Bangladesh currently imports around 7 million tonnes of wheat annually, mainly from the Black Sea region.
The United Nations ranks Iraq as the fifth most vulnerable country to climate change.
This inflationary trend comes despite a bumper Boro crop, the largest in Bangladesh’s history.
The profits comes despite headwinds such as currency devaluation, rising energy prices, and higher logistics costs impacting the milling sector.
The prices and import quotas were agreed upon during the stakeholder workshop held from June 24–27, 2025