Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 25 views

    Fashion Export Merchandising & Exim Documentation: National Institute of Fashion Technology, Hyderabad

    Uploaded by

    agga1111
    The document discusses Bangladesh's export and import industry. It provides background on Bangladesh including its population, GDP, major cities, and climate. It then outlines Bangladesh's main export commodities which are ready-made garments, frozen food, agricultural products, and leather goods. The major import goods include oil, wheat, and machinery. Key export partners are USA, EU, and India, while main import partners are China, India, and South Korea. The document concludes by noting that while Bangladesh has advantages in labor costs and exports, India has stronger ties to key markets and produces a more diverse range of goods.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Fashion Export Merchandising & Exim Documentation: National Institute of Fashion Technology, Hyderabad

    Uploaded by

    agga1111
    25 views22 pages
    The document discusses Bangladesh's export and import industry. It provides background on Bangladesh including its population, GDP, major cities, and climate. It then outlines Bangladesh's main export commodities which are ready-made garments, frozen food, agricultural products, and leather goods. The major import goods include oil, wheat, and machinery. Key export partners are USA, EU, and India, while main import partners are China, India, and South Korea. The document concludes by noting that while Bangladesh has advantages in labor costs and exports, India has stronger ties to key markets and produces a more diverse range of goods.

    Original Description:

    opp

    Original Title

    Fexm Group 3 Final-2

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses Bangladesh's export and import industry. It provides background on Bangladesh including its population, GDP, major cities, and climate. It then outlines Bangladesh's main export commodities which are ready-made garments, frozen food, agricultural products, and leather goods. The major import goods include oil, wheat, and machinery. Key export partners are USA, EU, and India, while main import partners are China, India, and South Korea. The document concludes by noting that while Bangladesh has advantages in labor costs and exports, India has stronger ties to key markets and produces a more diverse range of goods.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    25 views22 pages

    Fashion Export Merchandising & Exim Documentation: National Institute of Fashion Technology, Hyderabad

    Uploaded by

    agga1111
    The document discusses Bangladesh's export and import industry. It provides background on Bangladesh including its population, GDP, major cities, and climate. It then outlines Bangladesh's main export commodities which are ready-made garments, frozen food, agricultural products, and leather goods. The major import goods include oil, wheat, and machinery. Key export partners are USA, EU, and India, while main import partners are China, India, and South Korea. The document concludes by noting that while Bangladesh has advantages in labor costs and exports, India has stronger ties to key markets and produces a more diverse range of goods.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 22

    National Institute Of Fashion Technology, Hyderabad

    Fashion Export Merchandising & Exim


    Documentation
    OUTLINE
    INTRODUCTION
    BANGLADESH AT A GLANCE
    EXPORT-IMPORT COMMODITIES
    EXPORT IMPORT PARTNERS
    PRESENT EXPORT SCENARIO
    SWOT ANALYSIS
    RECOMMENDATIONS
    IMPORTANCE FOR INDIA IN TERMS OF EXPORTS
    CONCLUSION

    INTRODUCTION
    Bangladesh emerged as an
    independent Country in 1971.
    Bordered on India by 3 sides
    and by Myanmar on south-
    east.
    8th largest populous country in
    the world.
    Size of the country is 147570 sq.
    kilometers.
    160.4 million people with
    1.27% growth rate.
    Small country with huge HR:
    More than 64 million labor
    force.
    BANGLADESH AT A GLANCE
    Capital: Dhaka;
    Other major cities: Chittagong,
    Khulna, Sylhet, Rajshahi, Barisal
    & Rangpur
    Climate: Sub-tropical monsoon
    Temperature: Average
    maximum 35C and minimum
    21C
    Major language: Bengali,
    English is generally understood
    Adult Literacy Rate: 64% (15
    years +)
    Currency: Taka
    GDP per capita: US$
    1700(2010)
    International Air Ports :
    Dhaka. Chittagong, Sylhet
    Sea Ports : Chittagong and
    Mongla
    Investment climate: Conducive
    investment climate compared to
    other South Asian countries.
    EXPORT ~ IMPORT COMMODITIES
    Export:

    RMG (Woven & Knit)
    Frozen food (shrimp)
    Agricultural products
    Leather & leather products
    Jute goods
    Engineering goods
    Ceramics
    Home Textile
    Textile fabrics etc
    Import:
    Oil
    Edible oil
    Petroleum products
    Wheat
    Seeds
    Fertilizer
    Yarn
    Capital goods
    Machinery
    Scientific & medical
    equipments.
    EXPORT ~ IMPORT PARTNERS
    Export:

    USA
    EU
    Canada
    Turkey
    Japan
    Australia
    India
    China
    South Korea etc.
    Import:

    China
    India
    Singapore
    Japan
    Malaysia
    South Korea
    Germany
    Middle-east
    Uzbekistan etc.
    PRESENT EXPORT SCENARIO
    Bangladesh is exporting 705 products to the global market.
    Share of major export products are -
    01 RMG and knit wear 78.13%





    6 Items
    02 Jute goods 3.30%
    03 Frozen Foods 2.73%
    04 Raw Jute 1.56%
    05
    Leather & Leather
    Products
    1.54%
    06 Footwear 1.30%
    Total 88.56%
    Only 6 commodities are contributing 88.56 % to our total export earning
    where as 699 items have share of 11.44 % in our total export.
    SWOT ANALYSIS
    OF BANGLADESH
    Advantage over China, Pakistan & India
    Adequate supply of labor force of both sexes, attributed with less
    attitudes problem (less absenteeism and, aptitude for learning, and
    loyal) and high morale
    Cheaper labor cost
    Low cost of captive power generation using gas as fuel
    GSP facility up to 2015 (renewed recently)
    STRENGTHS
    Bangladesh produce mostly basic products- which are low cost items; the share of fashion
    products i.e., high value added product is very low.
    Bangladesh does not produce the basic raw materials (only a negligible quantity of cotton
    but no manufactured fiber) and as such has to depend totally on sensitive global market.
    Because of inadequate backward linkage, lead-time happens to be long, nearly 3
    months.
    Public power supply is erratic.
    Bank interest rate is still high enough, particularly of private sector bank, for investment
    of export oriented high value project.
    HRD facility, productivity and quality support, testing and accreditation support, design
    support and compliances are yet to be enhanced.
    Cost of doing business is high because of under table money
    WEAKNESSES
    Bangladesh has now a scope to go for more fashion oriented products
    deserving high price in the global market.
    With the help of further increase of productivity & quality and design
    support, Bangladesh can minimize cost and maximize profit and export
    value.
    Bangladesh, as a proven experienced RMG & Textile manufacturer, can
    expand share in the existing market (USA, EU, Australia, Canada, etc.) and
    can also explore opportunity in Japan & CIS countries.
    In the long run, Bangladesh has a scope to target huge populated countries like
    China and India- where demand as well as cost of manufacturing will be wider.
    OPPORTUNITIES
    Unless new strong market is explored in home or abroad, any non-cooperation
    from USA & EU may jeopardize the whole Bangladesh RMG export business and
    consequently the textile manufacturing.
    Sudden price hike of cotton and yarn in the global market may push
    Bangladesh to a very awkward situation to devastate the business.
    The type of labor and political anarchies of the recent days if prevails in
    the future, Bangladesh may lose the business in the way Sri Lanka has
    lost.
    Growing terrorism, or its false/amplified propaganda, is also a big threat.
    The poor political culture and violence is one of the most important threats.
    (Source: http://forum.daffodilvarsity.edu.bd/index.php?topic=5141.0)
    THREATS
    Bangladesh has to create new capacities and modernize & balance
    the existing ones.

    Encouragement of FDI from ethnic Bengalis in foreign countries
    would be one of the best options for the needed financing in
    addition to the local banks' efforts.

    Power supply has to be ensured.

    Bangladesh needs to develop capacities to provide the industries
    with a sustainable supply of resource personnel and support
    services in regard of research, design, testing & standardization,
    accreditation, compliances, etc.

    RECOMMENDATIONS:
    Bangladesh to improve its situation
    Bangladesh has to improve the port efficiency further and gear up
    domestic transportation.

    Labor crisis, labor safety, social rights and gender issues have to be
    dealt with more efficacies.

    It is important that the buyers should have a preferred access to the
    country; starting from reception on arrival to facilities such as
    hotel/rest house, tourism and recreation should be improved.
    IMPORTANCE FOR INDIA
    IN TERMS OF EXPORTS
    WEAKNESS VIEWPOINT
    India produces all types of high, mid and low cost items and the pool of
    textiles India produces almost covers every kind of need in the market.
    India happens to be a hub of textiles and raw material majorly Tirupur
    for its knits, Bhagalpur for its silk and Cotton in many states like
    Gujarat, Andhra Pradesh, Punjab, etc.
    India has been exporting since many years now, the lead times here are
    lower comparatively.
    OPPORTUNITY VIEWPOINT
    Bangladesh has now a scope to go for more fashion oriented
    products. India, being closest in terms of distance will have
    higher exports of raw material and high cost fabrics to
    Bangladesh.
    India has strong ties with US and European countries, hence,
    Bangladesh focusing on big countries shall face tough
    competition from India.
    THREAT VIEWPOINT
    If the political situation doesnt improve, Bangladesh
    shall increase imports from India, so that the labor
    doesnt face unemployment.
    West Bengal becomes the highest source of
    material and labor exchange during power and labor
    crisis.
    CONCLUSION
    India's exports have grown much faster than GDP over the past few
    decades. In the past, its exports have grown over 11% per annum
    while growth in GDP is about 5% during 1970-98 periods. Exports
    have grown even faster since 1945-95. Several factors appear to
    have contributed to this phenomenon including foreign direct
    investment (FDI)which has been rising consistently especially from
    the early 1990s.

    India and Bangladesh are in bilateral trade relationship. Whereas,
    Bangladesh has its advantages in exports, India has a major chunk
    of merits over Bangladesh in reaction to many of the threats and
    weaknesses Bangladesh has.
    REFERENCES
    1. http://forum.daffodilvarsity.edu.bd/index.php?topic=5141.0
    2. http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/
    SOUTHASIAEXT/0,,contentMDK:21177520~pagePK:146736~
    piPK:146830~theSitePK:223547,00.html
    3. http://shodhganga.inflibnet.ac.in/bitstream/10603/1169/14/
    14_chapter%207.pdf
    4. http://aida.wss.yale.edu/growth_pdf/cdp816.pdf

    THANK YOU

    You might also like