Bangladesh trade & its policies

Policies of Bangladesh Trade

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Export policies of Bangladesh Trade• The marketer of such commodities and facilities is

referred to as an “exporter”.• The export policy of Bangladesh Trade 2009-2012

offers road maps to boost our exportation.• 168 dissimilar items and facilities to around 186

nations.• Around 16 categories of items has been banned.





Bangladesh Exports: Goods

• Readymade Apparels (summing up to 12.3 billion USD within the fiscal year of 2009).• Frozen fishes and seafood.• Jute and Jute commodities.• Leather goods.• Tea.• Chemicals.• Handicrafts


Following are the significantly exported goods of Bangladesh:




Bangladesh Trade: Its Export Associates

• United States – 24%• Germany – 15.3%• United Kingdom – 10%• France – 7.4%• The Netherlands – 5.5%• Italy – 4.5%• Spain – 4.2%


Following nations were Bangladesh’s export associates since 2008:





Import Policies of Trade in Bangladesh• Because of the increase in the costs of the staples, when the cost

of a product raises, then the increase in value of the staples’ costs occurs within the global marketplace, the prohibition upon the importation might become annulled upon the testimonial of the interested sponsoring agency.• Commodities from Israel or commodities manufactured within that

nation and commodities transported within the flag vessels of that nation as well shall not become capable of being imported. • Nevertheless, whenever anybody is offended through any

judgment concerning the prohibition, that person or company is able to forward their representation towards the Bangladesh Tariff Commission.





Bangladesh Imports: Goods

• Machinery and accessories (summing up to 4.6 billion USD i.e. around 4.7%).• Chemicals.• Iron and Steel (summing up to 1.9 billion USD i.e. around 4.9%).• Cotton (summing up to 5.1 billion USD i.e. around 13% of the

aggregate Bangladeshi importations).• Foodstuffs (summing up to 1.1 billion USD i.e. around 2.7%).• Petroleum products (summing up to 1.5 billion USD i.e. around 3.9%).• Synthetic raw material fibers (summing up to 1.6 billion USD i.e.

around 4%)


Following are the significantly imported goods of Bangladesh:



Bangladesh Trade: Its Import Associates

• China – 15.8%• India – 15.7%• Kuwait – 8.1%• Singapore – 7.6%• Japan – 4.4%


Following nations were Bangladesh’s import associates since 2008:




Industrial Policies of Trade in Bangladesh• Its prescribed strategical effort is towards boosting the evolution

and maturation of the manufacturing division of the economic system.• The purpose of the private division. • Farming items and recruitment.• Technological and heavy-duty association.• Offering SME towards new entrepreneurs.• Farming products that are maintained and commercialized within

a hygienic manner.• Utilizing solar power in order to reduce power shortfall.• Data and communication technology betterment.



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Bangladesh trade & its policies

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