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Sales slump in Dhaka International Trade Fair, spot orders drop by over $10 million
Sales and spot orders for export at the Dhaka International Trade Fair have plunged this year even after it was extended for four days.
Published : 4 Feb 2018, 02:50 PM
Updated : 4 Feb 2018, 02:50 PM
The annual shopping gala organised by the government’s Export Promotion Bureau or EPB have drawn $20 million in spot orders, down from $30.43 million last year.
Sales have also dropped significantly.
Goods worth over Tk 878 million have been sold in the fair against last year’s Tk 1.13 billion.
Commerce Minister Tofail Ahmed disclosed the figures at the concluding ceremony of the expo on Sunday.
The month-long DITF starts on the first day of the year and almost every year the organisers give in to the demand for an extension.
This year it was extended by four days, which ended on Sunday.
Speaking at the ceremony, Minister Tofail described this year’s fair as a ‘success’, which he said was an outcome of political stability in the country.
“The DITF venue will be shifted to Purbachal from 2020,” he said.
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