How much does the country earn by exporting hilsa to India?

 How much does the country earn by exporting hilsa to India? It is better if you give hilsa in India for more profit. But I can't eat such expensive fish.

Bangladesh has been sending out hilsa fish to India for a long time before Durga Puja. On a similar event, the public authority has endorsed the product of 3000 tons of hilsa fish to India. Subsequently, Indians, particularly the residents of West Bengal, are getting Hilsa from Bangladesh before Durga Puja, what begins on October 8.

In the commodity strategy of Bangladesh, hilsa is in the rundown of exportable items subject to conditions. So it must be traded with the endorsement of the public authority. Service of Business endorsed the product of hilsa today Saturday. Presently intrigued exporters need to apply to the Service of Business by 24 September 12 early afternoon.

The people who have proactively applied don't have to apply once more. There is an extraordinary interest in Bangladeshi Hilsa fish in West Bengal, India. The information investigation of the most recent five years shows that how much hilsa traded from Bangladesh is just 0.29 percent of the complete creation. Aside from this, not exactly how much hilsa that the public authority supports for trade goes to India.

For instance, Service of Business permitted 3 thousand 950 tons to 79 organizations last year, however 802 tons of hilsa were sent out through Benapole and Akhaura land ports.

In the Public Commodity Strategy (2015-18) distributed on September 6, 2015, Hilsa fish is put in the rundown of restrictively exportable items. It is kept similar in the following two commodity arrangements. Nonetheless, the primary consent to send out hilsa was given in 2019.

The initial three transfers were sent through Sebar's Benapole land port at a pace of $6 (Bangladeshi taka 507) per kg of hilsa. Afterward, in any case, it expanded to $10 per kg. As per the information of the Public Leading group of Income (NBR), 476 tons or 4 lakh 76 thousand kg of hilsa were traded in the financial year 2019-20.

The pay is 3.9 million bucks. In the financial year 2020-21, 1 thousand 699 tons of hilsa were traded and the pay was 1 crore 64 million bucks. Around then, hilsa fish was sent out at the cost of 10, 6 and 8 bucks for every kg. In the financial year 2021-22, 1 thousand 230 tons were traded and the pay was 1 crore 24 lakh dollars.

The product cost was $10 per kg. In the financial year 2022-23, 1 thousand 391 tons of hilsa were traded and the pay was 1 crore 38 million bucks. In the last monetary year 2023-24, Bangladesh procured 80 million bucks through the commodity of 802 tons of hilsa. Around then, the product cost of hilsa fish per kg was 10 bucks or 1 thousand 98 taka.

Breaking down the information of fish import and commodity with India, it tends to be seen that Bangladesh has procured 4 crore 87 lakh dollars by trading different kinds of fish incorporating hilsa to India in the last monetary year 2023-24. Different fishes incorporate Pabda, Vetki and Punti. Interestingly, Bangladesh imported 63,000 tons of new and dried fish worth 3.55 million bucks from India during a similar period.

From that nation are imported fish, for example, laitta, kanchki and poa shuntki as well as roe, catla, poa and mackerel. It is feasible to meet the cost of dried fish imported from India with the pay that Bangladesh gets from sending out hilsa.

The Bangladesh government has endorsed the product of hilsa, this time individuals of Kolkata and West Bengal should eat hilsa at a more exorbitant cost. Since the cost of fish is still exceptionally high in Bangladesh.

The cost of one kilogram of ocean hilsa now goes from Tk 1,300 to Tk 1,400. Also, the cost of hilsa for 700-800 grams resembles 1 thousand 100 taka. Notwithstanding, the cost of hilsa fish found in the waterway is higher.