Proposal On
“An
Analysis on the Export Import Performance of Bangladesh” Course title: International Business Course code: BUS-585
Submitted to:
Mr. Md. Gazi Munir Uddin Guest Teacher
Submitted by: Name Safinaz Amin Anni Shanu Uddin Rubel Ahmed Shehab Chy. Syed Yameen Muttaquee
ID 1301010707 1301010708 1301010743 1301010733
MBA Program
Submission Date: September 11, 2013
Department of Business Administration
Leading University, Sylhet. 1
Executive Summary Not the single country in the world can’t c an’t fulfill their internal demand with its own production so they need to involve in foreign trade. All country in the world exchanges their product through import & export and fulfills their demand. On the other hand they also earn foreign money by international trade and contribute their economy. Bangladesh also makes their economic structure strong through import & export. This paper attempts to provide synopsis of Import Export performance of Bangladesh. In this assignment we will also discuss about the major commodities that are export & import by Bangladesh, products & country wise analysis, problems & challenges faced by Bangladesh in Export & Import business and so on. In this paper we will discuss the opportunity of import & export in Bangladesh, and what kinds of troubles they are facing.
2
Table of Content Particular
Page number
Chapter 1
1.1 Background of the study
6
1.2 Objectives
6
1.3 Scope
6
1.4 Methodology 1.5 Limitation of the Study
7-8 9
Chapter 2: An Overview about the Import & Export of Bangladesh
2.1 Bangladesh Trade Overview 2.2
Bangladesh Trade History
2.3 Bangladesh trade Strategies
11 12 12-13
2.4 Import Restrictions
14
2.5 Import Duties
14
2.6 Issuance of Import Registration Certificate and an Ex porter
15-16
having Export Registration Certificate 2.7 Future Trade Agenda
16
Chapter 3: Product & Country wise Analysis of Import & Export 18-19
3.1 Bangladesh Exports Commodities 20-21
3.2 Bangladesh Imports Commodities 3.3 Total Export & Import From (2012- 2014) 2014 ) in Million US $
21-22
3.4 Trend analysis of Total Import –Export –Exp ort & Foreign Remittance
22-23
earning (2007-12) Chapter 4: Opportunity, Problems & Challenges facing by Bangladesh
4.1 Trade and Business Opportunities in Bangladesh
25
4.2 Challenging Issues for Bangladesh
26
3
4.3 Most Problematic Factors of Bangladesh
27
Chapter 5: Conclusion & Recommendations
5.1 Conclusion
29
5.2 Recommendations
30
References
31
Appendix-1
32-33
Appendix-2
34-35
Apendix-3
36-39
Apendix-4
39-47
Questionnaires
48
4
Chapter-1
5
An Analysis into the Export Import Performance of Bangladesh 1.1 Background of the study Bangladesh is widely recognized as one of the most climate vulnerable countries in the world. For Bangladesh, climate change is a serious long term threat for sustainable development. The Bangladesh economy has experience both macroeconomic stability and robust economic growth following the transition to a democratic rule in the early of 1990’s. With continued economic growth Bangladesh Economy has established itself on solid foundation. Despite global economic recession during 2008-2009, Bangladesh is managing its economy remarkably well and maintaining its growth momentum. Not the single country in the world can’t fulfill their internal demand with its own production so they need to involve in foreign trade. All country in the world exchanges their product through import & export and fulfills their demand. This paper attempts to provide synopsis of Import Export performance of Bangladesh. Banglad esh.
1.2 Objectives Broad Objective: An analysis on the export import performance of Bangladesh.
Specific Objective: Identify major commodities that are Export & Import by Banglad esh. • •
Products & Country wise Analysis of Import & Export.
•
Find out problems & challenges faced by Bangladesh in Export Ex port & Import business.
•
Trade and business opportunities in Bangladesh
1.3 Scope The main focuses of this assignment is to find out the performance of Export and Import of Bangladesh and the boundary of this report is how Bangladesh is doing Import & Export within SAARC countries. This paper requiring us to identify present major Export & Import commodities & trade policies of Bangladesh.
6
1.4 Methodology Sources of information
We have collected our information in formation from two sources. They are Primary Sources ⇒
Employees of Export & Import promotion bureau.
⇒
Stakeholders.
Secondary Sources ⇒
Statistical report & statement of Import & Export.
⇒
Web site of the organization
Study Approach
Focus group Discussion Study tools Questionnaire ⇒
Open end
Mechanical ⇒
Computer
⇒
Photocopier
⇒
Stapler
⇒
Punching Machine
⇒
Pencil, Paper, Pen
⇒
Modem
⇒
Pen drive
7
Sampling plan Sample Unit: •
Import Promotion Bureau of Sylhet
•
Export promotion bureau of Sylhet,
•
Stake holders relevant to Export & Import.
•
Office of the Chief Controller of Imports & Exports.
Sample Size: Thus our report is based on Import & Export performance of Bangladesh, so
we only have the opportunity to get information from Import & Export Bureau of Sylhet, Bangladesh. We have tried our level best to get all the information needed for this report. Mainly, we have collected data from exporters, middleman and organizations in Sylhet city. Sample Unit
City/Location
Employee of Export Promotion Export Promotion Bureau Shuvhanigat, Sylhet. Employee of Import promotion Import Promotion Bureau Sibgang, Sylhet. Number of exporters Sylhet, Bangladesh. Number of Importers
Sylhet, Bangladesh. Total sample Size =
Number of Sample Bureau,
3
Bureau,
4 2 1 10
h ave used random sampling for collecting data for Sample Procedure: For our analysis we have the study.
Contract Methods: Our contract methods associated with •
Face to face conversation
•
Telecommunication
8
1.5 Limitation of the Study Though a very comprehensive and a well organized report has been tried to be produced but there are still some limitations present here.
1. Employee of both Import & Export bureau doesn’t maintain the entire document in paper form; they maintain data of Sylhet division rather than Bangladesh. Provided information was insufficient for this report, that’s why they gave us some web-site info so that we can collect the whole information of overall Import & Export Ex port info of Bangladesh. 2. For above reason we could not collect sufficient primary data as we planed and unwillingly to complete this report we had to use the available source of secondary data suggested by the Bureau.
3. There is a lack of available update data regarding the assignment topic in Internet.
9
Chapter-2 An Overview about the Import & Export of Bangladesh
10
2.1 Bangladesh Trade Overview Bangladesh economic growth over the last half decade is more than 6 percentages and fastest real trade growth country rank 13th out of 152 countries (WTI 2008) is emerging economy in South Asia. The real export growth is more than 9 percent higher than all other south Asian countries except India (WTI 2008). Bangladesh export share to GDP was 10 percent in 2004 which was the lower than India, Pakistan, Sri Lanka, even Cambodia just higher than some least developed Countries in Africa. The export share to GDP has been increasing over the year but not very significant. The export share to GDP in 2007 is 17 percent (Export Promotion Bureau 2008). However, Bangladesh launched comprehensive trade reforms in the early 1990s that included substantial reduction of tariffs, removal of quantitative restrictions, and moves from multiple to a unified exchange rate and from a fixed to freely floating exchange rate system to increase its export performance. Nonetheless, the economy is still saddled with one of the least liberal trade policy regimes in the world, reflected in its rank near the bottom (140th out of 152 countries) on the latest Trade (MFN) Tariff Restrictiveness Index (TTRI) (WTI 2008). The MFN applied simple tariff average of 14.14 percent in 2007 is lower than its late 1990s average of 21.8 percent and similar to the regional mean, which however is lower compared to India. The garments export industry is allowed duty free import of raw materials. The maximum tariff rate has declined from a high of 300 percent in the late 1990s to just 25 percent in 2007 (WTI 2008). The country has liberalized its banking and telecommunication sectors. Although, Bangladesh did not make any commitment in financial sector under GATS but the rate of liberalization in the financial sector has been quite rapid. This is a sector where Bangladesh has limited export but very crucial for country’s economic development. However, the low overall GATS commitment suggests ample room for greater future multilateral commitments to services liberalization.
11
2.2 Bangladesh Trade History Bangladesh is a poor country featuring negative trade balance since its independence in 1971. The country’s economy experienced vast improvement in the 1990s. However, foreign trade in South Asian region still is an area of concern. The value of imports doubled between 1971 and 1991 as compared to the value of exports. The trade deficit has declined considerably owing to an increase in exports since 1991. A closer look at the trade statistics of the country reveals that in 1989-90, imports exceeded exports by 120%. This percentage came down to 56% in 1996 and 62% in 1997. The economy of Bangladesh was once riding on jute, its major produce. In the late 1940s, its share of the world jute export market was 80%, which came down to 70% in the 1970s. Unfortunately, the trend of polypropylene products across the globe led to a setback for the jute industry of Bangladesh.
2.3 Bangladesh trade Strategies The government has taken following strategies to boost export: • Simplification of export procedures and strengthening export-led co-operation through reducing regulatory role of the government; • Rationalization of the value of Taka Tak a to make the export ex port trade more attractive; • Creation of an Export Promotion Fund (EPF) for strengthening the export activities; • Encouraging establishment of backward linkage industries through utilization of locally available raw materials; • Participation in international trade fairs, single country exhibitions and specialized fairs and sending business delegations abroad for expansion and consolidation of existing markets and creation of new markets; • Expediting BMRE of existing wet-blue producing tanneries and converting them into finished leather producing and exporting units;
12
• Accelerating expansion of improved traditional and semi-intensive methods of shrimp cultivation for enhancing export off • Allowing import of high quality foundation-tea for blending and establishing the brand name of Bangladesh tea through marketing; • Taking measures to improve quality, increase production and expand market of exportable agricultural products; • Undertaking activities for increasing export of computer software, engineering consultancy and services; • Expediting steps for export of labor intensive electronic and engineering products keeping in view the market requirements in the USA and other developed countries; • Promoting export of electronic components and an d engineering items to various countries; • Providing appropriate financing facilities for production of components of electronic and engineering items for marketing on consignment basis; • Expanding the list of products under crash programmed beyond 4 products (toys, luggage and fashion items electronic and leather goods) and including 8 more items such as diamond cutting and polishing, jewelries making, stationery articles, silk, gift items, cut artificial flower & orchid, vegetables, engineering consultancy & services for export; • Organizing commodity-wise trade fairs of international standard in the cou ntry; • Developing and expanding expand ing infrastructural facilities for export trade; and • Creating product-development councils for important products.
13
2.4 Import Restrictions The government has moved to reduce the number of items on its list of banned imports and has eliminated the need for import licenses. However, some products are still banned from importation, including certain maps, obscene materials, socially or religiously offensive items, all types of wastes, and substandard or rejected goods, as well as all imports from South Africa or Israel. All commercial importers are issued pass books in which their import authorizations are validated. The issuance of a pass book is a formality for items not on the controlled or restricted lists. Pass books are valid for 12 months.
2.5 Import Duties Despite some recent reductions, tariffs in Bangladesh remain high, averaging over 50 percent. At the recommendation of the World Bank, Bangladesh has placed a 100 percent tariff ceiling on most goods, with the intention of bringing the ceiling down to 60 percent. A value-added tax (VAT) of 10 to 20 percent and additional fees, typically adding up to 15 percent of the cost and freight value, are also applied to imports. Duties are reduced to 2.5 percent for installation of imported machinery in less developed areas. Duties are also reduced to 2.5 percent for capital machinery and factories which use 70 percent or more indigenous materials and for imported machinery for export-oriented industries. Exemptions from duties and the import sales tax are available availabl e for a variety of goods.
14
2.6 Issuance of Import Registration Certificate and an Exporter having Export Registration Certificate Now an importer having Import Registration Certificate (IRC) and an Exporter having Export Registration Certificate (ERC) can Import & Export any permissible item without any value and quantity restrictions and without obtaining any permission from any autho rity. Procedure for issuance of Import Registration Certificate and Export Registration Certificate has been simplified. It requires only the following documents: (i)
Trade License;
(ii)
Membership Certificate from recognized Chamber/Trade Association;
(iii)
Tax Identification Number;
(iv)
Bank Certificate;
(v)
Memorandum and Articles of Association and Certificate of Incorporation (in case of Limited Company).
On submission of the above documents, we issue IRC/ERC within three hours, i.e. within the same day. The importers have been classified into 6 (six) categories on the basis of their value ceiling of of overall annual import. The initial category wise registration fees and annual renewal fees are as under: Category
Value Ceiling of annual import
Initial Registration fees
Annual renewal fees
First
Tk. 5,00,000
Tk. 5,000
Tk. 3,000
Second
Tk. 25,00,000
Tk. 10,000
Tk. 6,000
Third
Tk. 50,00,000
Tk. 18,000
Tk. 10,000
Fourth
Tk. 1,00,00,000
Tk. 30,000
Tk. 15,000
Fifth
Tk. 5,00,00,000
Tk. 45,000
Tk. 22,000
Sixth
Above Tk. 5,00,00,000
Tk. 60,000
Tk. 30,000
Source: Office of the Chief Controller of Imports & Exports
15
Exporters shall pay registration and renewal fees at the following rates:Exporter Indentor
Initial registration fees Tk. 7,000.00 TK. 40,000.00
Renewal fees Tk. 5,000.00 Tk. 20,000.00
Source: Office of the Chief Controller of Imports & Exports
The registration Form of IRC & ERC is given in the Appendix 1 & Appendix 2.
2.7 Future Trade Agenda Future trade liberalization program needs to focus on (a) reduction in the dispersion and average level of protection, (b) promotion of services export, (c) reduction of the reliance on limited number of goods through diversification of exports, (d) promotion of more efficient handling of custom and border procedures, and (e) a more efficient duty drawback system.
16
Chapter-3 Product & Country wise Analysis of Import & Export
17
3.1 Bangladesh Exports Commodities
Here are the major export commodities co mmodities of Bangladesh: •
Garments
•
Frozen fish and seafood
•
Raw Jute
•
Jute goods
•
Leather
•
Knitwear
•
Leather
•
Chemical products
•
Tea
SAARC Country-wise export of commodities from Bangladesh During the period July-June, 2011-2012 (Value in “000” US $) Countries
Afghanistan Bhutan India Maldives Nepal Pakistan Sri Lanka
Frozen Food
AgriProducts
3570 54541 78496 13 995 3574 40 6790 35 1210
Tea
Chemical Products
3181 243 16764 99 1422 2292 1456 5353
Leather
Raw Jute
Jute Goods
Woven Garments
Knitwear
164
4777
40
10 2 70223 105304 12823 20 13915 370 54408 1245 396 171 1732 8252
313 42201 1 90 2010 13544
Others
July-June 2011-2012
239 5003 105290 655 22207 4535 12288
3594 9131 490419 1783 41578 73212 42585
Source: Office of the Chief Controller of Imports & Exports
From the above table we can see that the Export share in SAARC countries is not significant. The top two export partners of Bangladesh are India & Pakistan. And Bangladesh Export lowest commodity in Maldives & Afghanistan.
18
July-June 2010-2011
3526 3121 512506 928 10842 86791 34734
SAARC Country wise Total Export Payments of Bangladesh 2011�2012( �� "000" �� $)
2012 �2013( �� "000" �� $)
1000000 500000 0
� �� ������ �� ����
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2011�2012( �� "000" �� $)
3 5�4
� 1 31
1��3
415� �
�3 2 1 2
42 5 � 5
4� 041�
2012�2013( �� "000" �� $)
3 5�3
1 � 1�
1533
2�40 �
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23 � � 5
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Source: Office of the Chief Controller of Imports & Exports
Major country -wise export of Bangladesh (Amount in Millions): Countries U.S.A Germany UK Turkey France India Spain Italy Canada Netherlands Belgium Japan U.A.E Other Countries
April-June, 2013 1008 830 563 488 323 275 254 215 234 144 124 124 98 775
January-March, 2013 979 814 504 362 332 269 232 213 209 132 128 104 109 723
April-June, 2012 969 756 492 118 289 149 208 189 182 132 124 85 43 1013
Source: Bangladesh Bank website
In the above table we have given the highlight of major country wise export of Bangladesh. In the Apendix-3 we have provided the commodity wise export of Bangladesh.
19
3.2 Bangladesh Imports Commodities Here are the major import commodities of Bangladesh: Banglad esh: •
Machinery and equipment
•
Chemicals
•
Iron and steel
•
Textiles
•
Foodstuffs
•
Petroleum products
•
Cement
•
Pharmaceutical product
•
Electronic products
SAARC Country wise Total Import Payments of Bangladesh
2011�2012( �� ������� �� $)
2012�2013( �� ������� �� $)
5000
0
���������� �
������
��������
�����
��������
��������
�����
2011�2012( �� ������� �� $)
22.1
20.�
1.1
2�.2
51�.2
32.4
4�55
2012�2013( �� ������� �� $)
2.3
24.�
0.�
35.�
4��.�
3�.�
4���.�
Source: Bangladesh Bank website
20
Top ten country wise imports (in Millions) Countries China, P.R. India
April-June, 2013 1612.9 1250.5
January-March, 2013 1582.8 1209.5
Singapore Japan Korea Malaysia Indonesia Canada Brazil Taiwan
318.1 283.5 281.0 258.7 257.4 205.1 180.1 170.1
290.5 284.4 358.6 417.1 281.9 116 261.9 159.5
Source: Bangladesh Bank website
In the above table we have given the highlight of top ten country wise import of Bangladesh. In the Apendix-4 we have provided the commodity wise import of Bangladesh.
3.3 Total Export & Import From (2012( 2012- 2014) in Million US $ Month
July August September October November December January February March April May June Total=
Import
Export
2012-2013
2013-2014
2012-2013
2013-2014
2891.83 2481.97 2730.44 2652.65 2588.53 2603.72 2771.44 2536.89 2731.09 2792.21 2699.81 2996.21 32476.79
3239.53 2332.78
2439.08 2448.41 1900.89 2077.03 1765.09 2466.16 2554.28 2246.51 2303.42 2079.15 2538.81 2696.36 27027.36
3024.29 2013.44
5572.31
5037.73
Source: Foreign Exchange Operation Department, Bangladesh Bank & EPB
From the above chart we can see that Bangladesh total Import in FY 2012-13 is 32476.79 (in million $) which exceeds the total export in FY 2012-13 is 27027.36(in million $). As we know
21
that an economic measure of a negative balance of trade in which a country's imports exceeds its exports is known as trade deficit. This indicates that Bangladesh performing trade deficit. This represents an outflow of domestic currency to foreign markets. In the following table shows statement of total Import expenditure ex penditure & Export Income & deficit from year 2011-2014. Statement of Total Import Expenditure & Export Income & Deficits form the FY (July): (2011-2012 & 2012-2013 & 2013-2014) Serial No.
Year
Import Expenditure
% change of Import Expenditure from previous year
Export Income
% change of Export income from previous year
Deficits ( Export Income – Import Expenditure)
1 2 3
2011-2012 2012-2013 2013-2014
34814.55 32356.76 3239.53
(+) 8.95 (-) 7.06 --
24301.90 27027.36 3028.29
(+) 6.01 (-) 11.18 --
(-) 10512.70 (-) 5329.40 (-) 215.28
Source: Foreign Exchange policy department, Bangladesh Bank & EPB
3.4 Trend analysis of Total Import –Export & Foreign Remittance earning (2007-12) $40 $30 $20 $10 $0
200� 200��2 �200 00� �
200� 200��2 �200 00� �
200� 200��2 �201 010 0
2010 2010�2 �201 011 1
2011 2011�2 �201 012 2
����� ������( �� �������)
$14
$15.5�
$1�.�0
$22.�3
24.3
����� ������( �� �������)
$25.20
22
$24
$32
35.�2
������� ��������� �������( �� �������)
$�.�0
$�.�� $�.��
$11
$11.�5
12.�5
Source: http://en.wikipedia.org/wiki/Economy_of_Bangladesh
22
From the trend analysis we can see that from 2007 to 2012 the total Export is gradually increasing but total Import is increasing more
dramatically than Export. And we also see
several up & downs in case of Foreign Renitence performance from 2007-2012 Fiscal year.
23
Chapter-4 Opportunity, Problems & Challenges facing by Bangladesh
24
4.1 Trade and Business Opportunities in Bangladesh
Industrial Policy has announced a large number of incentives to encourage Investment, some of these are: •
Tax Holidays for developed and underdeveloped areas.
•
In order to provide infrastructural facilities Economic Zones will be set up.
•
Non- Residents Bangladeshis will enjoy special benefits in investing in Capital Markets and maintaining Foreign Currency deposits.
•
Exemption of Double Tax on royalties, technical know-how fees.
•
Tax exemption on income of the private sector power generation company who will begin production before June, 2012 for 15 years. Incentives will also be b e provided to the private sector power generation companies (IPP, ISP) according to the private sector power generation policy of Bangladesh.
•
Special facilities and venture capital support will be provided to E-O industries under Thrust sector.
•
Government has announced 32 Thrust Sectors for which special incentives will be made available
•
Special incentive will be announced announ ced for using Biomass, Solar and Windmill based power po wer
•
Special provision will be taken to reserve quota for Women Entrepreneur in the existing EPZ
•
Establishment of SEZ, Industrial Park, High Tech Parks P arks and Private
•
Economic Zone can be set up by local or foreign entrepreneur, organization or institution on a PPP basis
•
Special Tax holiday and Financial assistance and Incentives will be provided for the economic zone
•
Implementation of One District One Product (ODOP) policy will be taken into account in setting up industrial parks
25
4.2 Challenging Issues for Bangladesh The past decade’s boom in exports –particularly the apparel sector is very significant to country’s economic growth, but the recent GDP growth has not led to significant improvements in the living standards of most people and the social factors are still challenging. Despite impressive economic growth and some reforms over the two decades Bangladesh’s business environment is still challenging. The key issues are:
Poor quality infrastructure particularly road networks and electricity supply.
A big portion of export income come from garment sector but nowadays, which become very risky & inefficient due to some major incidents happened such as Rana Plaza incident, and Bangladesh has lost the GSP facility & still struggling to get it back.
The economy is not diversified and is highly dependent on the agricultural sector; services and apparel only make up a small percentage of the economy.
High cost of finance and limited access to long term finance options.
Largely unskilled labor force, limited spending on education has led to a decline in attendance and in the quality of education.
Political instability and safety risks, political, ethnic threaten to undermine stability.
Slow pace of reform due to government bureaucracy and lack of alignment of policies at the various levels of government.
High levels of corruption, even within the judiciary, undermine investor confidence.
26
4.3 Most Problematic Factors of Bangladesh ������� �� ���������
����������� ����� �����������
������������ �������� �� ��������
���������
��� ����������
������� �������� �����������
���������� �����������
����������� ���������� �����������
����������
0
5
10
15
20
25
Source: the Global Competitiveness Report (2013–2014).
The chart shows the category of most problematic factor for doing business in Bangladesh according to Global Competitiveness Report 2008-2009. Report shows that the major factor that create problem in doing business in Bangladesh is Corruption. People also face problem in case of government bureaucracy, policy instability, government instability, instability, Inflation, Tax regulation etc. If Government can able to remove those problems Bangladesh will become an ideal place for f or investment.
27
Chapter-5 Conclusion & Recommendations
28
5.1 Conclusion From the study we have got a clear picture of the situation of the Import and Export performance of Bangladesh. Throughout the study we focused specially on the Import & Export performance of Bangladesh in perspective of SAARC countries. By making this assignment we find that the share of Bangladesh trade is very low rather than the rest of the world market & Bangladesh performing trade deficit. This represents an outflow of domestic currenc y to foreign markets. We also find that among the South Asian country Bangladesh Import & Export significantly with India & Pakistan. So Bangladesh should try to trade with other countries in South Asian region in equal manner. In this assignment we also tried our best to collect some information about the problematic factor of Bangladesh. In the end of our study we have some recommendations which might be very useful for improvement of the current position.
29
5.2 Recommendations After analyzing this assignment we would like to suggest regarding problem we analyzed in early chapter.
o
The government should provide supportive conditions that would facilitate the expansion and diversification of exports.
o
The government should continue to support the growth of domestic demand and privatesector led investment through a reduction in government activity, which crowds out private investment.
o
The environment of garments industry should be improved. Government intervention can help in this matter and that will increase awareness regarding safe working place for labor in the mind of company owners.
o
Bangladesh government as well as the RMG owners should take favorable steps and follow the instruction to get back GSP facility.
o
It becomes a tradition that Bangladesh every year face an outflow of domestic currency to foreign markets, means trade deficit. So Bangladesh should change this trend by either increasing the export or decreasing the import.
o
Significantly higher FDI inflows would be needed to support a higher growth environment in Bangladesh to compensate for domestic resource constraints and to enable Bangladesh to benefit from associated knowledge and technological spillover effects.
o
Improving governance is crucial in every sector and to achieve for that requires a clear long-term vision as well as pragmatism in exploiting opportunities to strengthen the overall framework o f public accountability.
30
References •
Gather Information from Export Promotion Bureau (EPB).
•
Collect Information from Import Promotion Bureau (IPB).
•
(C C I & E) Office of the Chief Controller of Imports & Exports http://www.ccie.gov.bd/
•
Ministry of Commerce http://www.mincom.gov.bd/reg_bil_trade.php
•
Bangladesh Bank website http://www.bangladesh-bank.org/econdata/index.php
•
World Economic Forum http://www3.weforum.org/docs/GCR2013-14/Bangladesh.pdf
•
Dhaka Chamber of Commerce & Industry (DCCI) http://www.datacraftbd.com/dcci/index.php/home/Major_Export_Items
•
Wikipedia http://en.wikipedia.org/wiki/Economy_of_Bangladesh
31
Appendix-1
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6|
†Uª W †Uª W jvB‡mÝ b¤^i, Rvixi ZvwiL I Dnvi †gqv` t
7|
cÖ wZôvb cÖ wZôvb †h †P¤^ vi †P¤^ vi / A¨v‡mvwm‡qk‡bi m`m¨ Dnvi bvg, wVKvbv I Awd‡mi ‡dvb b¤^i t 32
8|
cÖ wZôv‡b cÖ wZôv‡b evsjv‡`k miKv‡ii ev ivóª vqZ¡ vqZ¡ ms¯’ ms¯’ vi Askx`vwiZ¡ Av‡Q Av‡Q wKbv, _vwK‡j KZ Ask (%) t
9|
Avg`vwb †iwR‡÷ª kb †iwR‡÷ª kb mvwU© wd‡KU Gi Rb¨ †h e¨vsK/†UªRvix‡Z wd Rgv Kiv n‡q‡Q Zvi bvg, Pvjvb Pv jvb b¤^ i, b¤^ i, ZvwiL I UvKvi AsK t
10| bvMwiKZ¡ mb`cÎ mb`cÎ cÖ `vbKvix cÖ `vbKvix IqvW© Kwgkbvi/BDwbqb Kwgkbvi/BDwbqb cwil` †Pqvig¨v‡bi bvg t (ïay gvÎ evsjv‡`kx Av‡e`bKvixi †ÿ‡Î) (K) wmwU K‡c© v‡ik‡bi bvg t (L) BDwbqb cwil‡`i bvg t
IqvW© b¤^ b¤^i t _vbv t
‡Rjv t
11| wU,AvB,Gb b¤^ i b¤^ i t Avwg GB g‡g© †NvlYv Kwi‡ZwQ †h, Dc‡i ewY©Z Z_¨vw` mwVK Ges Avgvi/ GB †mU Ae WvB‡i±i Gi KviI bv‡g Avi †Kvb Avg`vwb †iwR‡÷ª kb †iwR‡÷ª kb mvwU© wd‡KU bvB|
Av‡e`bKvixi bvg t c`ex t
(Av‡e`bKvixi ¯^ vÿi) ¯^ vÿi) ZvwiL t
`ª óe¨ `ª óe¨ t `iLv‡¯Íi mwnZ wbgœewY© Z KvMRcÎ /`wjjvw` `vwLj `vw Lj Kwi‡Z nB‡e t (K) †Uª W †Uª W jvB‡m‡Ýi mZ¨vwqZ d‡UvKwc; (L) ¯^ xK…Z †P¤^ vi †P¤^ vi / A¨v‡mvwm‡qkb nB‡Z ˆea †g¤^ vikxc †g¤^ vikxc mvwU© wd‡KU; (M) Dc‡i 9 b¤^i Kjv‡g D‡jøwLZ †UªRvix Pvjv‡bi g~ j j Kwc; (N) Askx`vix cÖ wZôv‡bi cÖ wZôv‡bi †ÿ‡Î †iwRóvW© Askx`vix `wj‡ji mZ¨vwqZ Kwc; (O) wjwg‡UW †Kv¤úvbxi †ÿ‡Î mvwU© wd‡KU Ae BbK‡c© v‡ikb, †g‡gvivÛvg GÛ AvwU©‡Kj& m Kj& m Ae A¨v‡mvwm‡qk‡bi mZ¨vwqZ Kwc; (P) (P ) weMZ erm‡ii AvqKi cwi‡kv‡ai cÖgvbcÎ (cÖ‡hvR¨ †ÿ‡Î); (Q) ïay gvÎ evsjv‡`kx Av‡e`bKvix‡`i Rb¨ IqvW© Kwgkbvi / †cŠimfv ev BDwbqb cwil‡`i †Pqvig¨vb KZ… ©K Bmy ¨K… Z bvMwiKZ¡ mb`cÎ; mb`cÎ; Ges (R) cÖ wZôv‡bi cÖ wZôv‡bi Avw_© K ¯^ ”QjZv ¯^ ”QjZv m¤úwK© Z g‡bvbxZ e¨vsK cÖ `Ë cÖ `Ë cÖ Z¨vqbcÎ| cÖ Z¨vqbcÎ| .
33
Appendix-2
ißvwbKviK wnmv‡e ißvwb †iwR‡÷ª kb †iwR‡÷ª kb mvwU© wd‡KU (B Avi wm) wm) Gi Rb¨ `iLv‡¯Íi wba© vwiZ vwiZ ÔQKÕ 1|
cÖ wZôv‡bi cÖ wZôv‡bi bvg (¯úó Aÿ‡i)
t
2|
(K) cÖ wZôv‡bi cÖ wZôv‡bi wVKvbv
t
(L) ‡Uwj‡dvb b¤^ i b¤^ i
t
(M) †UwjMÖ vwdK †UwjMÖ vwdK †KvW
t
(N) d¨v·/ B-†gBj b¤^ i b¤^ i
t
3|
cÖ wZôvbwU cÖ wZôvbwU e¨w³gvwjKvbvaxb, e¨w³gvwjKvbvaxb , Askx`vix bvwK wjwg‡UW †Kv¤úvbx t
4|
gvwjK / e¨e¯’ vcbv Askx`vi / e¨e¯’ vcbv cwiPvj‡Ki -
(K) bvg
t
(L) wcZvi bvg
t
(M) eZ© gvb AvevwmK wVKvbv
t
(N) ‡Uwj‡dvb b¤^ i b¤^ i
t
cÖ wZôv‡bi cÖ wZôv‡bi gvwj‡Ki/ e¨e¯’ vcbv Askx`v‡ii/ e¨e¯’ vcbv cwiPvj‡Ki vcbv cwiPvj‡Ki mZ¨vwqZ d‡Uv|
(O) ¯’ vqx wVKvbv t 5|
(K) gvwjK / Askx`viMY /cwiPvjKMY mK‡jB evsjv‡`kx bvMwiK wK bv t (L) we‡`kx †kqvi _vwK‡j Dnvi kZKiv nvi KZ
t
6|
g‡bvbxZ e¨vs‡Ki bvg I wVKvbv
t
7|
†Uª W †Uª W jvB‡mÝ b¤^i, ZvwiL I Dnvi †gqv`
t
8|
†h †P¤^ vi †P¤^ vi / A¨v‡mvwm‡qk‡bi m`m¨ Dnvi bvg I wVKvbv t
9|
evsjv‡`k miKv‡ii ev ivóª vqZ¡ ivóª vqZ¡ ms¯’ ms¯’ vi Askx`vwiZ¡ Av‡Q wKbv, _vwK‡j _vwK‡ j Dnvi kZKiv nvi KZ t
10| †iwR‡÷ª kb †iwR‡÷ª kb mvwU© wd‡KU Gi Rb¨ wd RgvKiY m¤úwK© Z †Uª Rvixi †Uª Rvixi bvg, Pvjvb b¤^ i, b¤^ i, ZvwiL I UvKvi AsK t 34
Avwg GB g‡g© †NvlYv Kwi‡ZwQ †h, Dc‡i ewY©Z Z_¨vw` mwVK Ges Avgvi/ GB †mU Ae WvB‡i±i Gi bv‡g Avi †Kvb ißvwb wbeÜb mb`cÎ bvB|
¯^ vÿiKvixi ¯^ vÿiKvixi bvg t I c`ex
t
(Av‡e`bKvixi ¯^ vÿi) ¯^ vÿi) ZvwiL t
`ª óe¨ `ª óe¨ t `iLv‡¯Íi mwnZ ‡h mKj KvMRcÎ /`wjjvw` /`wj jvw` `vwLj Kwi‡Z nB‡e ‡mB¸wji weeiY t (K) †Uª W †Uª W jvB‡m‡Ýi mZ¨vwqZ d‡UvKwc
t
(L) ¯^ xK… Z xK… Z †P¤^ vi †P¤^ vi / A¨v‡mvwm‡qkb nB‡Z ˆea †g¤^ vikxc vikxc mvwU© wd‡K‡Ui mZ¨vwqZ d‡UvKwc t (M) Dc‡i 10 b¤^i Kjv‡g D‡jøwLZ †Uª Rvix †Uª Rvix Pvjv‡bi g~ j Kwc
t
(N) Askx`vix cÖ wZôv‡bi cÖ wZôv‡bi †ÿ‡Î †iwR÷vW© Askx`vix `wj‡ji `wj‡ ji mZ¨vwqZ Kwc
t
(O) wjwg‡UW †Kv¤úvbxi †ÿ‡Î mvwU© wd‡KU Ae BbK‡c© v‡ikb, †g‡gvivÛvg GÛ AvwU© ‡Kj Ae A¨v‡mvwm‡qk‡bi mZ¨vwqZ d‡UvKwc d‡ UvKwc
t
35
Appendix -3 Major country/commodity-wise export receipts
The following table shows the comparative position of Export Receipts from major trading partners during the th e quarters April-June, 2013, January-March, 2013 and April-June, 2012, along with their trade shares. (Amount in Millions)
Country/Commodity Country/Commodi ty Group
April-June, 2013 Taka
U.S.A
1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others Germany 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others U.K. 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others Turkey
78511 (15.4) 75025 764 606 362 23 164 28 1539 64620 (12.7) 59935 899 1478 43 44 954 16 1251 43807 (8.6) 38615 2140 997 118 47 57 12 1821 37974 (7.5)
US Dollar 1008 (15.4) 963 10 8 5 0 2 0 20 830 (12.7) 770 12 19 1 1 12 0 15 563 (8.6) 496 27 13 2 1 1 0 23 488 (7.5)
January-March, April-June, 2012 2013 Taka US Taka US Dollar Dollar 77351 979 79274 969 (16.1) (16.1) (17.1) (17.1) 73458 929 70817 865 855 11 744 9 840 11 4846 59 343 4 327 4 20 0 44 1 149 2 199 2 29 0 28 0 1657 22 2269 29 64373 814 61856 756 (13.4) (13.4) (13.3) (13.3) 58633 742 57003 696 801 10 885 11 2411 30 2012 25 64 1 45 1 46 1 38 1 1474 19 771 9 11 0 1 0 933 11 1101 13 39823 504 40249 492 (8.3) (8.3) (8.7) (8.7) 35281 446 35329 432 1861 24 1795 22 1151 15 1587 19 74 1 93 1 43 1 24 0 97 1 61 1 28 0 11 0 1288 16 1349 17 28630 362 9652 118 (5.9) (5.9) (2.1) (2.1)
36
1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others France 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others India 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Others Spain 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Leather and leather manufactures 6. Handicrafts 7. Others Italy 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Leather and leather manufactures 6. Handicrafts 7. Others
24546 36 104 11818 73 178 6 1213 25134 (4.9) 23198 342 847 8 1 410 0 328 21396 (4.2) 3029 881 135 5655 3344 242 8110 19742 (3.9) 18738 79 114 64 505 1 241 16735 (3.3) 14433 67 45 51 1563 5 571
315 0 1 152 1 2 0 17 323 (4.9) 298 4 11 0 0 5 0 5 275 (4.2) 39 11 2 73 43 3 104 254 (3.9) 241 1 1 1 6 0 4 215 (3.3) 185 1 1 1 20 0 7
17357 0 25 9712 0 119 5 1412 26234 (5.4) 23871 379 1163 4 0 348 4 465 21283 (4.4) 1816 1173 140 6093 3447 230 8384 18347 (3.8) 17538 0 195 62 303 1 248 16858 (3.5) 14953 90 66 36 1279 7 427
220 0 0 123 0 2 0 17 332 (5.4) 302 5 15 0 0 4 0 6 269 (4.4) 23 15 2 77 44 3 105 232 (3.8) 222 0 2 1 4 0 3 213 (3.5) 189 1 1 0 16 0 6
5209 0 32 3807 38 34 0 532 23643 (5.1) 21729 387 769 13 10 487 2 246 12152 (2.6) 1010 1359 89 2393 1734 60 5507 16977 (3.7) 16175 0 98 58 399 3 244 15435 (3.3) 13744 84 56 36 1164 9 342
64 0 0 47 0 0 0 7 289 (5.1)
265 5 9 0 0 6 0 4 149 (2.6)
12 17 1 29 21 1 68 208 (3.7)
198 0 1 1 5 0 3 189 (3.3)
168 1 1 0 14 0 5 37
Canada
1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Leather and leather manufactures 6. Handicrafts 7. Others Netherlands 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others Belgium 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others Japan 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures 5. Raw Jute 6. Leather and leather manufactures 7. Handicrafts 8. Others U.A.E. 1. Readymade garments 2. Fish, Shrimps and prawns 3. Home Textile & Terry Towel 4. Jute Manufactures
18213 234 (3.6) (3.6) 17189 221 84 1 615 8 41 1 42 1 12 0 230 2 11237 144 (2.2) (2.2) 9421 121 801 10 644 8 122 2 6 0 46 1 2 0 195 2 9631 124 (1.9) (1.9) 7586 97 981 13 106 1 372 5 16 0 94 1 2 0 474 7 9628 124 (1.9) (1.9) 5630 72 768 10 403 5 150 2 2 0 2001 26 2 0 672 9 7639 98 (1.5) (1.5) 5105 66 136 2 13 0 140 2
16510 209 (3.4) (3.4) 15374 194 238 3 708 9 31 0 20 0 4 0 135 3 10456 132 (2.2) (2.2) 9125 115 667 8 242 3 154 2 4 0 91 1 15 0 158 3 10141 128 (2.1) (2.1) 7870 100 1051 13 107 1 436 6 9 0 188 2 3 0 477 6 8255 104 (1.7) (1.7) 5789 73 269 3 258 3 87 1 0 0 1629 21 5 0 218 3 8638 109 (1.8) (1.8) 4886 62 165 2 11 0 40 1
14871 (3.2) 13988 220 477 26 8 3 149 10821 (2.3) 8923 958 515 155 2 65 4 199 10140 (2.2) 7968 1384 64 276 5 166 1 276 6919 (1.5) 4927 280 205 105 5 1165 3 230 3506 (0.8) 2080 123 69 46
182 (3.2)
171 3 6 0 0 0 2 132 (2.3)
109 12 6 2 0 1 0 2 124 (2.2)
97 17 1 3 0 2 0 4 85 (1.5)
60 3 3 1 0 14 0 3 43 (0.8)
25 2 1 1 38
5. Raw Jute 6. Leather and leather manufactures 7. Others Other Countries A. Sub-total B. Exports of EPZ Grand total : (A+B)
79 27 2139 60531 (28.4) 424798 83864 508662
1 0 27 775 (28.4) 5455 1077 6532
42 12 3482 57075 (28) 403985 77715 481700
1 0 43 723 (28) 5110 983 6093
5 5 1179 83057 (34.1) 388578 75418 463996
0 0 14 1013 (34.1) 4748 921 5669
Source: Bangladesh Bank website
Appendix -4 Major top ten country/commodity-wise imports (Quarterly data)
Country/Commodity Group
A. Imports under Cash (c & f) China, P.R.
1. Edible vegetables and certain roots and tubers 2. Edible fruit and nuts, peel of citrus fruit or melons 3. Coffee, tea, mate and spices 4. Inorganic chemicals, organic or inorganic compounds of precious metals of rare-earth metals, of radioactive elements or of isotopes 5. Organic chemicals 6. Fertilizer 7. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty
(Amount in Millions) April-June, 2013 January-March, 2013 Amount % of Amount % of country Taka country Taka US US total total Dollar Dollar 571686 7336.9 602863 7624.6 (100.0) 125680 1612.9 100.0 (22.0) 484 6.2 0.4
(100.0) 125179 1582.8 100.0 (20.8) 284 3.6 0.2
428
5.5
0.3
1022
12.9
0.8
855
11.0
0.7
609
7.7
0.5
2618
33.6
2.1
2190
27.7
1.7
2710 161 1861
34.8 2.1 23.9
2.2 0.1 1.5
2274 6142 1685
28.8 77.4 21.3
1.8 4.9 1.3
39
and other mastics, inks 8. Cotton,(all types) cotton yarn/thread and cotton fabrics 9. Man-made filaments; strip and the like of manmade textile materials 10. Man-made staple fibres 11. Special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, embroidery 12. Knitted or crocheted fabrics 13. Articles of apparel and clothing accessories, not knitted or crocheted 14. Iron and steel 15. Articles of iron or steel 16. Nuclear reactors,Boilers, Machinery and mechanical appliances, parts thereof 17. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 18. Vehicles other than railway or tramway, rolling stock and parts and accessories thereof 19. Others India 1. Edible vegetables and certain roots and tubers 2. Edible fruit and nuts, peel of citrus fruit or melons 3. Coffee, tea, mate and spices 4. Cereals 5. Residues and waste from
30278
388.6
24.1
29572
374.0
23.6
4771
61.2
3.8
4915
62.2
3.9
8555 2196
109.8 28.2
6.8 1.7
7899 2420
99.9 30.6
6.3 1.9
7342
94.2
5.8
8981
113.6
7.2
2936
37.7
2.3
2568
32.5
2.1
2912 1098 17195
37.4 37 .4 14.1 220.7
2.3 0.9 13.7
2568 1719 17549
32.5 32. 5 21.7 221.8
2.1 1.4 14.0
14502
186.2
11.5
12489
158.0
10.0
1245
16.0
1.0
1326
16.8
1.1
23533 97449 (17.0) 2051
301.7 18.8 1250.5 100.0
239.8 15.2 1209.5 100.0
26.3
2.1
18967 95628 (15.9) 2325
29.4
2.4
715
9.2
0.7
1088
13.8
1.1
2044
26.2
2.1
1080
13.7
1.1
10967 6664
140.8 85.5
11.3 6.8
8081 5080
102.2 64.3
8.5 5.3
40
the food industries prepared animal fodder 6. Salt, Sulphur, earth and stone, plastering materials, lime and cement 7. Mineral fuel, mineral oils and product of their distillation, bituminous substances 8. Inorganic chemicals, organic or inorganic compounds of precious metals of rare-earth metals, of radioactive elements or of isotopes 9. Organic chemicals 10. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 11. Misc. chemical products 12. Plastics and articles thereof 13. Rubber and articles thereof 14. Paper and paper board, articles of paper, pulp of paper or of paper board 15. Cotton,(all types) cotton yarn/thread and cotton fabrics 16. Man-made filaments; strip and the like of manmade textile materials 17. Man-made staple fibres 18. Knitted or crocheted fabrics 19. Iron and steel 20. Aluminum and articles thereof 21. Nuclear reactors, Boilers, Machinery and mechanical appliances, parts thereof
2290
29.4
2.3
1938
24.5
2.0
4012
51.5
4.1
3649
46.2
3.8
908
11.7
0.9
862
10.9
0.9
2497 2039
32.0 26.2
2.6 2.1
2615 1635
33.1 20.7
2.7 1.7
1280 2206
16.4 28.3
1.3 2.3
1196 1807
15.1 22.9
1.3 1.9
1671
21.4
1.7
1308
16.5
1.4
478
6.1
0.5
367
4.6
0.4
24269
311.4
24.9
30194
381.8
31.6
982
12.6
1.0
705
8.9
0.7
1559 1298
20.0 16.7
1.6 1.3
1137 1025
14.4 13.0
1.2 1.1
2207 959
28.3 28 .3 12.3
2.3 1.0
2908 1441
36.8 36. 8 18.2
3.0 1.5
5168
66.3
5.3
5297
67.1
5.5
41
22. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 23. Vehicles other than railway or tramway, rolling stock and parts and accessories thereof 24. Others Singapore 1. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable wax 2. Sugar and sugar confectionery 3. Mineral fuel, mineral oils and product of their distillation, bituminous substances 4. Organic chemicals 5. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 6. Misc. chemical products 7. Plastics and articles thereof 8. Cotton,(all types) cotton yarn/thread and cotton fabrics 9. Nuclear reactors, Boilers, Machinery and mechanical appliances, parts thereof 10. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and
1848
23.7
1.9
1286
16.2
1.3
6561
84.2
6.7
5801
73.4
6.1
12776 24783 (4.3) 39
164.0 318.1
13.2 100.0
161.8 290.5
13.5 100.0
0.5
0.2
12803 22965 (3.8) 1014
12.7
4.4
2
0.0
0.0
3
0.0
0.0
16278
208.9
65.7
12842
162.5
55.9
613 451
7.9 5.8
2.5 1.8
473 314
6.0 4.0
2.1 1.4
573 972
7.4 12.5
2.3 3.9
530 925
6.7 11.7
2.3 4.0
187
2.4
0.8
675
8.5
2.9
1918
24.6
7.7
2198
27.8
9.6
634
8.1
2.6
635
8.0
2.8
42
accessories of such articles 11. Ships, boats and floating structures 12. Others Japan 1. Plastics and articles thereof 2. Man-made staple fibres 3. Iron and steel 4. Nuclear reactors, Boilers, Machinery and mechanical appliances, parts thereof 5. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 6. Vehicles other than railway or tramway, rolling stock and parts and accessories thereof 7. Ships, boats and floating structures 8. Others Korea, Republic of 1. Salt, Sulphur, earth and stone, plastering materials, lime and cement 2. Organic chemicals 3. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 4. Plastics and articles thereof 5. Paper and paper board, articles of paper, pulp of paper or of paper board 6. Cotton,(all types) cotton
292
3.8
1.2
65
0.8
0.3
2824 22080 (3.9) 145
36.2 283.5
11.3 100.0
41.8 284.4
14.3 100.0
1.9
0.7
3291 22470 (3.7) 156
2.0
0.7
17 17 7637 2364
0.2 98.0 98 .0 30.3
0.1 34.6 10.7
22 5506 2434
0.3 69.6 69. 6 30.8
0.1 24.5 10.8
238
3.1
1.1
262
3.3
1.2
2716
34.9
12.3
2876
36.4
12.8
5950
76.5
26.9
8301
105.3
36.9
3013 21894 (3.8) 578
38.6 281.0
13.6 100.0
36.7 358.6
13.0 100.0
7.4
2.6
2913 28367 (4.7) 1308
16.5
4.6
481 469
6.2 6.0
2.2 2.1
537 439
6.8 5.5
1.9 1.5
2476
31.8
11.3
1929
24.4
6.8
1524
19.6
7.0
1907
24.1
6.7
557
7.2
2.5
511
6.5
1.8
43
yarn/thread and cotton fabrics 7. Man-made filaments; strip and the like of manmade textile materials 8. Man-made staple fibres 9. Knitted or crocheted fabrics 10. Iron and steel 11. Articles of iron or steel 12. Copper and articles thereof 13. Zinc and articles thereof 14. Nuclear reactors,Boilers, Machinery and mechanical appliances, parts thereof 15. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 16. Others Malaysia 1. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable wax 2. Salt, Sulphur, earth and stone, plastering materials, lime and cement 3. Mineral fuel, mineral oils and product of their distillation, bituminous substances 4. Organic chemicals 5. Misc. chemical products 6. Plastics and articles thereof 7. Rubber and articles thereof 8. Cotton,(all types) cotton
337
4.3
1.5
317
4.0
1.1
332 139
4.3 1.8
1.5 0.6
256 136
3.2 1.7
0.9 0.5
4776 106 0
61.3 1.4 0.0
21.8 0.5 0.0
7986 90 232
100.9 1.1 2.9
28.2 0.3 0.8
1276 1498
16.4 19.2
5.8 6.8
1087 1073
13.7 13.6
3.8 3.8
677
8.7
3.1
371
4.7
1.3
6668 20153 (3.5) 4665
85.4 258.7
30.7 100.0
129.0 417.1
36.0 100.0
59.9
23.1
10188 33056 (5.5) 6703
84.7
20.3
218
2.8
1.1
191
2.4
0.6
6313
81.0
31.3
18619
234.7
56.3
445 553 1153
5.7 7.1 14.8
2.2 2.7 5.7
543 432 1315
6.9 5.5 16.6
1.6 1.3 4.0
396
5.1
2.0
313
4.0
0.9
357
4.6
1.8
394
5.0
1.2
44
yarn/thread and cotton fabrics 9. Iron and steel 10. Aluminium and articles thereof 11. Nuclear reactors,Boilers, Machinery and mechanical appliances, parts thereof 12. Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 13. Others Indonesia 1. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable wax 2. Salt, Sulphur, earth and stone, plastering materials, lime and cement 3. Inorganic chemicals, organic or inorganic compounds of precious metals of rare-earth metals, of radioactive elements or of isotopes 4. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 5. Plastics and articles thereof 6. Paper and paper board, articles of paper, pulp of paper or of paper board 7. Cotton,(all types) cotton yarn/thread and cotton fabrics
1657 473
21.3 6.1
8.2 2.3
80 521
1.0 6.6
0.2 1.6
1565
20.1
7.8
1888
23.8
5.7
478
6.1
2.4
207
2.6
0.6
1880 20059 (3.5) 13049
24.1 257.4
9.4 100.0
23.3 281.9
5.7 100.0
167.5
65.1
1850 22267 (3.7) 15490
196.1
69.6
114
1.5
0.6
2
0.0
0.0
33
0.4
0.2
93
1.2
0.4
129
1.7
0.6
165
2.1
0.7
502
6.4
2.5
642
8.1
2.9
779
10.0
3.9
774
9.8
3.5
415
5.3
2.1
560
7.1
2.5
45
8. Man-made filaments; strip and the like of man made textile materials 9. Man-made staple fibres 10. Iron and steel 11. Others Canada 1. Edible vegetables and certain roots and tubers 2. Cereals 3. Iron and steel 4. Others Brazil 1. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable wax 2. Sugar and sugar confectionery 3. Man-made staple fibres 4. Cotton,(all types) cotton yarn/thread and cotton fabrics 5. Others Taiwan 1. Mineral fuel, mineral oils and product of their distillation, bituminous substances 2. Organic chemicals 3. Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 4. Plastics and articles thereof 5. Paper and paper board, articles of paper, pulp of paper or of paper board 6. Cotton,(all types) cotton
171
2.2
0.9
114
1.4
0.5
678 92 4097 15978 (2.8) 5358
8.7 1.2 52.5 205.1
3.4 0.5 20.2 100.0
4.9 1.3 49.9 116.0
1.8 0.4 17.7 100.0
68.8
33.5
391 100 3936 9171 (1.5) 1641
20.8
17.9
5280 4575 765 14043 (2.5) 1841
67.8 58.7 58 .7 9.8 180.1
33.0 28.6 4.9 100.0
28.6 33.4 33. 4 33.2 261.9
24.6 28.7 28.8 100.0
23.6
13.1
2259 2636 2635 263 5 20729 (3.4) 4766
60.1
23.0
10724
137.5
76.4
13729
173.6
66.2
572 72
7.3 0.9
4.1 0.5
265 234
3.3 3.0
1.3 1.1
834 13252 (2.3) 318
10.8 170.1
5.9 100.0
21.9 159.5
8.4 100.0
4.1
2.4
1735 12609 (2.1) 233
2.9
1.8
190 512
2.4 6.6
1.4 3.9
291 556
3.7 7.0
2.3 4.4
3241
41.6
24.5
2997
37.9
23.8
518
6.6
3.9
410
5.2
3.3
617
7.9
4.7
658
8.3
5.2
46
yarn/thread and cotton fabrics 7. Man-made filaments; strip and the like of man made textile materials 8. Man-made staple fibres 9. Knitted or crocheted fabrics 10. Iron and steel 11. Nuclear reactors,Boilers, Machinery and mechanical appliances, parts thereof 12. Ships, boats and floating structures 13. Others Other Countries B. Imports under loans & grants C. Imports under IDB Loan (short term) D. Other unclassified Imports E. Imports of EPZ Grand total : (A+B+C+D+E)
546
7.0
4.1
449
5.7
3.6
593 483
7.6 6.2
4.5 3.6
728 530
9.2 6.7
5.8 4.2
2493 1441
32.0 18.5
18.8 10.9
1294 1434
16.4 18.1
10.3 11.4
210
2.7
1.6
1444
18.3
11.5
15.7 -
1585 20.1 210422 2662.4 (34.9) 460 5.9
2090 26.9 196315 2519.5 (34.3) 85 1.1
12.4 -
42723
548.5
-
41825
528.8
-
2711
34.8
-
4124
52.0
-
55750 672955
715.8 8637.1
-
53673 702945
678.5 8889.8
-
Source: Bangladesh Bank website
47
Questionnaires: 1. What are the key commodities that are exported by Bangladesh? Answer: Page 18. 2. What are the key Importable commodities of Bangladesh? Answer: Page 20. 3. What is the amount of total income / expenditure is done by Bangladesh through Import & Export? Answer: Page 21 & 22. 4. What shows throughout the last few years of Import & Export performance of Bangladesh? What indicates from its performance? Answer: page 21 & 22. 5. What is the chief commodity name & at what volume Bangladesh Import & Export from world nations? Answer: Appendix 3 & 4. 6. What is the procedure & cost for registering for IRC & ERC? ER C? Answer: Appendix 1 & 2 7. What are the trade strategies that are followed by b y Bangladesh?
Answer: page 12-13. 8. What are the Restrictions for Import?
Answer: page 14. 9. What are the Import Duties, Insurance of IRC & ERC & Future Trade Agenda of
Bangladesh? Answer: page 14-16. 10. Are there any incentives available in Bangladesh to encourage Investment? What are they? Answer: Yes, there is an infinite opportunity to do business in Bangladesh. To know about what are they please go to the page 25.
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