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INTERNATIONAL ISLAMIC UNIVERSITY CHITTAGONG
Kumira, Sitakunda, Chittagong. Phone:IIUC PABX :0304-251155
www.iiuc.ac.bd
.
Department Of Economics & Banking.
Course Code: ECON-3507
Course Name: Agricultural Economics
.
Submitted To: Shah Meraz Rizvi
ID No: EB161045
Semester: 5th.
Submitted By: Mr. Zobayer Ahmed , Lecturer, IIUC
Submission Date: 5/5/2018
Subject:
An Overview Of Agricultural Sector In Bangladesh
Bangladesh GDP from Agricultural (2006-17)
SWOT Analysis Of Agricultural Sector In Bangladesh
Recommendation
Conclusion
Topic: Agricultural Sector In Bangladesh
Agricultural is the most important sector of Bangladesh economy. The total land in Bangladesh is 61.2% of the total land
area. Bangladesh agricultural depends on main three crops – Rice, Jute, Tea.
Rice is grown almost entirely for domestic consumption, while jute and tea are the main earners. In addition to these
products, Bangladeshi farmers produce Suger, Tabacco, Cotton, various fruits and vegetable, fishes for the domestic
market.
Jute is the “golden fiber” of Bangladesh. It is the main export earner for Bangladesh. Agricultural Bangladesh remains the
world’s second – largest producer of jute (after india) and the world’s largest exporter of fiber. jute is traditionally used for
the fiber of carpet backing, burlap, bags, cheap paper, various other purpose. But the decline in jute production is
attributed to delining world prices for this crop and to farmers switching to other crops.
Bangladesh also produces tea leaves, mainly for export although the export of this product contributes only 1% of the
countries hard current earning, In 1998-99 the country produced 56000 metric tons of tea leaves, but it could produce
twice amount, the main obstacle to increasing production is in falling prices for tea in the international market and its
management and regulation problems in the industry in the country.
Fishing is another important activity in the country. Bangladesh mainly exports its shrimp to the international market.
An another side Bangladesh agricultural produce seasonal farming.
example: Fruits- mango, jackfruit, litchi, watermelon etc.
Vegetable: sim, brinjal, cauliflower, cabbage etc.
and some fruits and vegetable to produce at all time & all season. example: banana, papaya etc.
An Overview Of Agricultural Sector In Bangladesh
GDP from agricultural in bangladesh increased to 10117.30 BDT Million in 2017 from 9922.80 BDT Million in 2016.
GDP from agricultural in bangladesh average 8747.38 BDT Million from 2006 until 2017, reaching an all time high of
10117.30 BDT Million in 2017 and record low of 7017.10 BDT Million in 2006.
Bangladesh GDP from Agricultural (2006-17)
0
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
7779.2 7968.2
8490.4 8820.6 9033.2 9165.6 9515.1 9748 9922.8 10117.3
0
2000
4000
6000
8000
10000
12000
BDTMILLION
BANGLADESH GDP FROM AGRICULTURAL
So we are see that GDP from agricultural is the single largest producting sector of the economy since in comprises about
30% of country’s GDP and employs around 60% of total labour force. Agrcultural sector performance has an over impact
on major macroeconomic objective like employment generation, proverty alleviation, human resource development
and food security
Source: Bangladesh Bouro
Sector Actual- 2017 Previous -2016 Lowest-2006
GDP from Agricultural 10117.30 9922.80 7017.10
SWOT Analysis Of Agricultural Sector In Bangladesh
A SWOT analysis used help to agricultural sector to making decision and identifying agricultural sector new policy.
S (Strengths) and W (Weaknesses) refers to internal factor in agricultural. Example: Financial resource, physical resource,
human resource, natural rersource, current processes in agricultural sector.
On the other hand, O (Opportunities) And T (Threats) refers to external factor in agricultural. Example: Market trades,
economics trades, funding, demographics, political, enviromental etc in agricultural sector.
Strengths, Weaknesses, Opportunities, Threats analysis of agricultural sector in Bangladesh:
Strengths:
 Having competent and
human resource.
 Having professional
manpower.
 Specific agricultural
knowledge.
 Follow up planning.
 Working with groups.
 Farms training center.
 Technological support.
 Critical skills and
knowledge.
 Physical capital.
 Friendly enviroment.
Weaknesses:
 Natural calamity (flood,
cyclone, heavy raining etc).
 Inadequate communication.
 Lack of raw material.
 Lack of awareness.
 Lack of incentives for efficient
extension worker.
 Lack of quality education.
 Lack of new technology.
 Lack of warehousing.
 Lake of identification and
treatment.
 Poor knowledge.
Opportunities:
 Low production cost.
 Availability of labor.
 Private sector involved.
 Export to international
aid.
 Growing domestic
market.
 Employment.
 Increasing livelihoods
Threats:
 Industrial sector increased-
less of agricultural land.
 Erosion of river banks.
 Global warming and climate
challange.
 Population Growth.
 Land scarcity.
 Quality control
 Rapid urbanization
Agricultural sector developing day by day. It’s sector more demanded day by day in foreign market. Agricultural sector
removes proverty, unemployment. It’s sector keeps important tradition in our country. Present time agricultural sector is
unfortunate because farmers work hard for agricultural products but get very poor output. Other side Capitalist owner try
to increase industry to less agricultural land. Herein our agricultural land decrease in day by bay. Government assay to
sustainable planning for agricultural sector.
Our country maximum farmers uneducated. It is first and foremost duty to impact agricultural education to our farmers.
They should be taught the use of scientific method of cultivation.
Recommendation
Conclusion
Agricultural is the backbone of our national economy, top-priority should be given for the development of our agricultural.
All time any government of Bangladesh has undertaken various programmers for the improvement of agricultural.
Bangladesh agricultural is now in the process of transformation from subsistence farming into commercial farming.
Bangladesh has already entered into foreign market for export of vegetables, fishes and other high values crops. This
process opens private sector investment in the areas of production of high value crops, production of seeds, of chemical
and blended fertilizers, agro-processing enterprises etc. Finally, for longer term growth, well-designed management of the
water resources is absolutely essential and will be particularly important from adaption to climate change.
Thank YOU
Shahmerazrizvi@gmail.com

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Agricultural sector in bangladesh

  • 1. INTERNATIONAL ISLAMIC UNIVERSITY CHITTAGONG Kumira, Sitakunda, Chittagong. Phone:IIUC PABX :0304-251155 www.iiuc.ac.bd . Department Of Economics & Banking. Course Code: ECON-3507 Course Name: Agricultural Economics . Submitted To: Shah Meraz Rizvi ID No: EB161045 Semester: 5th. Submitted By: Mr. Zobayer Ahmed , Lecturer, IIUC Submission Date: 5/5/2018
  • 2. Subject: An Overview Of Agricultural Sector In Bangladesh Bangladesh GDP from Agricultural (2006-17) SWOT Analysis Of Agricultural Sector In Bangladesh Recommendation Conclusion Topic: Agricultural Sector In Bangladesh
  • 3. Agricultural is the most important sector of Bangladesh economy. The total land in Bangladesh is 61.2% of the total land area. Bangladesh agricultural depends on main three crops – Rice, Jute, Tea. Rice is grown almost entirely for domestic consumption, while jute and tea are the main earners. In addition to these products, Bangladeshi farmers produce Suger, Tabacco, Cotton, various fruits and vegetable, fishes for the domestic market. Jute is the “golden fiber” of Bangladesh. It is the main export earner for Bangladesh. Agricultural Bangladesh remains the world’s second – largest producer of jute (after india) and the world’s largest exporter of fiber. jute is traditionally used for the fiber of carpet backing, burlap, bags, cheap paper, various other purpose. But the decline in jute production is attributed to delining world prices for this crop and to farmers switching to other crops. Bangladesh also produces tea leaves, mainly for export although the export of this product contributes only 1% of the countries hard current earning, In 1998-99 the country produced 56000 metric tons of tea leaves, but it could produce twice amount, the main obstacle to increasing production is in falling prices for tea in the international market and its management and regulation problems in the industry in the country. Fishing is another important activity in the country. Bangladesh mainly exports its shrimp to the international market. An another side Bangladesh agricultural produce seasonal farming. example: Fruits- mango, jackfruit, litchi, watermelon etc. Vegetable: sim, brinjal, cauliflower, cabbage etc. and some fruits and vegetable to produce at all time & all season. example: banana, papaya etc. An Overview Of Agricultural Sector In Bangladesh
  • 4. GDP from agricultural in bangladesh increased to 10117.30 BDT Million in 2017 from 9922.80 BDT Million in 2016. GDP from agricultural in bangladesh average 8747.38 BDT Million from 2006 until 2017, reaching an all time high of 10117.30 BDT Million in 2017 and record low of 7017.10 BDT Million in 2006. Bangladesh GDP from Agricultural (2006-17) 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 7779.2 7968.2 8490.4 8820.6 9033.2 9165.6 9515.1 9748 9922.8 10117.3 0 2000 4000 6000 8000 10000 12000 BDTMILLION BANGLADESH GDP FROM AGRICULTURAL So we are see that GDP from agricultural is the single largest producting sector of the economy since in comprises about 30% of country’s GDP and employs around 60% of total labour force. Agrcultural sector performance has an over impact on major macroeconomic objective like employment generation, proverty alleviation, human resource development and food security Source: Bangladesh Bouro Sector Actual- 2017 Previous -2016 Lowest-2006 GDP from Agricultural 10117.30 9922.80 7017.10
  • 5. SWOT Analysis Of Agricultural Sector In Bangladesh A SWOT analysis used help to agricultural sector to making decision and identifying agricultural sector new policy. S (Strengths) and W (Weaknesses) refers to internal factor in agricultural. Example: Financial resource, physical resource, human resource, natural rersource, current processes in agricultural sector. On the other hand, O (Opportunities) And T (Threats) refers to external factor in agricultural. Example: Market trades, economics trades, funding, demographics, political, enviromental etc in agricultural sector. Strengths, Weaknesses, Opportunities, Threats analysis of agricultural sector in Bangladesh: Strengths:  Having competent and human resource.  Having professional manpower.  Specific agricultural knowledge.  Follow up planning.  Working with groups.  Farms training center.  Technological support.  Critical skills and knowledge.  Physical capital.  Friendly enviroment. Weaknesses:  Natural calamity (flood, cyclone, heavy raining etc).  Inadequate communication.  Lack of raw material.  Lack of awareness.  Lack of incentives for efficient extension worker.  Lack of quality education.  Lack of new technology.  Lack of warehousing.  Lake of identification and treatment.  Poor knowledge. Opportunities:  Low production cost.  Availability of labor.  Private sector involved.  Export to international aid.  Growing domestic market.  Employment.  Increasing livelihoods Threats:  Industrial sector increased- less of agricultural land.  Erosion of river banks.  Global warming and climate challange.  Population Growth.  Land scarcity.  Quality control  Rapid urbanization
  • 6. Agricultural sector developing day by day. It’s sector more demanded day by day in foreign market. Agricultural sector removes proverty, unemployment. It’s sector keeps important tradition in our country. Present time agricultural sector is unfortunate because farmers work hard for agricultural products but get very poor output. Other side Capitalist owner try to increase industry to less agricultural land. Herein our agricultural land decrease in day by bay. Government assay to sustainable planning for agricultural sector. Our country maximum farmers uneducated. It is first and foremost duty to impact agricultural education to our farmers. They should be taught the use of scientific method of cultivation. Recommendation Conclusion Agricultural is the backbone of our national economy, top-priority should be given for the development of our agricultural. All time any government of Bangladesh has undertaken various programmers for the improvement of agricultural. Bangladesh agricultural is now in the process of transformation from subsistence farming into commercial farming. Bangladesh has already entered into foreign market for export of vegetables, fishes and other high values crops. This process opens private sector investment in the areas of production of high value crops, production of seeds, of chemical and blended fertilizers, agro-processing enterprises etc. Finally, for longer term growth, well-designed management of the water resources is absolutely essential and will be particularly important from adaption to climate change.