SHRIMP EXPORT OF BANGLADESH
Abstract
Bangladesh frozen food sector in other words the shrimp export has a greater potentiality to
achieve the highest foreign currency. This sector added 1.9 percent in export income and 3.65
percent in GDP in the year of 2015-2016 according to the BFFEA data. Bangladesh has the global
standard approval for its shrimp processing plants. However, the shrimp export market is making
the opposite earnings even as the demand level is increasing. Due to competitions, political issues,
environmental disturbances, shortage in the organizational development along with the price
fluctuations of necessary raw materials the shrimp sector is suffering. This paper focuses to analyze
the recent position of the shrimp export market, the main products of the frozen food sector, the
countries that imports Bangladesh’s shrimps and the complications this sector suffers and also
some recommendation that may improve the situation.