Prospects of Flower Business in Bangladesh and Abroad

Abstract

Flower is a widely used product around the world. Global export of Cut flowers and flower buds for bouquets, fresh or dried (H.S. 0603) was UDS 7375, 7680, 8387, 8480 and 8442 million in 2009, 2010, 2011, 2012 and 2013 respectively. Top 10 Cut flowers-exporting countries are the Netherlands, Colombia, Ecuador, Kenya, Belgium, Ethiopia, Malaysia, Italy, Germany and Israel. Top 10 Cut flowers-importing countries are the United States of America, Germany, United Kingdom, Netherlands, Russian Federation, France, Japan, Belgium, Italy and Switzerland. Bangladesh exported Cut flowers, worth $16.58m, during July-November 2013 into a few destinations like India, Pakistan, Italy, Portugal, Saudi Arabia, the United States, South Korea, the Philippines, Singapore, Japan, Germany, Britain, Denmark and France. Our stake in the global trade of Cut flowers is negligible i.e. 0.3 per cent. We have good potential in the production of Cut flowers due to favourable environment and fertile land; it's a cash cow crop for the farmers.