Dhaka, July 4 -- Bangladesh's jute and jute goods sector has become pale as year-on-year exports have slipped from the billion-dollar club even after huge government investments for sectoral development, analysts say.

Local manufacturers and jute processors exported goods worth $820.16 million in the just-concluded fiscal year of 2024-25, the Export Promotion Bureau (EPB) data shows.

The export of what was once Bangladesh's golden fibre failed to return to the billion-USD-mark after the fall from that position in FY23.

The earnings from the shipments of jute and jute goods were an impressive $1.16 billion in FY21, which then started falling, official data shows.

In FY22, export earnings slipped to $1.13 billion and maintained a steep ...