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Submitted by: Name Safinaz Amin Anni Shanu Uddin Rubel Ahmed Shehab Chy. Syed Yameen Muttaquee MBA Program ID 1301010707 1301010708 1301010743 1301010733
Executive Summary
Not the single country in the world cant 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.
Table of Content
Particular Chapter 1 1.1 Background of the study 1.2 Objectives 1.3 Scope 1.4 Methodology 1.5 Limitation of the Study 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 2.4 Import Restrictions 2.5 Import Duties 2.6 Issuance of Import Registration Certificate and an Exporter having Export Registration Certificate 2.7 Future Trade Agenda Chapter 3: Product & Country wise Analysis of Import & Export
18-19 16 11 12 12-13 14 14 15-16 6 6 6 7-8 9
Page number
3.2 Bangladesh Imports Commodities 3.3 Total Export & Import From (2012- 2014) in Million US $ 3.4 Trend analysis of Total Import Export & Foreign Remittance earning (2007-12) Chapter 4: Opportunity, Problems & Challenges facing by Bangladesh 4.1 Trade and Business Opportunities in Bangladesh 4.2 Challenging Issues for Bangladesh
25 26 21-22 22-23
4.3 Most Problematic Factors of Bangladesh Chapter 5: Conclusion & Recommendations 5.1 Conclusion 5.2 Recommendations References Appendix-1 Appendix-2 Apendix-3 Apendix-4 Questionnaires
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Chapter-1
1.2 Objectives
Broad Objective: An analysis on the export import performance of Bangladesh. Specific Objective: Identify major commodities that are Export & Import by Bangladesh. Products & Country wise Analysis of Import & Export. Find out problems & challenges faced by Bangladesh in Export & 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.
1.4 Methodology
Sources of information We have collected our information 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
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 Bureau, Bureau, Number of Sample 3 4 2 1 10
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 =
Sample Procedure: For our analysis we have used random sampling for collecting data for the study.
Contract Methods: Our contract methods associated with Face to face conversation Telecommunication
1. Employee of both Import & Export bureau doesnt maintain the entire document in paper form; they maintain data of Sylhet division rather than Bangladesh. Provided information was insufficient for this report, thats why they gave us some web-site info so that we can collect the whole information of overall Import & Export 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.
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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 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 country; Developing and expanding infrastructural facilities for export trade; and Creating product-development councils for important products.
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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 authority. Procedure for issuance of Import Registration Certificate and Export Registration Certificate has been simplified. It requires only the following documents: (i) (ii) (iii) (iv) (v) Trade License; Membership Certificate from recognized Chamber/Trade Association; Tax Identification Number; Bank Certificate; 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 overall annual import. The initial category wise registration fees and annual renewal fees are as under: Category First Second Third Fourth Fifth Sixth Value Ceiling of annual import Initial Registration fees Annual renewal fees
Tk. 5,00,000 Tk. 25,00,000 Tk. 50,00,000 Tk. 1,00,00,000 Tk. 5,00,00,000 Above Tk. 5,00,00,000
Tk. 5,000 Tk. 10,000 Tk. 18,000 Tk. 30,000 Tk. 45,000 Tk. 60,000
Tk. 3,000 Tk. 6,000 Tk. 10,000 Tk. 15,000 Tk. 22,000 Tk. 30,000
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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
The registration Form of IRC & ERC is given in the Appendix 1 & Appendix 2.
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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 Frozen Food AgriProducts Tea Chemical Products Leather Raw Jute Jute Goods Knitwear Woven Garments Others July-June 2011-2012 July-June 2010-2011
4777
40
10 2 70223 105304 12823 20 13915 370 54408 1245 396 171 1732 8252
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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.
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1000000 500000 0
2011-2012( in "000" US $) 2012-2013( in "000" US $)
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
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.
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Machinery and equipment Chemicals Iron and steel Textiles Foodstuffs Petroleum products Cement Pharmaceutical product Electronic products
5000
0
2011-2012( in Million US $) 2012-2013( in Million US $)
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Top ten country wise imports (in Millions) Countries China, P.R. India Singapore Japan Korea Malaysia Indonesia Canada Brazil Taiwan April-June, 2013 1612.9 1250.5 318.1 283.5 281.0 258.7 257.4 205.1 180.1 170.1 January-March, 2013 1582.8 1209.5 290.5 284.4 358.6 417.1 281.9 116 261.9 159.5
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.
5572.31
5037.73
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
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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 & 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 (+) 6.01 (-) 11.18 -Deficits ( Export Income Import Expenditure)
1 2 3
3.4 Trend analysis of Total Import Export & Foreign Remittance earning (2007-12)
$40 $30 $20 $10 $0 2007-2008 Total Export( in billion) Total Import( in billion) Foreign Remitence earning( in billion) $14 $25.20 $8.90 2008-2009 $15.56 22 $9.68 2009-2010 $16.70 $24 $11 2010-2011 $22.93 $32 $11.65 2011-2012 24.3 35.92 12.85
Source: http://en.wikipedia.org/wiki/Economy_of_Bangladesh
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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.
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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 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 for using Biomass, Solar and Windmill based power Special provision will be taken to reserve quota for Women Entrepreneur in the existing EPZ Establishment of SEZ, Industrial Park, High Tech Parks 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
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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.
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Inflation
Tax regulation
Government instability
Corruption
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15
20
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Source: the Global Competitiveness Report (20132014). 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, Inflation, Tax regulation etc. If Government can able to remove those problems Bangladesh will become an ideal place for investment.
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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 currency 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.
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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.
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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
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Appendix-1
Avg`vwbKviK wnmve iwRkb mvwUwdKU (AvB Avi wm) Gi Rb `iLvi wbavwiZ QK 1| cwZvbi t (K) bvg ( Ai) (L) wVKvbv t (M) dvb b^i - jv dvb t - gvevBj dvb t (N) dv t (O) B-gBj b^i t 2| 3| cwZvbi aiY (cwZvbwU ewgvwjKvbvaxb, Askx`vix / wjwgUW Kvvbx wKbv BZvw`) t gvwjK / eevcbv Askx`vi / eevcbv cwiPvjKi -
(K) bvg t (L) wcZvi bvg t (M) eZgvb AvevwmK wVKvbv t (N) dvb b^i - jv dvb t Awdm - gvevBj dvb t (O) vqx wVKvbv t 4| (K) gvwjK / Askx`viMY /cwiPvjKMY mKjB evsjv`kx bvMwiK wK bv t (L) we`kx kqvi _vwKj Dnvi kZKiv nvi KZ t 5| 6| 7| gbvbxZ evsKi bvg I wVKvbv t UW jvBm b^i, Rvixi ZvwiL I Dnvi gqv` t cwZvb h P^vi / Avmvwmqkbi m`m Dnvi bvg, wVKvbv I Awdmi dvb b^i t evmv-
32
8| 9|
cwZvb evsjv`k miKvii ev ivvqZ msvi Askx`vwiZ AvQ wKbv, _vwKj KZ Ask (%) t Avg`vwb iwRkb mvwUwdKU Gi Rb h evsK/URvixZ wd Rgv Kiv nqQ Zvi bvg, Pvjvb b^i, ZvwiL I UvKvi AsK t
10|
bvMwiKZ mb`c c`vbKvix IqvW Kwgkbvi/BDwbqb cwil` Pqvigvbi bvg t (aygv evsjv`kx Ave`bKvixi ) (K) wmwU Kcvikbi bvg t (L) BDwbqb cwil`i bvg t _vbv t IqvW b^i t Rjv t
11|
wU,AvB,Gb b^i t Avwg GB gg NvlYv KwiZwQ h, Dci ewYZ Z_vw` mwVK Ges Avgvi/ GB mU Ae WvBii Gi
`e t `iLvi mwnZ wbgewYZ KvMRc /`wjjvw` `vwLj KwiZ nBe t (K) UW jvBmi mZvwqZ dUvKwc; (L) ^xKZ P^vi / Avmvwmqkb nBZ ea g^vikxc mvwUwdKU; (M) Dci 9 b^i Kjvg DjwLZ URvix Pvjvbi g~j Kwc; (N) Askx`vix cwZvbi iwRvW Askx`vix `wjji mZvwqZ Kwc; (O) wjwgUW Kvvbxi mvwUwdKU Ae BbKcvikb, ggvivvg G AvwUKj&m Ae Avmvwmqkbi mZvwqZ Kwc; (P) weMZ ermii AvqKi cwikvai cgvbc (chvR ); (Q) aygv evsjv`kx Ave`bKvix`i Rb IqvW Kwgkbvi / cimfv ev BDwbqb cwil`i Pqvigvb KZK BmyKZ bvMwiKZ mb`c; Ges (R) cwZvbi Avw_K ^QjZv mwKZ gbvbxZ evsK c` cZvqbc| .
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Appendix-2
ivwbKviK wnmve ivwb iwRkb mvwUwdKU (B Avi wm) Gi Rb `iLvi wbavwiZ QK
1| 2|
cwZvbi bvg ( Ai) (K) cwZvbi wVKvbv (L) Uwjdvb b^i (M) UwjMvwdK KvW (N) dv/ B-gBj b^i
3| 4|
cwZvbwU ewgvwjKvbvaxb, Askx`vix bvwK wjwgUW Kvvbx t gvwjK / eevcbv Askx`vi / eevcbv cwiPvjKi -
(K) bvg (L) wcZvi bvg (M) eZgvb AvevwmK wVKvbv (N) Uwjdvb b^i (O) vqx wVKvbv t 5|
t t t t
(K) gvwjK / Askx`viMY /cwiPvjKMY mKjB evsjv`kx bvMwiK wK bv t (L) we`kx kqvi _vwKj Dnvi kZKiv nvi KZ t t t t
6| 7| 8| 9| 10|
gbvbxZ evsKi bvg I wVKvbv UW jvBm b^i, ZvwiL I Dnvi gqv` h P^vi / Avmvwmqkbi m`m Dnvi bvg I wVKvbv
evsjv`k miKvii ev ivvqZ msvi Askx`vwiZ AvQ wKbv, _vwKj Dnvi kZKiv nvi KZ t iwRkb mvwUwdKU Gi Rb wd RgvKiY mwKZ URvixi bvg, Pvjvb b^i, ZvwiL I UvKvi AsK t
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Avwg GB gg NvlYv KwiZwQ h, Dci ewYZ Z_vw` mwVK Ges Avgvi/ GB mU Ae WvBii Gi bvg Avi Kvb ivwb wbeb mb`c bvB|
`e t `iLvi mwnZ h mKj KvMRc /`wjjvw` `vwLj KwiZ nBe mBwji weeiY t (K) UW jvBmi mZvwqZ dUvKwc t
(L) ^xKZ P^vi / Avmvwmqkb nBZ ea g^vikxc mvwUwdKUi mZvwqZ dUvKwc t (M) Dci 10 b^i Kjvg DjwLZ URvix Pvjvbi g~j Kwc (N) Askx`vix cwZvbi iwRvW Askx`vix `wjji mZvwqZ Kwc (O) wjwgUW Kvvbxi mvwUwdKU Ae BbKcvikb, ggvivvg G AvwUKj Ae Avmvwmqkbi mZvwqZ dUvKwc t t t
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Appendix -3
Major country/commodity-wise export receipts The following table shows the comparative position of Export Receipts from major trading partners during the quarters April-June, 2013, January-March, 2013 and April-June, 2012, along with their trade shares.
(Amount in Millions)
Country/Commodity Group
April-June, 2013 Taka 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)
78511 (15.4) 1. Readymade garments 75025 2. Fish, Shrimps and prawns 764 3. Home Textile & Terry Towel 606 4. Jute Manufactures 362 5. Raw Jute 23 6. Leather and leather manufactures 164 7. Handicrafts 28 8. Others 1539 Germany 64620 (12.7) 1. Readymade garments 59935 2. Fish, Shrimps and prawns 899 3. Home Textile & Terry Towel 1478 4. Jute Manufactures 43 5. Raw Jute 44 6. Leather and leather manufactures 954 7. Handicrafts 16 8. Others 1251 U.K. 43807 (8.6) 1. Readymade garments 38615 2. Fish, Shrimps and prawns 2140 3. Home Textile & Terry Towel 997 4. Jute Manufactures 118 5. Raw Jute 47 6. Leather and leather manufactures 57 7. Handicrafts 12 8. Others 1821 Turkey 37974 (7.5)
U.S.A
January-March, 2013 Taka US Dollar 77351 979 (16.1) (16.1) 73458 929 855 11 840 11 343 4 20 0 149 2 29 0 1657 22 64373 814 (13.4) (13.4) 58633 742 801 10 2411 30 64 1 46 1 1474 19 11 0 933 11 39823 504 (8.3) (8.3) 35281 446 1861 24 1151 15 74 1 43 1 97 1 28 0 1288 16 28630 362 (5.9) (5.9)
April-June, 2012 Taka 79274 (17.1) 70817 744 4846 327 44 199 28 2269 61856 (13.3) 57003 885 2012 45 38 771 1 1101 40249 (8.7) 35329 1795 1587 93 24 61 11 1349 9652 (2.1) US Dollar 969 (17.1) 865 9 59 4 1 2 0 29 756 (13.3) 696 11 25 1 1 9 0 13 492 (8.7) 432 22 19 1 0 1 0 17 118 (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
24546 36 104 11818 73 178 6 1213 25134 (4.9) 1. Readymade garments 23198 2. Fish, Shrimps and prawns 342 3. Home Textile & Terry Towel 847 4. Jute Manufactures 8 5. Raw Jute 1 6. Leather and leather manufactures 410 7. Handicrafts 0 8. Others 328 India 21396 (4.2) 1. Readymade garments 3029 2. Fish, Shrimps and prawns 881 3. Home Textile & Terry Towel 135 4. Jute Manufactures 5655 5. Raw Jute 3344 6. Leather and leather manufactures 242 7. Others 8110 Spain 19742 (3.9) 1. Readymade garments 18738 2. Fish, Shrimps and prawns 79 3. Home Textile & Terry Towel 114 4. Jute Manufactures 64 5. Leather and leather manufactures 505 6. Handicrafts 1 7. Others 241 Italy 16735 (3.3) 1. Readymade garments 14433 2. Fish, Shrimps and prawns 67 3. Home Textile & Terry Towel 45 4. Jute Manufactures 51 5. Leather and leather manufactures 1563 6. Handicrafts 5 7. Others 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 (3.6) 17189 84 615 41 42 12 230 11237 (2.2) 9421 801 644 122 6 46 2 195 9631 (1.9) 7586 981 106 372 16 94 2 474 9628 (1.9) 5630 768 403 150 2 2001 2 672 7639 (1.5) 5105 136 13 140
234 (3.6) 221 1 8 1 1 0 2 144 (2.2) 121 10 8 2 0 1 0 2 124 (1.9) 97 13 1 5 0 1 0 7 124 (1.9) 72 10 5 2 0 26 0 9 98 (1.5) 66 2 0 2
16510 (3.4) 15374 238 708 31 20 4 135 10456 (2.2) 9125 667 242 154 4 91 15 158 10141 (2.1) 7870 1051 107 436 9 188 3 477 8255 (1.7) 5789 269 258 87 0 1629 5 218 8638 (1.8) 4886 165 11 40
209 (3.4) 194 3 9 0 0 0 3 132 (2.2) 115 8 3 2 0 1 0 3 128 (2.1) 100 13 1 6 0 2 0 6 104 (1.7) 73 3 3 1 0 21 0 3 109 (1.8) 62 2 0 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)
Appendix -4
Major top ten country/commodity-wise imports (Quarterly data) (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 0.4 428 855 2618 5.5 11.0 33.6 0.3 0.7 2.1 (100.0) 125179 1582.8 100.0 (20.8) 284 3.6 0.2 1022 609 2190 12.9 7.7 27.7 0.8 0.5 1.7
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
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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 2936
94.2 37.7
5.8 2.3
8981 2568
113.6 32.5
7.2 2.1
14502
186.2
11.5
12489
158.0
10.0
1245
16.0
1.0
1326
16.8
1.1
301.7 18.8 1250.5 100.0 26.3 9.2 26.2 140.8 85.5 2.1 0.7 2.1 11.3 6.8
239.8 15.2 1209.5 100.0 29.4 13.8 13.7 102.2 64.3 2.4 1.1 1.1 8.5 5.3
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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
24269
311.4
24.9
30194
381.8
31.6
982
12.6
1.0
705
8.9
0.7
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
2 16278
0.0 208.9
0.0 65.7
3 12842
0.0 162.5
0.0 55.9
613 451
7.9 5.8
2.5 1.8
473 314
6.0 4.0
2.1 1.4
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 292 structures 12. Others 2824 Japan 22080 (3.9) 1. Plastics and articles 145 thereof 2. Man-made staple fibres 17 3. Iron and steel 7637 4. Nuclear reactors, Boilers, 2364 Machinery and mechanical appliances, parts thereof 5. Electrical machinery and 238 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 2716 railway or tramway, rolling stock and parts and accessories thereof 7. Ships, boats and floating 5950 structures 8. Others 3013 Korea, Republic of 21894 (3.8) 1. Salt, Sulphur, earth and 578 stone, plastering materials, lime and cement 2. Organic chemicals 481 3. Tanning or dyeing 469 extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks 4. Plastics and articles 2476 thereof 5. Paper and paper board, 1524 articles of paper, pulp of paper or of paper board 6. Cotton,(all types) cotton 557
3.1
1.1
262
3.3
1.2
34.9
12.3
2876
36.4
12.8
6.2 6.0
2.2 2.1
537 439
6.8 5.5
1.9 1.5
31.8 19.6
11.3 7.0
1929 1907
24.4 24.1
6.8 6.7
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
677
8.7
3.1
371
4.7
1.3
218
2.8
1.1
191
2.4
0.6
6313
81.0
31.3
18619
234.7
56.3
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
80 521 1888
478
6.1
2.4
207
2.6
0.6
114
1.5
0.6
0.0
0.0
33
0.4
0.2
93
1.2
0.4
129
1.7
0.6
165
2.1
0.7
502 779
6.4 10.0
2.5 3.9
642 774
8.1 9.8
2.9 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 5280 4575 765 14043 (2.5) 1841
8.7 1.2 52.5 205.1 68.8 67.8 58.7 9.8 180.1 23.6
3.4 0.5 20.2 100.0 33.5 33.0 28.6 4.9 100.0 13.1
391 100 3936 9171 (1.5) 1641 2259 2636 2635 20729 (3.4) 4766
4.9 1.3 49.9 116.0 20.8 28.6 33.4 33.2 261.9 60.1
1.8 0.4 17.7 100.0 17.9 24.6 28.7 28.8 100.0 23.0
10724 572 72
190 512
2.4 6.6
1.4 3.9
291 556
3.7 7.0
2.3 4.4
3241 518
41.6 6.6
24.5 3.9
2997 410
37.9 5.2
23.8 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
210
2.7
1.6
1444
18.3
11.5
2090 26.9 15.7 196315 2519.5 (34.3) 85 1.1 42723 2711 548.5 34.8 -
1585 20.1 12.4 210422 2662.4 (34.9) 460 5.9 41825 4124 528.8 52.0 -
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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? Answer: Appendix 1 & 2
7. What are the trade strategies that are followed by Bangladesh?
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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