smooth customs clearance, we’ll take care of the entire logistics.
Weaving a Sustainable Future
India’s jute industry is not just about exports and profits, it’s also about environmental responsibility. The industry actively promotes eco-friendly practices and provides tax benefits to exporters, further solidifying India’s commitment to a greener future.
Contact Arthashastra today to leverage your eco – friendly trade business.
References:
https://www.corpseed.com/knowledge-centre/export-jute-products-from-india
https://exportimport.guru/Exim_SEO/Single/Exporting/Import_jute_bags_from_India
https://indiasourcing.net/ashoka-export/
https://www.ibef.org/exports/jute-industry-india