Beruflich Dokumente
Kultur Dokumente
ASEAN (1)
Submitted to: - Md. Bakhtiar Rana Chairman Dept. of Marketing Jagannath University
Jagannath University
Department of Marketing
NIMBUS
(Today and tomorrows marketing leaders)
NAME 1) 2) 3) 4) 5) 6) 7) 8) 9) Md. Ashraful Alam Md. Masum Billah Md.Mamun-Ar-Rashid Kazal Chandra Karmaker M.M.Abdullah Al Maswood Sheik Azharul Islam Md. Jahangir Alam Md. Monir Hossain Jaynal Abedin
07882889
Chapter 1
1.0 Introduction
After the 2nd world war united nation (UN) was formed in order to safety and habitable of world by taking all countries under one flag. It was thought that this organization would solve all of social, economical and political problem of the countries. But many problems come in front because of geographical country and the huge disparity of eco-social condition in spite of willingness to solve this problem. So, the concept of forming regional, political and economical organization had grown. ASEAN is a geographical economical organization. Basically, the association of Southeast Asian Nation is known as ASEAN. It is consisted with 11 countries. ASEAN was formed on 8th august 1967 by 5 south Asian same minded countries Indonesia, Malaysia, Philippines, Singapore, and Thailand. Its main purposes are the economic development of country, social progress, increasing economic growth, cultural development among its members by exchanging facilities, the protection of the peace and stability of the region and to provide the opportunities for member countries regarding internal and external economic problem. Keeping this new in mind and to fulfill this view easily the five countries had increased their members from five to eleven including Brunei, Burma, Cambodia, Laos, Vietnam and East Timor in the years of subsequently. ASEAN is successfully doing its job to keep economic, social, religious and cultural constancy among the members country. Most of ASEAN countries have a good economic relation with Bangladesh. So ASEAN is an important and nonreject able organization in Bangladesh perspective.
Chapter 2
Export to ASEAN countries
2.0 Introduction
The role of Export in the Economic Perspective is inevitable. If the rolling of exports is higher than import, it will ensure an auspicious economic growth of a country. ASEAN countries play a vital contribution to Bangladesh economy. Bangladesh gets good amounts of foreign currency through exporting different goods and services in ASEAN market.
Table 2.1.1: The amounts of exports in last six years to Brunei from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
300 250 200 150 100 50 0 -50 Amount (Taka in Millions) Growth Rate
Fig 2.1.1: Export to Brunei from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Now lets see what the major exports to Brunei were for the last four years and how much was the percentage of total export.
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3.Raw hides and skins, leather 21.132 5.873 7.886 5.735 4.Printed books, newspapers, 0.211 typescripts 5.Textiles and textile articles 11.016 21.011 18.366 13.409 6.Potential chemicals 0.758 Source-Export receipts: 08-09, 07-08, 06-07, 05-06.By statistics. Dept. of B.B. page 123-124.
5
Fig-2.1
50 45 40 35 30 25 20 15 10 5 0 1.Live animals, animals products
3.Raw hides and skins, leather 4.Printed books, newspapers, typescripts 5.Textiles and textile articles 6.Potential chemicals
2.1.2 Analysis
In the year 2005-06 we exported raw hides and skins 64.64% and textiles and textiles articles 33.70%.In 2006-07 raw hides and skins decreased 21.85% and textiles and textiles articles increases 78.15%.In 2007-08 we exported some new products such as live animals 12.65%, plastics and articles thereof 0.16%, printed books and newspaper 0.70%.Increases raw hides 26.16% but decreases textiles 60.95%.In 2008-09 our total export decreased. Raw hides and skins decreases 28.82%, textiles and textiles articles decreased 67.38%. Chemical was first exported at 3.82% in 2008-09.
Cambodia is a pivotal country where Bangladesh exports notable amount of goods& services in every economic year. The relationship in terms of export from Bangladesh to Cambodia contributes a lot in our trade and business.
2.2.1 Major exported products: 1. Products of the chemical or allied industries 2. Plastics and articles thereof 3. Raw hides and skins, leather 4. Pulp of wood or of other fibrous 5. Textiles and textile articles Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 55.131 39.192 44.781 50.749 46.246 Growth Rate 15% -29% 14% 13% -8%
Table 2.2.1: The amounts of Exports in last six years to Cambodia from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source-Export receipts: 08-09, 07-08, 06-07, 05-06.By statistics. Dept. of B.B, page 149-150
Fig 2.2
45 40 35 30 25 20 15 10 5 0 1. Products of the chemical or allied industries 2. Plastics and articles thereof 3. Raw hides and skins, leather 4. Pulp of wood or of other fibrous 5. Textiles and textile articles
2.2.2 Analysis
In 2005-06 Bangladesh exported Cambodia raw hides, skins and leather at 68.67%, Pulp of wood or other fibrous at 1.89%, textiles and textile articles at 24.42%. In 2006-07 new item products of the chemical or allied industries was added to export at the rate of 2.97% of total export. Other items were remaining with increasing of textiles from 24.42% to 35.23%.In 2007-08 products of the chemical or allied industries increased rapidly from 2.97% to 25.52%. New item plastics and articles included. Others were reduced in compare with previous years. In 2008-09 products of the chemical or allied industries were increase more. But textiles and textiles articles has fallen a big number from 11.41 to 3.61%.
Indonesia is one of the bigger countries of South East Asia. It has more than 200 million population markets for Bangladesh. It is a more potential and good market from Bangladeshi point of view.
10
2008-09
1351.17
-5%
Table 2.3.1: The amounts of Exports in last six years to Indonesia from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
1600 1400 1200 1000 800 600 400 200 0 -200 Amount (Taka in Millions) Growth Rate
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
11
substitutes 4.Products of the chemical 68.987 109.577 and allied industries 5. Plastics 3.165 0.484 40.882 91.78
6.361
12.480
Source-Export receipts: 08-09, 07-08, 06-07, 05-06.By statistics. Dept. of B.B, page 202-205
Fig 2.3
120 100 80 60 40 20 0
1. Live animals 2. Vegetables products 3 .Tobacco and substitutes 4.Products of the chemical and allied industries 5. Plastics
2.3.2 Analysis
In 2005-06 Bangladesh exported many item to Indonesia. But textiles and its article export in a big amount which is 74.69 % of total. Other items like products of the chemical and allied industries 6.76%, iron and steel 14.90% were exported. In 2006-07 textiles had fallen down in 69.41%. Iron and steel had fallen in 13.66%. Though their total amount had increased from previous years. Raw hides, skins, leather and product of chemical were increased. In 2007-08 total amount and percentage of total export of textiles and raw hides were increased from 69.41% to 17.17% consecutively. But others were reduced. In 2008-09 all the items were reduced
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without products of chemical. It was increased from 2.92% to 6.77%. New item is live animals and products but little amount which is 0.4% of totals.
Table 2.4.1: The amounts of Exports in last six years to Laos from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
13
1..Plastics and articles thereof 2.Raw hides, skins and leather 3.Textiles and article 4.Miscellaneous 5.Optical
Fig 2.4
14
40 35 30 25 20 15 10 5 0 1..Plastics and articles thereof 2.Raw hides, skins and leather 3.Textiles and article 4.Miscellaneous 5.Optical
2.4.2 Analysis
In 2005-06 we export only two products that is an amount of 41851 million tk. Those are raw hides, skins, leather 90 % and textiles articles. In 2006-07 we export 3 products but decreased an amount of 16167 tk. raw hides, skins and leather retains 1 as 78 % exported. In 2007-08 4 products exported but in amount less than previous years. Raw hides, skins and leather 40% lost their market, plastics and thereof 41% in top position in exported products. In 2008-09 we exported 5 products that is an amount of 19575 million tk. more than previous years. Textiles articles 30% increased in a good amount of exported products.
10. Textiles and articles 11. Iron, steel, copper Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 529.58 726.22 1043.35 164.22 117.82 Growth Rate 33% 37% 43% -84% -28%
1200 1000 800 600 400 200 0 -200 Amount (Taka in Millions) Growth Rate
102.964 134.307 164.278 117.816 126.578 90.265 1.004 30.778 27.228 39.473 1.064 161.321 3.717
178.155 160.837
4.Foodstuffs,beverages,skinet
16
Fig 2.5
500 450 400 350 300 250 200 150 100 50 0 2.Vegetables products 3.Animal and vegetables 4.Foodstuffs,beverages,skinet and vinegar 5.Mineral product 1. Live animals and products
2.5.2Analysis
In 2005-06 Bangladesh exported highly such as animals, vegetables, pharmaceutical products, textiles and articles to Malaysia. But mineral product and plastic and rubbers exported rate decreased. In 2006-07 animals, plastics and rubbers, textiles and articles had increased than previous year 05-06. But vegetables, foodstuffs, skins, raw hides and iron, steel, copper had decreased. In 2007-08 the exported products live animals, pharmaceuticals products, plastics, raw hides and textiles increased but other products decreased. In 2008-09 Bangladesh exported mineral products, pharmaceuticals which percentage rate was high than previous year.
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2. There are several things that works behind the increasing the export of Woven garments and knitwear. There are available cheap labor, uninterruptable power supply and available foreign raw materials. 3. Bangladesh ecology is favorable for shrimp cultivation. 4. Our agricultural production depends on whether so our agricultural products export like potato and jute fluctuate.
Myanmar is the nearest country of Bangladesh. It is one of the ASEAN countries. Bangladesh extends export in different countries. Myanmar is one of them. Myanmar is an industrially least developed country. So Bangladesh has lot of opportunity to export in Myanmar.
The amounts of exports in last six years to Myanmar are shown below:
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Table 2.6.1: The amounts of Exports in last six years to Myanmar from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
300 250 200 150 100 50 0 -50 Amount (Taka in Millions) Growth Rate
200506 0.585
2006-07
2007-08
2008-09
1.Vegetables products
548
4.928
664
19
58.903
10.3300
92.343
125.379
1.587
0.180
10.447
73.198
8.358
4.694
0.348
2.255
1.939
13.616
Fig 2.6
700 600 500 400 300 200 100 0 1.Vegetables products 2.Products of the chemical and allied industries 3.Plastics and articles thereof 4.Raw hides and skins, leather 5.Textiles and articles
20
2.6.2 Analysis
In 2005-06 Bangladesh had exported highly chemical, allied industries, plastics and articles thereof and textiles to Myanmar. But the rates of other products have decreased. In 2006-07 Bangladesh had exported highly chemical, allied industries which increased from previous years. But some products percentage decreased such as vegetables products, plastics and articles, live animals from previous years. In 2007-08 exported products vegetables products and iron, steel increased from previous years. In 2008-09 Bangladesh had exported chemical, allied industries and iron, steel which rate was high than previous years. But other products rate decreased such as vegetables, plastics, raw hides ceramic products from previous years.
Export to ASEAN countries especially in Singapore provides a major source of foreign currency for Bangladesh. The trend of export to Singapore is going towards progress.
8. Wood and articles of wood 9. Pulp of wood or of other fibrous 10. Textiles and articles 11. Vegetable fat and oil 12. Footwear, headgear 13. Articles of stone 14. Natural and cultured pearls 15. Base metals and articles of base metal 16. Machinery and mechanical 17. Vehicles, aircraft, vessels
The amounts of exports in last six years to Singapore are shown below: Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 2736.4 4105.91 4520.26 3149.13 3909.07 Growth Rate 65% 50% 10% -30% 24%
Table 2.8.1: The amounts of Exports in last six years to Singapore from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
22
Fig
5000 4500 4000 3500 3000 2500 2000 1500 1000 500 0 -500
2.8.1:
Exports
to
Singapore
from
Bangladesh
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
94.437
23
Fig 2.7
3000 2500 2000 1500 1000 500 0 1.Live animals : animal products products 4. Mineral product the chemical and allied 2.Vegetables 3. Foodstuffs, beverages 5. Products of industries 2005-06 Growth 2006-07 Growth 2007-08 Growth 2008-09 Growth
2.7.2 Analysis
In 2005-06 we exported 17 types an amount of products of 5244877 tk. in which mineral products 50%, vegetables products 11% and natural and cultured pearls noticeable. In 2006-07 we exported 16 types of products, that is about 4034101 million tk. natural and cultured pearls43 % and textiles articles 11.97% but mineral product 13.59% decreases a huge amount on the other hand vegetable products 11% remain same. In 2007-08 we exported 15 types of products that is about 3149128 million tk. That means our export decrease year by year. Though natural and cultured pearls are top position29% but it decreases than previous years. In 2008-09 we export 17 products that is amount about 3909069 that is more than 07-08.After 1 year we export mineral products 46% and that is gained top position. Textiles and articles exports also increase. But we lost our pearls 4% and vegetable products 0.35%. So after analyzing we have a good chance to export in Singapore.
The amounts of exports in last six years to Thailand are shown below: Years 2004-05 Amount (Taka in Millions) 2760.14 Growth Rate 97%
25
Table 2.9.1: The amounts of Exports in last six years to Thailand from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
131.51
193.056
160.195
163109
26
products 2. Vegetables products 3. Prepared foodstuffs 4. Products of the Chemical 5.Plastics and articles 11.532 69.675 2.778 0.865
3.146
5.435
19.104
25.361
906.726
0.162
2.146
3.511
7.377
Fig 2.8
180000 160000 140000 120000 100000 80000 60000 40000 20000 0 1. Live animals : animal products 2. Vegetables products 3. Prepared foodstuffs 4. Products of the Chemical 5.Plastics and articles
2.8.2 Analysis
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In 2005-06 textiles and articles and base metals and its articles exported highly than other products. In 2006-07 textiles export decreased but base metal and its articles export rate increased. In 2007-08 live animals and animals products exported highly. Base metal and its articles export rate decreased hugely. In 2008-09 products of the chemical exported highly from previous years. Export change of other products was not noticeable.
Vietnam is one of the major countries of ASEAN. Bangladesh has a long trade relationship with Vietnam. There are a huge demand for Bangladeshi products and service. Bangladesh export many products to Vietnam.
2.9 Major exported products 1. Live animals, animals products 2. Foodstuffs, beverage, sprits, vinegar 3. Pharmaceuticals products and
Chemicals 4. Plastic and rubbers 5. Raw hides and skins, leather 6. Textiles & articles 7. Iron & steel 8. Machinery 9. Miscellaneous 10.Vegetable
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The amounts of exports in last six years to Vietnam are shown below: Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 1544.84 1359.65 2310.67 36.61 66.73 Growth Rate 71% -12% 70% -98% 82%
Table 2.10.1: The amounts of Exports in last six years to Vietnam from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
200506 2.351
200607 6.141
200708 51.891
42.200 2.Foodstuffs,beverage,sprits,vin gar 3.Pharmaceuticals products and Chemicals 4.Plastic and rubbers 5.Raw hides and skins, leather
23.998
28.219
27.737
66.875
115.80 1 67.451
2.748
29.124
58.309
607.68 417.36 441.73 358.28 3 3 6 6 Source-Export receipts:08-09,07-08,06-07,05-06.By statistics. Dept. of B.B. page 393-397
Fig 2.9
700 600 500 400 300 200 100 0 2.Foodstuffs,beverage,sprits ,vingar 3.Pharmaceuticals products 1.Live animals, animals products
and Chemicals
2.9.2 Analysis
In 2005-06 only raw hides and skins, leather and textiles and articles exported highly. These products percentage rate was 40.37% and 54.36%.other products exported few. In 2006-07
30
textiles and textiles articles export was highest, which rate was 51.06% .Raw hides, skins, leather and iron, steel export was noticeable. In 2007-08 raw hides, skins export increased from previous years. But textiles and articles and iron and steel export decreased from previous years. In 200809 live animals and animals products, pharmaceuticals products and chemical, plastics and articles, textiles and its articles increased from previous years. Other products export rate decreased.
31
The amounts of exports in last six years to Philippines are shown below: Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 332.17 690.07 517.22 249.07 878.04 Growth Rate 7% 108% -25% -51% 252%
Table 2.7.1: The amounts of Exports in last six years to Philippines from Bangladesh Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source: Annual Export Receipts (2008-09), (2006-07) Statistics Department, Bangladesh Bank
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Name of the products 1. Live animals : animal products 2. Vegetables products 3. Foodstuffs beverage 4. Products of the Chemical or allied industries 5. Raw hides and Skins
2005-06
2006-07
2007-08 1.848
2008-09
0.171 43.061
24.892 216.368
10.579
1.250
3.718
1.503
Fig 2.10
250 200 150 100 50 0 3. Foodstuffs beverage 4. Products of the Chemical or allied industries 5. Raw hides and Skins 1. Live animals : animal products 2. Vegetables products
10.1.2 Analysis
In 2005-06 foodstuffs, beverage, base metals and its articles exported hugely. In 2006-07all of the products export rate decreased from previous without base metals and its articles. In 2007-08 live animals and animals products exported firstly. All products without base metals and its articles export rate increased from previous years. In 2008-09 mineral products exported first time. Without vegetables and products of the chemical or allied industries all products export rate decreased.
2. There are several things that works behind the increasing the export of knitwear. There are available cheap labor, uninterruptable power supply and available foreign raw materials
Brunei 19.902 30.135 26.884 Burma 345.529 446.704 208.294 Cambodia 46.46 50.749 75.367 Indonesia 1351.172 1402.246 1317.924 Laos 19.75 15.846 16.167 Malaysia 1876.421 1418.889 867.435 Philippines 878.036 249.074 371.715 Singapore 3909.069 3149.128 4034.101 Thailand 2431.740 471.769 1492.799 Vietnam 1189.719 1029.978 1547.345 Source -Export receipts:08-09,07-08,06-07,05-06.By statistics. Dept. of B.B.
34
6000000 5000000 4000000 3000000 2000000 1000000 0 2008-09 2007-08 2006-07 2005-06
2008-09 1206.7
2007-08 826.5
2006-07 995.8
2005-06 1123.6
35
Chapter 3
36
The amounts of imports in last six years from Brunei are shown below: Years 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 6.3 11.89 25.51 97.32 29.28 Growth Rate -60% 88% 115% 282% -70%
Table 3.1.1: The amounts of imports in last six years from Brunei to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
37
2005-06
200607 3.337
2007-08
200809 3.102
1. Products of the chemical or allied industries 2. Plastics and articles thereof; rubber and articles 3. Pulp of wood or of other fibrous cellulose material 4. Textiles and textile articles 5. Base metals and articles of base metal
0.237
7.420
14.719
1.169
2.185
1.920
1.34
10.447
17.816
1.069
2.137
8.572
69.896
----
------
3.452
----
-----
70 60 50 40 30 20 10 0
1. Products of the chemical or allied industries 2. Plastics and articles thereof; rubber and articles 3. Pulp of wood or of other fibrous cellulose material 4. Textiles and textile articles 5. Base metals and articles of base metal
38
3.1.2 Analysis
From the imported information of 05-06, the high percentage product are plastics and articles, rubber machinery and mechanical therefore import decreased pulp of wood textiles and product of chemicals. In 06-07,the imported product increased than 05-06.such as pulp of wood, textiles, base metals, product of chemical .on the other hand plastics and articles have decreased than 0506. In 07-08 the imported product increased only textiles and textiles articles but other product decreased than previous year. In 08-09 the imported product machinery and mechanical appliance has increased but other product has decreased as well as previous year.
Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
39
Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
200506 -------
1. Pulp of wood 2. Products of the chemical or allied industries 3. Prepared foodstuffs 4. Textiles and textile articles 5. Machinery
---1.591 ----
-----1.645
------5.11
0.705 --8.936
40
Fig 3.2
25 20 15 10 5 0 1. Pulp of wood 2. Products of the chemical or allied industries 3. Prepared foodstuffs 4. Textiles and textile articles 5. Machinery
3.2.2 Analysis
In 05-06, Bangladesh imported from Cambodia only textiles and textiles articles. In 06-07,the imported product textiles has decreased but pulp of wood and machinery has increased from previous year. In 07-08, pulp of wood has decreased than 06-07 but machinery and mechanical appliance has increased highly than 06-07. In 08-09 the imported product pulp of wood and machinery and mechanical appliance have decreased but in o8-o9 Bangladesh imported new product, products of chemical or allied industries, prepared food stuffs, from Cambodia. Bangladesh has not imported these products in previous years.
3.3.1 Major imported products: 1. Vegetable products 2. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes
41
3. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco substitute 4. Products of the chemical or allied industries 5. Raw hides and skins, leather, fur skins and articles thereof, saddler and harness, travel goods, handbags and similar containers, articles of animal gut( other than silk-warm gut 6. Plastics and articles thereof rubber and articles thereof 7. Wood and articles of wood, wood charcoal, cork and articles of cork, manufactures of straw, of esparto or other painting materials, basket ware and wicker work 8. Pulp of wood or other fibrous cellulosic material, recovered(waste and scrap) paper or paperboard, paper and paperboard and articles thereof 9. Textiles and textile articles 10. Footwear, headgear, umbrellas, sun umbrella, walking sticks, seat sticks, whips, riding crops and parts thereof, prepared feathers and articles made thereof, artificial flowers, articles of human hair
The amounts of imports in last six years from Indonesia are shown below: Years 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 2173.14 8801.47 1673.55 1547.32 30395.22 34974.04 Growth Rate 305% -80% -8% 1864% 15%
Table 3.3.1: The amounts of imports in last six years from Indonesia to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
42
Fig 3.3.1: Imports from Indonesia to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
2006-2007
2007-2008
82232 10054.145
469084 16513.351
235.007 109.621
204.204 1095.738
94.443 1342.462
72.095 2210.984
45.201
167.262
193.686
36.39
43
Fig 3.3
900000 800000 700000 600000 500000 400000 300000 200000 100000 0 1. Vegetable products 2. Animal or vegetable fats 3.Prepared foodstuffs 4. Products of the chemical or allied industries 5. Raw hides and skins,
3.3.2 Analysis
In 05-06 Bangladesh has imported highly animals or vegetables fats, textiles, prepared food stuffs from Indonesia. But the imported other products have decreased percentage such as products of chemical, raw hide and skins, plastics and articles wood and articles, food wear. In 06-07, animal or vegetables, products of chemical or allied industries, raw hides, plastics and articles, pulp of wood, textiles have increased than 05-06. But vegetable products, prepared food stuffs, wood or articles, food wear have decreased than previous year. In 07-08, the imported product animal or vegetable has only increased but other products have decreased than previous year. In 08-09, Bangladesh has imported vegetables products, animal or vegetable products of chemical, pulp of wood. This is high percentage than previous year. But other products such as prepared food stuffs raw hides, plastics, wood and articles pulp of wood and textiles, foot wear have decreased percentage than 07-08.
44
Table 3.4.1: The amounts of imports in last six years from Laos to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
45
Fig 3.4.1: Imports from Laos to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Products
20052006 ---
20062007 1339
20082009 ---
1. Vegetable products
39.368
66.049
47.348
3. Base metals and articles of base metal 4. Products of the chemical or allied industries 5. Pulp of wood or other fibrous cellulose material
---
---
---
2.472
---
6.424
0.319
1.261
0.091
46
Fig 3.4
14000 12000 10000 8000 6000 4000 2000 0 2. Textiles and textile articles 3. Base metals and articles of base metal 4. Products of the chemical or allied industries 5. Pulp of wood or other fibrous cellulose material 1. Vegetable products
3.4.2 Analysis
The above data we found hat, vegetable products imported percentage was increasing in the year 07-08 which is 2.91% from previous year 06-07 and also 05-06. But in the year 08-09 we see that there is no import of vegetable product is occurred .that is very good sigh to us. Similarly we see that base metals and articles, pulp of wood, paper board, paper articles ,and associated terms poor equipments are two positive sight to us . But the textiles article was decreasing in the year 07-08 from the year 07 and 08. But in the year 08-09 again increasing in 77.95% which is very harm o us. Also chemical products plastics, machinery and electronic parts, television image import percentage are increasing with cheap rate.
3.5
Malaysia is one of the good developed countries, in ASEAN. We export many products there. They are economically strong, but we have a potential there. 3.5.1 Major imported products:
47
1. Vegetable products 2. Textiles and textile articles 3. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes 4. Products of the chemical or allied industries 5. Pulp of wood or other fibrous cellulose material, recovered (waste and scrap) paper or paperboard, paper and paperboard and articles thereof 6. Plastics and articles thereof rubber and articles thereof 7. Base metals and articles of base metals 8. Wood and articles of wood, wood charcoal, cork and articles of cork, manufactures of straw, of esparto or other plaiting materials, basket ware and wickerwork 9. Prepared foodstuffs, beverages sprits and vinegar 10. Mineral products 11. Live animals, animal products
The amounts of imports in last six years from Malaysia are shown below: Years 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 5089.92 4714.67 17050.12 18048.32 30926.7 47760.88 Growth Rate -8% 262% 6% 71% 54%
Table 3.5.1: The amounts of imports in last six years from Malaysia to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
48
Fig 3.5.1: Imports from Malaysia to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Products
2005-06
200607 63.735
2008- 09
1. Vegetable products
---
151.479
2606291
4. Products of the chemical or allied industries 5. Pulp of wood or other fibrous cellulose material
49
Fig 3.5
3000000 2500000 2000000 1500000 1000000 500000 0 1. Vegetable products 2. Textiles and textile articles 3. Animal or vegetable fats 4. Products of the chemical or allied industries
3.5.2 Analysis
In the chart of Malaysia we see that every product was imported in 08-09 yearbooks we found that the rate of vegetable products, pulp of wood, plastic articles wood articles live animals imported was low in the 08-09 from previous year. We also found that the percentage of vegetables fats and mineral is pretty high from previous years. And other products like textiles articles, chemical products, base metals are imported but increasing rate of 08-09 is low from previous years.
2. Vegetable products 3. Animal or vegetable fats and oils and their cleave rage products 4. Products of the chemical or allied industries 5. Raw hides and skins, leather, fur skins and articles thereof 6. Plastics and articles thereof rubber and articles thereof 7. Wood and articles of wood, wood charcoal, cork and articles of cork 8. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco substitutes 9. Machinery and mechanical appliances, electronics equipment parts thereof, sound recorders and reproducers, Television image
The amounts of imports in last six years from Myanmar are shown below: Years 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 0.00 152.74 334.26 1440.24 7944.50 4585.54 Growth Rate 119% 331% 452% -42%
Table 3.6.1: The amounts of imports in last six years from Myanmar to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
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Fig 3.6.1: Imports from Myanmar to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Products 1.Live animals, animal products 2. Vegetable products 3.Animal or vegetable fats 4. Products of the chemical or allied industries 5. Raw hides and skins
2007-08 45.529
2008- 09 45.156
3.607
3.408
---
---
52
Fig 3.6
12000 10000 8000 6000 4000 2000 0 3.Animal or vegetable fats 4. Products of the chemical or allied industries 5. Raw hides and skins 1.Live animals, animal products 2. Vegetable products
3.6.2 Analysis
From the above chart, we see that animal fats, chemical products, raw hides, leather, plastics are not imported in this year 08-09 and also very low percentage imported in previous years. The vegetable articles, wood of articles are imported so much in the year 08-09 from the year 07-08, 06-07. We see the rate of live animals have increased in 08-09 from 07-08 and which is not imported in previous year but in this year 08-09 we import his product 1.60%.
6. Machinery and mechanical appliances 7. Base metals and articles base metal 8. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco Substitutes 9. Mineral products 10. Pulp of wood or of other products
Table 3.7.1: The amounts of imports in last six years from Philippines to Bangladesh Source: Annual Import Payments (2008-09), Statistics Department, Bangladesh Bank
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Fig 3.7.1: Imports from Philippines to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Products
2005-06
2007-08
2008-09
24.601 401.528
2.541 223.085
7.356 198.268
3. Products of the chemical or allied industries 4. Vehicles and associated transport equipment 5. Plastics and articles thereof
191.659
23.228
40.103
1.704
---
10.707
3.403
93.020
158.21 1
299.758
78.134
55
Fig 3.7
450 400 350 300 250 200 150 100 50 0 3. Products of the chemical or allied industries 1. Vegetable products 2. Textiles and textile articles
3.7.2 Analysis
The imported vegetable products and textiles, textiles articles were big amount in 05-6 but decrease 07-08, little increase 07-08 and 08-09. Product of chemicals were longer 05-06 decrease 06-07 and 07-08 and increase 08-09,palastics and article product are increased consecutively the present years from previous year. Machinery and mechanical appliance are increased the recent years. Base metals are articles base metal are increased 06-07 and 07-08 but decrease 08-09. Prepared food stuff beverage is increased recent years.
6. Raw hides and skins, leather, fur skins and articles thereof, saddler and harness, travel goods, handbags and similar containers, articles of animal gut( other than silk-warm gut) 7. Wood and articles of wood, wood charcoal, cork and articles of cork, manufactures of straw, of esparto or other painting materials, basket ware and wickerwork 8. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco substitutes 9. Mineral products 10. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes
The amounts of imports in last six years from Singapore are shown below: Years 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 Amount (Taka in Millions) 35799.6 28424.37 21801.26 43118.4 87265.96 1211631.5 Growth Rate -21% -23% -80% 102% 39%
Table 3.8.1: The amounts of imports in last six years from Singapore to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
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Fig 3.8.1: Imports from Singapore to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
1. Vegetable products 2. Textiles and textile articles 3. Products of the chemical or allied industries 4. Live animals, animal products 5. Plastics and articles thereof
9501.972
831.949
640.087
235.240
412.471
3992.719
4978.942
4270.127
Fig 3.8
10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 3. Products of the chemical or allied industries 4. Live animals, animal products 5. Plastics and articles thereof 2. Textiles and textile articles 1. Vegetable products
3.8.2 Analysis
Most of the products percentage are decreased 08-09 from 07-08, but most products percentage are increased 06-07 from 05-06, but product 2,3,5,8,9,10 increased 07-08 from 06-07. The amount of imported products such as vegetable, textiles increased 06-07 from 05-06 and 07-08 from 08-09. Live animals, animals products the amount of imported was longer 05-06, but decrease 06-07 and 07-08 on the other hand increase 08-09 longer enough. Plastics and articles were increased 05-06 but decrease 06-07 and simultaneously increased 07-08, 08-09. The products of chemicals, raw hides wood and articles prepared foodstuffs, mineral products, animal and vegetable are consecutively increased.
2. Textiles and textile articles 3. Products of the chemical or allied industries 4. Live animals, animal products 5. Plastics and articles thereof rubber and articles thereof 6. Raw hides and skins, leather, fur skins and articles thereof, saddler and harness, travel goods, handbags and similar containers, articles of animal gut( other than silk-warm gut) 7. Base metals and articles base metal 8. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco substitutes 9. Mineral products 10. Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable wages The amounts of imports in last six years from Thailand are shown below:
Table 3.9.1: The amounts of imports in last six years from Thailand to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
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Fig 3.9.1: Imports from Thailand to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
20062007 631793
20082009 1744270
1. Vegetable products
5594381
2029373
---
26421
61
21009 1
482812 8
720184 0
6564044
Fig 3.9
8000000 7000000 6000000 5000000 4000000 3000000 2000000 1000000 0 5. Plastics and articles thereof rubber and articles thereof 3. Products of the chemical or allied industries 4. Live animals, animal products 2. Textiles and textile articles 1. Vegetable products
3.9.2 Analysis
In the year 05-06 we imported vegetables products 2.40%, textiles and textiles articles 2.57%, plastics and articles then 0.98%, raw hides and skins, prepared foodstuff, mineral product 1.41% animal or vegetables fats from Thailand. In the year 06-07 our total import from Thailand have increased. In the year 07-08 our total import from Thailand increased in a huge amount in this year we import vegetable, textiles, chemicals, live animals, base metal increased. But the imported products live animals, vegetables products, raw hides and skins, textile, footwear, articles of stone, vehicles, optical are decreased from 07-08 to 08-09.
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3.10.1 Major imported products: 1. Vegetable products 2. Textiles and textile articles 3. Products of the chemical or allied industries 4. Live animals, animal products 5. Plastics and articles thereof rubber and articles thereof 6. Pulp of wood or of other products 7. Base metals and articles base metal 8. Prepared foodstuffs, beverages sprits and vinegar, tobacco and manufactured tobacco substitutes 9. Mineral products 10. Machinery and mechanical appliances
Table 3.10.1: The amounts of imports in last six years from Vietnam to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
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Fig 3.10.1: Imports from Vietnam to Bangladesh Source: Annual Import Payments (2008-09), (2006-07) Statistics Department, Bangladesh Bank
Products
200506 656.629
200607 80.958
2007-08
2008-09
1. Vegetable products 2. Textiles and textile articles 3. Products of the chemical or allied industries 4. Live animals, animal products 5. Plastics and articles thereof rubber and articles thereof
1.560
1.530
5.491
4.465
46.021
42.189
52.180
61.104
Fig 3.10
700 600 500 2. Textiles and textile articles 400 300 200 100 0 5. Plastics and articles thereof rubber and articles thereof 3. Products of the chemical or allied industries 4. Live animals, animal products 1. Vegetable products
3.10.2 Analysis
In the year 05-06 we imported vegetables products 68.64%, textiles and textiles articles 17.99% , products of the chemicals 1.16%, live animals0.16%, plastics and articles thereof 4.81%, pulp of wood0.16% prepared foodstuffs 1% and mineral products 0.09% from Vietnam out of total import. In the year 06-07 our total import increased. vegetables reduced 8.32% textiles increased 27.10%, products of chemicals increased 2.36%, live animals same plastics produced 4.33% pulp of wood increased 0.18%prepared decreased 0.94% minerals reduced 0.08% but two new produces such as base metals 1.72% import from Vietnam in 06-07. But live animals, vegetables products, raw hides and skins, wood, pulp of wood, base metals, vehicles, miscellaneous are decreased from 07-08 to 08-09.
2008-09 29.285
2007-08 97.317
2006-07 26.977
2005-06 23.664
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140000000 120000000 100000000 80000000 60000000 40000000 20000000 0 2008-2009 2007-2008 2006-2007 2005-2006
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CHAPTER 4
4.1 Balance of Trade:
The difference between the monetary value of exports and imports is called balance of trade. When the monetary value of export exceeds the monetary value of import, a positive balance of trade is determined. On the other hand, there will be a negative balance of trade. The balances of trade of ASEAN countries for the last three years are shown below.
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SL no 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
Country Brunei Cambodia Laos Indonesia Malaysia Myanmar Philippines Singapore Thailand Vietnam
Balance of Trade 2008-09 -9.38 -24.51 -41.16 -33622.87 -47643.06 -4460.16 -460945.6 -1207722.42 -34012.97 -1671.83
Balance of Trade 2007-08 -67.14 43.78 -134.65 -28992.98 -445.83 -7852.2 -3167.36 -84116.83 -33823.87 -765.05
Balance of Trade 2006-07 1827.62 39.35 1035.19 -14494.55 -17004.97 -1187.15 -987.32 -38598.14 -1075920.93 1869.84
200000 0 -200000 -400000 -600000 -800000 -1000000 -1200000 -1400000 Balance of Trade 2008-09 Balance of Trade 2007-08 Balance of Trade 2006-07
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Source: Annual Export Receipts (2008-09), Statistics Department, Bangladesh Bank, Annual Import Payments (2008-09), Statistics Department, Bangladesh Bank
4.2 Analysis
Negative balance of trade is a very frequent phenomenon to Bangladesh economy. If we examine the above mentioned graphs, we can see that in 2006-07 our balance of trade with ASEAN countries was comparatively less negative. Negative balance of trade is decreasing with Indonesia, Malaysia, and Thailand. It is a very positive sign for Bangladesh. But the huge negative balance of trade with Singapore is gradually increasing. So, Bangladesh has no alternative to increase export on a high scale to Singapore and other ASEAN countries.
Chapter 5
Conclusion:
ASEAN is an emerging economical power in this region as well as world. Trade between the countries of ASEAN and Bangladesh increasing day by day without East Timor. Bangladesh has a big potential for exporting new and exciting goods in ASEAN countries. Bangladesh imports many items from ASEAN countries. So Bangladesh is a good market for them and they are also good market for Bangladesh. But this is amateur of great regent that, Bangladesh has no relation with ASEAN and no entrance in ASEAN Free Trade Area (AFTA).If Bangladesh can be gotten regional and economical such as tariff, quota facilities which will help us to develop our economy. SEAN is a south Asian organization. Bangladesh is also a south Asian country. So the entrance to ASEAN for Bangladesh may be well and better than worse.
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Part-B
Competitive position of Bangladesh in comparison of ASEAN countries
1.1 Brunei
Top exported products in Brunei with growth rate are given below: Table 1.1 Top exported products in Brunei with growth rate
Product Textile Country India China England 2007-08 72.46 53.37 37.41 18.366 310.35 230.25 156.51 78.86 180.25 110.13 90.05 2008-09 53.46 38.31 25.51 13.40 430.13 270.23 215.15 97.37 140.33 131.41 123.55 (Million tk.) Growth -23% -28% -72% 26% 26.53% 14% 10% 25% 11% 10% 24%
Bangladesh
Raw hides China Pakistan UAE
Bangladesh
Chemical product Germany UK Russia
7.5 Bangladesh Source: Annual Export Receipts (2008-09) and (2006-07), Bangladesh Bank
Graph 1.1
500 400 300 200 100 0 -100
China
UAE
Germany
Bangladesh
Bangladesh
Pakistan
Russia
UK
Bangladesh
Growth
Textile
Raw hides
Chemical product
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1.2 Analysis
In textiles sector, we can see that, India, Chin, UK and Bangladesh export 72.46 million tk. 53.37 million, 37.41 million, and 18.366 million tk. conjunctively in 2007-08. In 2008-09, India increases in export to 53.46 million taka, China 38.31 million tk. UK 25.51 million tk. But only Bangladesh decrease to13.40million tk. In raw hides, we can see that China, Pakistan, UAE has a positive growth rate of 26.53%, 14%, 19% conductively. But the growth rate of Bangladesh is negative -25%. In chemical products, in Germany decrease its growth rate at -11%, UK increases to 10%, Russia increases to 24%. Bangladesh export this product 1st time
1. Bangladesh has two seaports. One is Chittagong port and another is Mongla port. Bangladesh can easily export product through these port. Here Bangladesh has absolute advantage from those countries that have no port. 2. We have low labor cost. Because of Bangladesh is densely populated and poor country. Because of poverty, people engage them in work in a low wages which creates low production cost in comparison of competitive country. 3. Bangladesh is an agricultural country. So the raw materials of product can be found easily and in a very cheap rate. 4. We are renown in textiles. So Brunei imports textiles from us for our renown. 5. We are Muslim country. Most of the time, we eat cow, goat meat. So raw hides and animal skin are available here.
1. Bangladesh is very far from Brunei. But our competitor countries are much more near from Brunei. So their transport cost is low than us. 2. High and modern technology is very available in our competitive country. We are not highly introduced with modern technology. 3. Other countries have seaport do their best use. 71
4. Government stability is also a good reason for more exporting of our competitor. 5. In spite of high labor cost, their labor is more skill and productive than us.
2.1 Malaysia:
Top exported products in Brunei with growth rate are given below: Table 1.2 Top exported products in Brunei with growth rate
Product Textile Country India UK China Bangladesh Australia Canada China 2007-08 167.52 1280.38 1050.13 814.52 672.61 450.17 360.11 178.155 150.28 110.68 70.27 39.473 2008-07 1856.32 1390.57 1126.31 752.517 726.45 530.67 410.18 160.834 210.57 130.29 85.23 61.32 (Million tk.) Growth 19% 23% 27% -17% 11.09% 17% 21% -4% 22.8% 21% 20% 20%
Mineral product
Bangladesh
Vegetable product India Myanmar Taiwan
Bangladesh
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Graph 1.2
2000 1800 1600 1400 1200 1000 800 600 400 200 0 -200
Bangladesh
India
Bangladesh
Taiwan
UK
Textile
Mineral product
Vegetable product
2.2 Analysis
In textile side, we observe that, India export in 2007-08 is 1672.52 million tk. in 2008-09 is1856.32 million tk. And the growth rate is 19%. We also observe that England export in2007-08 is 1280.38 million tk. And it increase in 2008-09 is 1390.53 and growth rate is 23%. In 2007-08 china export to Brunei is 1050.13million tk. And in 2008-09 it increases to 1137.27 million tk. Which growth rate are 27 present. Last we observe that Bangladesh exported in 2007-08 is 814.32 million tk. which is low from in 2008-09 export that is 752.61 million and the growth rate is negative which is -17%. We find in mineral product, tae Australia, Canada, china also Bangladesh exported that product is 672.61, 450.17, 360.11, 178.155 in 2007 -08 and in 2008-09 is 726.45, 530.67, 410.18, 160.834 million tk. And the growth rate is 11.09%, 17%, 21% and -4%. In vegetable product sector, India, Myanmar, Taiwan and Bangladesh exported growth rate is 22.8%, 21%, 20% and 20%.
Bangladesh
Myanmar
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2. As Bangladesh are facing poverty and we densely populated so that Bangladesh find labor at low cost as well as low production cost against the competitive countries. 3. Bangladesh is agricultural based country. We get this type of material in cheap rate. 4. We are reputed in textiles. So Brunei imports textiles from us for our reputation. 5. Raw hides and animal skins are available here because we are Muslims and most people eat cow, goat meat.
3.1 Indonesia:
Top exported products in Brunei with growth rate are given below:
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Table 1.3 Top exported products in Brunei with growth rate (Million tk.)
Product Textiles Country Mexico Germany China 2007-08 2260.28 1838.17 1056.57 1044.75 165.63 125.18 50.33 40.82 452.17 340.28 210.31 2008-09 2370.31 1917.35 958.25 953.38 179.27 160.38 65.36 91.478 490.53 360.61 250.29 Growth 13% 9% -11% -9% 8% 32% -26% 110% 18% 13% 19%
Bangladesh
Chemical UK Russia India
Bangladesh
Raw hides UAE Pakistan China
64.28 -72% Bangladesh 240.837 Source: Annual Export Receipts (2008-09) and (2006-07), Bangladesh Bank
Graph 1.3
2500 2000 1500 1000 500 0 Mexico China 2007-08 2008-09 Growth
India
UAE
Bangladesh
Russia
Bangladesh
China
UK
-500
Textiles
Chemical
Raw hides
3.2 Analysis
In case of Textiles our competitor countries Mexico, Germany, China. Their export in 2007-08 is 2260.28, 1830.25, 1056.25, and 1044.98 consecutively also include Bangladesh. Their export in
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Bangladesh
Germany
Pakistan
2008-09 is 2337.25, 1947.25, 958.14, and 953.81 consecutively also include Bangladesh. Growth rate of Mexico, Germany, and China are 13%, 9%, 11%, But Bangladesh has 9%. In case of Chemical products UK, Russia, India and Bangladesh gain their growth rate 8%, 32%, -26%, 110%. So our growth rate is optimistic In case of Raw hides UAE, Pakistan, Chinas our competitors. Their growth rate in 2008-09 is 10%, 18%, 13%, 19% but Bangladesh exports their products 1st in 2008-09
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4.1 SINGAPORE
Top exported products in Brunei with growth rate are given below:
Table 1.4 Top exported products in Brunei with growth rate (Million tk.)
Product Textiles Country China UK France 2007-08 1067.53 985.39 835.21 775.95 420.19 365.63 240.35 110.52 238.73 233.26 171.34 59.07 2008-09 1153.23 1025.45 965.53 924.68 730 514 354 190.88 432.11 343.59 239.43 82.73 Growth 12% 10% 31% 12% 67% 56% 69% 30% 55% 47% 24% 21%
Bangladesh
Iron Japan China Brazil
Bangladesh
Live animal South Africa Egypt Russia
Bangladesh Source: Annual Export Receipts (2008-09) and (2006-07), Bangladesh Bank
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Graph 1.4
1200 1000 800 600 400 200 0 South Africa 2007-08 2008-09 Growth
Japan
France
China
Bangladesh
China
Brazil
Bangladesh
Textiles
Iron
Live animal
4.2 Analysis
Increase of textiles, china exports 1067.53 in 2007-08 and increasing 1153.23 in 2008-09. But the observation of England, France and Bangladesh importing an amount are simultaneously increase 2007-08 and growth rate consecutively 12%, 10%, 3%. Increase of iron, Japan export 730 in 2008-09 and 420.19 in 2007-08. China, Brazil, and Bangladesh export 2008-09 514,354,390 and growth rate 67%,56%,69%. But 2007-08the amount of export 420,365,240,110 consecutively. In case of live animals South Africa, Egypt, Russia and Bangladesh export 432.34, 239.25, 171.59 in 2007-08 and growth rate 555, 47%, 24% and 21%.
Bangladesh
UK
Russia
Egypt
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2. Most of our people are Muslim. So our main foods are rice, vegetables, meat, beef, and fish. As a result, raw hides and animal skins are available here. 3. Bangladesh is an over populated country. Besides, our people are live below poverty line. So it is very easy to get low cost labor here. As a result, our production costs are less than other competitive country and we produce more products in a low cost. So we also more export than other competitive country. 4. We have renown in jute and textiles products in the world-wide. So we export our products to Singapore better than other competitive countries. 5. Bangladesh has two sea-ports. One is Chittagong sea-port and another is Mongla seaport. So we transport our products very easily. For this advantage we can export our products more rapidly. Here Bangladesh has an absolute advantage from those countries that have no port.
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4. Our labors are inexperienced. So they cannot produce standard products. As a result, Singapore cannot import our products hugely. 5. We are very far from Singapore. But our competitive countries are near to Singapore. So they want to import products from those countries.
5.1 THAILAND
Top exported products in Brunei with growth rate are given below:
Table 1.5 Top exported products in Brunei with growth rate
product Textiles Country China France Mexico 2007-08 390.72 275.28 215.21 192.135 350.29 270.47 140.22 109.61 117.57 90.15 55.66 25.361 2008-09 425.35 340.41 255.37 258.162 370.12 235.52 185.31 139.04 150.20 110.57 60.28 39.62
(Million tk.)
Growth 23% 28% 24% -23% 11% -14% 27% 24% 22% 28% 07% 67%
Bangladesh
Metal product Japan China UK
Bangladesh
Chemical product UK India Russia
Bangladesh Source: Annual Export Receipts (2008-09) and (2006-07), Bangladesh Bank
Graph 1.5
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China
Mexico
France
China
India
Bangladesh
Bangladesh
Russia
Textiles
Metal product
Chemical product
5.2 Analysis:
In textile, china, France, Mexico, BD exports 390.72, 275.28, 215.21, 192.13 million tk. consecutively in 2007-08. But in 2008-09, this countrys export is 425.35, 340.41, 255.37, 258.162 million tk. consecutively. From this, we can see that growth rate of China 23%, France 28%, Mexico 24%, but Bangladeshs growth rate is negative(-23%). In metal products Japan, china, UK, BD exports in 2007-08.350, 270, 17, 140.22, and 09.61 consecutively. But this countrys exports are 370.12, 235.52, 185.31, and 139.04 in 2008-09. But the growth rate of these countries 11%,-12%, 21% but BD increases their growth rate 24%. In chemical product, growth rate of UK, India, Russias growth rate is 22%, 28%, 07% BDs growth rate is 67%..
Bangladesh
Japan
4. We are famous in textiles so Thailand imports textiles from us for our reputation. 5. Actually we are Muslims and most people eat cow, goat, meat so raw hides and animals skins are available here less competitor.
1. In spite of having two internationally seaport but these con not be used properly. Immediately 2. India gets permission to use seaport. But competitive countries use their port best way. 3. Unskilled labor force and standard product is not as well as comparison our competitor. 4. Facing much cultural limitation rather than our competitors. 5. Turbulent politics, politically instability and serious energy problems faces 6. Bangladesh is faced lag behind for distance from Thailand.
6.1 Conclusion:
Export has a very significant role to play in accelerating the economic growth of any country. But by interpreting the above mentioned information and discussion, we can say that the export situation for Bangladesh in ASEAN countries is not satisfactory. Most of the times we see that the competitive position of Bangladesh in export to ASEAN countries is very low.
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The most important problem for Bangladesh is; it cannot supply the major import items for the ASEAN countries in most of the cases. It supplies only the non-major import items which are not enough to compete with the all economic giant competitors like USA, China, Singapore, Malaysia, Thailand, France, Germany, and Japan who are the major suppliers for the ASEAN countries. To overcome this problem, Bangladesh needs to be very smart in producing and exporting the products which are mainly demanded by the importers. It needs to utilize its resources with proper plan and effectiveness. It needs to reduce the system loss. And most importantly, Government has to be very strict, smart, and tricky while maintain international trade relationships.
7.1 References:
1) 2) 3) 4) 5) Annual Export Receipts (2008-09) and (2006-07), Bangladesh Bank Assignment, Prime Group, 1st batch en.wikipedia.org (accessed on 10th April, 20010 ) www.indexmundi.com(Accessed on 9th April, 2010) www.state.gov (accessed on 9th April, 2010 )
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