Being a major player in the long history of jute trade and having finest natural fiber, Bangladesh has always had an advantage in raw jute trading. Bangladesh is still the largest producer and exporter of raw jute in the world. After the separation of Bangladesh (East Pakistan) from Pakistan in 1971, the jute trading was not limited to specific groups like India or Pakistan. After the independence of Bangladesh, most privately owned jute mills were nationalized under the socialist policies of the Awami League government.
Later, to control these jute mills in Bangladesh, the government built up Bangladesh Jute Mills Corporation (BJMC). No other jute mills were allowed to grow in the private sector before 1975. After Ziaur Rahman became Bangladesh president a new age dawned upon the Bangladesh jute industry. This incident grew many raw jute traders from different corners of Bangladesh who used to supply raw jute to BJMC owned jute mills. This group of traders are called Beparis, who buy raw jute directly from the farmers.
Bangladesh Jute Mills Corporation (BJMC), a public corporation in Bangladesh, is the largest state owned manufacturing and exporting organization in the world in the jute sector.
BJMC owns and operates a number of jute mills around Bangladesh:
Bengal Jute Industries Limited, Pride Jute Mills Ltd (Estd: 2003), Golden Jute Industries Ltd (Estd: 2012) Bangladesh Jute Mills, Karim Jute Mills, Latif Bawany Jute Mills, U.M.C Jute Mills, Janata Jute Mills, Qaumi Jute Mills, Rajshahi Jute Mills.
Afil Jute Mills Ltd, Aleem Jute Mills, Carpeting Jute Mills, Crescent Jute Mills, Eastern Jute Mills, Jessore Jute Industries, Peoples Jute Mills, Platinum Jubilee Jute Mills, Star Jute Mills.
Amin Jute Mills, Amin Old Field, Gul Ahmed Jute Mills, Hafiz Jute Mills, Karnafuli Jute Mills, Development of Decorative Fabric, M.M. Jute Mills, R.R. Jute Mills, Bagdad-Dhaka Carpet Factory, Furat Karnafuli Carpet Factory BJMC also operates mills that does not deal in jute, including Galfra Habib Ltd., Mills Furnishing Ltd. and Jute-Fibre Glass Industry.
Jute cultivation and jute trade in Bangladesh are sectors where significant incidence of child labor has been observed and recorded in the 2014 TVPRA List issued by the Bureau of International Labor Affairs.