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Coffee production for marketing year (MY) 2022/23 (April to March) is forecast at 354,000 60-kg bags of Green Bean Equivalent (GBE) basis, an increase of 36 percent over the MY 2021/2022 estimate of 261,000 60-kg bags, due an increase in expected area harvested and improved pruning techniques.
Bangladesh consumes approximately 6 million metric tons of chemical fertilizers annually, of which about 80 percent are imported. The four major imported chemical fertilizers in Bangladesh are urea, triple super phosphate, diammonium phosphate, and muriate of potash (MOP). Russia and Belarus were the dominant suppliers of MOP in Bangladesh.
On May 4, 2022, Ecuador’s President Guillermo Lasso appointed Mr. Bernardo Manzano as his 3rd Minister of Agriculture and Livestock (MAG).
On February 22, 2022, the Government of Bangladesh (GoB) revised the permissible wastage rate for basic garment products to 29 percent, specialized products to 32 percent, and sweaters and socks to 16 percent.