- South Asia includes the sub-Himalayan SAARC countries and some adjoining nations. It is dominated by the Indian plate and bounded by various regions.
- Regional connectivity in South Asia has been limited by factors like historical tensions, inadequate transport infrastructure, and trade restrictions.
- Intraregional trade accounts for only 5% of South Asia's total trade, compared to 25% for ASEAN nations. Non-tariff barriers make trade between neighbors more expensive.
- The document provides export-import data between Bangladesh and India from 2013-2017 to illustrate South Asia's trade patterns and opportunities for growth through improved regional cooperation and connectivity.
Costs of doing business in Thailand include taxes, labor costs, office and factory rents, utility expenses, transportation fees, and communication rates. Some key points include:
- Corporate income tax is 20% for most companies and personal income tax has progressive rates up to 35%. There are also value added and withholding taxes.
- Labor costs vary by position, with IT positions earning around 30,000-50,000 baht (US$900-1,500) monthly and translation work costing 300-500 baht (US$9-15) per word.
- Office space in Bangkok costs 638-859 (US$19-26) per square meter monthly for grade B and A buildings respectively
The document discusses Thailand's transitioning textile industry. It notes that Thailand has over 4,700 textile manufacturers employing over 500,000 people, exporting $6.45 billion worth of textiles in 2016. The industry is shifting from labor-intensive to higher value-added, technology-integrated production. Synthetic fibers like polyester are increasingly important. Functional textiles are an emerging market expected to exceed $9.3 billion by 2017. The government and Thailand Textile Institute have introduced strategies to establish Thailand as a global fashion leader by 2030 through industrial zones, research centers, and a fashion academy.
The Indian textile industry is poised for strong growth driven by robust domestic demand and export opportunities. On the domestic front, factors such as rising incomes, increasing retail penetration, favorable demographics and growing urbanization will boost textile demand. Exports are expected to increase on the back of competitive advantages including lower costs and a weaker rupee. The government is supporting the industry through policy initiatives and investment promotion.
The document summarizes trade relations between India and China over the past several decades. It notes that India was the first non-socialist country to establish trade relations with China in 1950. Bilateral trade has increased significantly since then, reaching $50 billion in 2008, with China becoming India's largest trading partner. The top sectors for Indian exports to China are cotton, copper, and ores, while the main imports from China are organic chemicals, machinery, and electrical equipment. Both countries have set a target of increasing bilateral investment to $100 billion by 2015.
The document discusses regional value chains (RVCs) in South Asia, with a focus on Pakistan's experience and challenges. It finds that political uncertainty, lack of business-to-consumer channels in the region, and domestic regulatory burdens in Pakistan prevent stronger integration into RVCs. Additionally, Pakistan lacks a foreign direct investment policy to incentivize new regional entrants in high-growth sectors. The document analyzes Pakistan's existing sectoral linkages and potential for deeper integration through food, textiles, leather and chemicals value chains. It engages investors and exporters to identify barriers and policy recommendations.
The Prospects and The Problems of Bangladesh .Wasif Mahi
The document discusses several prospects for Bangladesh's economy, including information technology, tourism, handicrafts, outsourcing, pharmaceuticals, agriculture, and mobile banking. It notes that IT, tourism, and outsourcing in particular show strong growth potential and could boost Bangladesh's economy. However, it also mentions challenges such as outdated designs hampering the handicraft industry and the need for more skilled workers and involvement of technical experts.
Costs of doing business in Thailand include taxes, labor costs, office and factory rents, utility expenses, transportation fees, and communication rates. Some key points include:
- Corporate income tax is 20% for most companies and personal income tax has progressive rates up to 35%. There are also value added and withholding taxes.
- Labor costs vary by position, with IT positions earning around 30,000-50,000 baht (US$900-1,500) monthly and translation work costing 300-500 baht (US$9-15) per word.
- Office space in Bangkok costs 638-859 (US$19-26) per square meter monthly for grade B and A buildings respectively
The document discusses Thailand's transitioning textile industry. It notes that Thailand has over 4,700 textile manufacturers employing over 500,000 people, exporting $6.45 billion worth of textiles in 2016. The industry is shifting from labor-intensive to higher value-added, technology-integrated production. Synthetic fibers like polyester are increasingly important. Functional textiles are an emerging market expected to exceed $9.3 billion by 2017. The government and Thailand Textile Institute have introduced strategies to establish Thailand as a global fashion leader by 2030 through industrial zones, research centers, and a fashion academy.
The Indian textile industry is poised for strong growth driven by robust domestic demand and export opportunities. On the domestic front, factors such as rising incomes, increasing retail penetration, favorable demographics and growing urbanization will boost textile demand. Exports are expected to increase on the back of competitive advantages including lower costs and a weaker rupee. The government is supporting the industry through policy initiatives and investment promotion.
The document summarizes trade relations between India and China over the past several decades. It notes that India was the first non-socialist country to establish trade relations with China in 1950. Bilateral trade has increased significantly since then, reaching $50 billion in 2008, with China becoming India's largest trading partner. The top sectors for Indian exports to China are cotton, copper, and ores, while the main imports from China are organic chemicals, machinery, and electrical equipment. Both countries have set a target of increasing bilateral investment to $100 billion by 2015.
The document discusses regional value chains (RVCs) in South Asia, with a focus on Pakistan's experience and challenges. It finds that political uncertainty, lack of business-to-consumer channels in the region, and domestic regulatory burdens in Pakistan prevent stronger integration into RVCs. Additionally, Pakistan lacks a foreign direct investment policy to incentivize new regional entrants in high-growth sectors. The document analyzes Pakistan's existing sectoral linkages and potential for deeper integration through food, textiles, leather and chemicals value chains. It engages investors and exporters to identify barriers and policy recommendations.
The Prospects and The Problems of Bangladesh .Wasif Mahi
The document discusses several prospects for Bangladesh's economy, including information technology, tourism, handicrafts, outsourcing, pharmaceuticals, agriculture, and mobile banking. It notes that IT, tourism, and outsourcing in particular show strong growth potential and could boost Bangladesh's economy. However, it also mentions challenges such as outdated designs hampering the handicraft industry and the need for more skilled workers and involvement of technical experts.
Textile and Ready Wear Industry in Turkey by 2014 FMC Group
Brief information on Turkish Textile and Ready Wear Industry including industry profile, Turkey's position, supply, foreign trade, major companies and market outlook
Presentation on regional connectivity of asiaMilton Kumar
This presentation describes the regional connectivity that connects Bangladesh with China,India and Myanmar. This was anciently known as silk road. This connectivity of course improves the economic growth in this territories.
Border Economic Zones and Development Dynamics in Thailand: A Comparative Stu...Dr.Choen Krainara
Special border economic zones in Thailand and the Greater Mekong Sub-region; Cross-border cooperation in the Greater Mekong Sub-region การพัฒนาเขตเศรษฐกิจพิเศษในประเทศไทยเชื่อมโยงกับประเทศเพื่อนบ้าน การพัฒนาเขตเศรษฐกิจพิเศษในอนุภูมิภาคลุ่มน้ำโขง
This document provides an overview of Indonesia's economy and investment opportunities. It discusses Indonesia's large population and GDP growth, its participation in trade agreements, main economic sectors, infrastructure development needs, tax policies, and challenges to investment. The Indonesian government under President Jokowi is implementing reforms and economic stimulus packages to attract investment and build infrastructure to support the growing economy.
The document outlines ASEAN's roadmap for economic integration by 2020, including the creation of an ASEAN Economic Community with free flow of goods, services, investment and capital. It discusses the AFTA agreement from 1992 that aims to promote the region as a single production unit through tariff elimination. The ultimate goal is the ASEAN Economic Community by 2020 across three pillars of cooperation. It also notes both favorable and risks of economic integration, as well as monetary and financial integration efforts like the ASEAN Surveillance Process and Chiang Mai Initiative.
This document summarizes Bangladesh's leather industry. It notes that Bangladesh currently contributes only 2% to the global leather market. The industry has potential for growth given Bangladesh's cheap labor, raw materials, and status as a Muslim country which provides a steady supply of hides and skins. The document reviews the history and current state of the industry, major export markets, and environmental concerns around tanneries being relocated outside cities. It concludes by suggesting the industry could increase exports to $5 billion annually by producing higher value leather goods.
The document provides an overview of the economy and business environment of Pakistan. It discusses Pakistan's mixed economy system, political structure, key exports and imports, foreign trade policy, fiscal policy, ease of doing business, corporate governance practices, levels of corruption, and examples of corporate social responsibility initiatives in Pakistan. The economy relies on agriculture along the Indus River and has faced challenges from political disputes and a growing population but aims to increase trade and investment through new policies.
Policy analysis on Pakistan textile sectorBadar Ullah
This document discusses Pakistan's textile industry and recommendations for its development. It notes that the textile industry accounts for 8% of GDP and employs 40% of the industrial labor force. It identifies key issues like energy crisis and lack of investment. Recommendations include modernizing machinery, building infrastructure, skills development, market access initiatives, and developing indigenous power plants in textile units. The conclusion emphasizes the importance of revamping and upgrading the textile sector given its large contribution to the economy and exports.
This document provides an overview of trade relations between Bangladesh and China. It discusses the history of diplomatic relations between the two countries, which have been allies for over 35 years. Trade is a major area of cooperation, though Bangladesh suffers from a large trade deficit with China. Other potential areas of cooperation include water resource management, renewable energy, connectivity, foreign direct investment, maritime security, and port development. Strengthening economic and trading cooperation could help reduce tensions and serve as a model for regional collaboration.
The document outlines a vision for ASEAN's economic integration by 2030, with the goal of realizing a "borderless economic community." It identifies key challenges such as reducing development gaps, boosting competitiveness, and managing natural resources. Specific policy options are proposed to strengthen macroeconomic coordination, promote equitable growth, foster innovation, and improve ASEAN's institutional framework. The overall message is that ASEAN needs bold reforms and cooperation initiatives to achieve its aspirations of a prosperous, resilient, inclusive, competitive and harmonious economic community by 2030.
Imports of pakistan & its impact on economyAyaz Masood
Pakistan imports far exceed its exports, contributing significantly to its trade deficit. Its top imports are refined petroleum, crude petroleum, palm oil, and scrap vessels from countries like the UAE, China, and Saudi Arabia. Machinery, automobiles, iron and steel, and crude oil also constitute major imports. Reducing imports and establishing domestic supply chains could help Pakistan utilize more of its natural resources to boost local industry and economic opportunities.
A Study of Impact of GST on Leather Industries in Indiaijtsrd
Leather is one of the most traded commodities in the world. The leather industry occupies a prominent place in Indian economy due to substantial export earnings. The Indian Leather industry accounts for around 12.93% of worlds leather production of hides and skins. The country ranks second in terms of footwear and leather garments production in the world and accounts for 9.57% in worlds footwear production. Shailja Singh"A Study of Impact of GST on Leather Industries in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018, URL: http://www.ijtsrd.com/papers/ijtsrd9456.pdf http://www.ijtsrd.com/management/international-business-issues/9456/a-study-of-impact-of-gst-on-leather-industries-in-india/shailja-singh
The document discusses free trade agreements (FTAs) in Southeast Asia and how they are utilized by exporters in the region. Some key points:
- Usage rates of existing FTAs among exporters in ASEAN countries like Singapore, Malaysia, Indonesia and Vietnam are surprisingly low, averaging only 26%.
- While most exporters see FTAs as important for their businesses' future success, many do not take advantage of them due to the complexity of agreement terms and lack of clarity on benefits.
- Existing FTAs have focused mainly on tariff reductions but have not significantly reduced non-tariff barriers; more comprehensive agreements are needed to truly liberalize trade.
- Exporters have high hopes that new
DBL is a Bangladeshi knitwear manufacturer and exporter. It produces high quality knitted apparel for international markets. It exports to various countries and its key export destinations include China and Africa. China is a major destination due to its large population and growing middle class. In Africa, the end of quotas in industrialized nations created opportunities for African countries to import garments. DBL aims to initially target the capital cities of countries for sales, such as Beijing in China and Cape Town in South Africa. It receives external assistance from government agencies, trade associations, and other organizations to support its international business goals.
Bangladesh’s economy has been ranked 41st among the largest economies in the world in 2019— stepping up from 43rd-place last year—according to a study published by the UK- based economic consultancy Centre for Economics and Business Research (CEBR).
Bangladesh which is 8th most populated country in the world has found herself back footed due to the burden of over population. The density of population is 1600 per kilometer tells the magnitude of the problem. The limited resources should go to meet the basic needs of the population or be used to build infrastructure which would pave the way for greater economic growth- this dilemma has put Bangladesh Government at a vulnerable position. No doubt major portion of the earnings is spent on the import of edibles. This has hindered the growth as expenditure on capital goods as well as infrastructure development suffered a lot.
Towards a Truly Seamless Single Windows _ ERIA-DP-2013-29Jonathan Koh
This document summarizes the current status of trade facilitation measures in ASEAN, including the ASEAN Single Window initiative. It reviews trade facilitation efforts in other parts of the world and makes recommendations to further enhance ASEAN trade facilitation. The document finds that while ASEAN countries have reduced tariffs through agreements like AFTA, non-tariff barriers like administrative procedures still significantly increase trade costs. "Soft" issues like documentation processing and cargo handling account for over 50% of trade time costs. The document recommends ASEAN further improve trade facilitation through initiatives like expanding the ASEAN Single Window to create a truly seamless trade environment.
Countries that participate in global and regional value chains can access larger markets and benefit from technology transfer, skills development, and economic stability. However, South Asian countries face obstacles to integrating value chains due to poor logistics services, high trade costs, and lengthy border procedures. Interviews with businesses revealed additional barriers like lack of economic corridors, border conflicts, and non-tariff measures. Strengthening value chains in South Asia will require reforms in trade facilitation, deeper regional trade agreements, and public-private cooperation.
The document summarizes Prime Minister Prayut's policy statement to the National Legislative Assembly outlining the new government's policy direction. The statement covered 11 policy areas including upholding the monarchy, national security, reducing social disparities, education, public health, the economy, Thailand's role in ASEAN, science and technology, natural resources, governance, and law and justice. The Prime Minister emphasized acting promptly to address issues like promoting royal projects, suppressing crime, resolving southern violence, helping farmers and the disabled, and overhauling healthcare. The government plans to stimulate the economy, reform energy prices, improve infrastructure, and prepare for the ASEAN Economic Community.
Textile and Ready Wear Industry in Turkey by 2014 FMC Group
Brief information on Turkish Textile and Ready Wear Industry including industry profile, Turkey's position, supply, foreign trade, major companies and market outlook
Presentation on regional connectivity of asiaMilton Kumar
This presentation describes the regional connectivity that connects Bangladesh with China,India and Myanmar. This was anciently known as silk road. This connectivity of course improves the economic growth in this territories.
Border Economic Zones and Development Dynamics in Thailand: A Comparative Stu...Dr.Choen Krainara
Special border economic zones in Thailand and the Greater Mekong Sub-region; Cross-border cooperation in the Greater Mekong Sub-region การพัฒนาเขตเศรษฐกิจพิเศษในประเทศไทยเชื่อมโยงกับประเทศเพื่อนบ้าน การพัฒนาเขตเศรษฐกิจพิเศษในอนุภูมิภาคลุ่มน้ำโขง
This document provides an overview of Indonesia's economy and investment opportunities. It discusses Indonesia's large population and GDP growth, its participation in trade agreements, main economic sectors, infrastructure development needs, tax policies, and challenges to investment. The Indonesian government under President Jokowi is implementing reforms and economic stimulus packages to attract investment and build infrastructure to support the growing economy.
The document outlines ASEAN's roadmap for economic integration by 2020, including the creation of an ASEAN Economic Community with free flow of goods, services, investment and capital. It discusses the AFTA agreement from 1992 that aims to promote the region as a single production unit through tariff elimination. The ultimate goal is the ASEAN Economic Community by 2020 across three pillars of cooperation. It also notes both favorable and risks of economic integration, as well as monetary and financial integration efforts like the ASEAN Surveillance Process and Chiang Mai Initiative.
This document summarizes Bangladesh's leather industry. It notes that Bangladesh currently contributes only 2% to the global leather market. The industry has potential for growth given Bangladesh's cheap labor, raw materials, and status as a Muslim country which provides a steady supply of hides and skins. The document reviews the history and current state of the industry, major export markets, and environmental concerns around tanneries being relocated outside cities. It concludes by suggesting the industry could increase exports to $5 billion annually by producing higher value leather goods.
The document provides an overview of the economy and business environment of Pakistan. It discusses Pakistan's mixed economy system, political structure, key exports and imports, foreign trade policy, fiscal policy, ease of doing business, corporate governance practices, levels of corruption, and examples of corporate social responsibility initiatives in Pakistan. The economy relies on agriculture along the Indus River and has faced challenges from political disputes and a growing population but aims to increase trade and investment through new policies.
Policy analysis on Pakistan textile sectorBadar Ullah
This document discusses Pakistan's textile industry and recommendations for its development. It notes that the textile industry accounts for 8% of GDP and employs 40% of the industrial labor force. It identifies key issues like energy crisis and lack of investment. Recommendations include modernizing machinery, building infrastructure, skills development, market access initiatives, and developing indigenous power plants in textile units. The conclusion emphasizes the importance of revamping and upgrading the textile sector given its large contribution to the economy and exports.
This document provides an overview of trade relations between Bangladesh and China. It discusses the history of diplomatic relations between the two countries, which have been allies for over 35 years. Trade is a major area of cooperation, though Bangladesh suffers from a large trade deficit with China. Other potential areas of cooperation include water resource management, renewable energy, connectivity, foreign direct investment, maritime security, and port development. Strengthening economic and trading cooperation could help reduce tensions and serve as a model for regional collaboration.
The document outlines a vision for ASEAN's economic integration by 2030, with the goal of realizing a "borderless economic community." It identifies key challenges such as reducing development gaps, boosting competitiveness, and managing natural resources. Specific policy options are proposed to strengthen macroeconomic coordination, promote equitable growth, foster innovation, and improve ASEAN's institutional framework. The overall message is that ASEAN needs bold reforms and cooperation initiatives to achieve its aspirations of a prosperous, resilient, inclusive, competitive and harmonious economic community by 2030.
Imports of pakistan & its impact on economyAyaz Masood
Pakistan imports far exceed its exports, contributing significantly to its trade deficit. Its top imports are refined petroleum, crude petroleum, palm oil, and scrap vessels from countries like the UAE, China, and Saudi Arabia. Machinery, automobiles, iron and steel, and crude oil also constitute major imports. Reducing imports and establishing domestic supply chains could help Pakistan utilize more of its natural resources to boost local industry and economic opportunities.
A Study of Impact of GST on Leather Industries in Indiaijtsrd
Leather is one of the most traded commodities in the world. The leather industry occupies a prominent place in Indian economy due to substantial export earnings. The Indian Leather industry accounts for around 12.93% of worlds leather production of hides and skins. The country ranks second in terms of footwear and leather garments production in the world and accounts for 9.57% in worlds footwear production. Shailja Singh"A Study of Impact of GST on Leather Industries in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018, URL: http://www.ijtsrd.com/papers/ijtsrd9456.pdf http://www.ijtsrd.com/management/international-business-issues/9456/a-study-of-impact-of-gst-on-leather-industries-in-india/shailja-singh
The document discusses free trade agreements (FTAs) in Southeast Asia and how they are utilized by exporters in the region. Some key points:
- Usage rates of existing FTAs among exporters in ASEAN countries like Singapore, Malaysia, Indonesia and Vietnam are surprisingly low, averaging only 26%.
- While most exporters see FTAs as important for their businesses' future success, many do not take advantage of them due to the complexity of agreement terms and lack of clarity on benefits.
- Existing FTAs have focused mainly on tariff reductions but have not significantly reduced non-tariff barriers; more comprehensive agreements are needed to truly liberalize trade.
- Exporters have high hopes that new
DBL is a Bangladeshi knitwear manufacturer and exporter. It produces high quality knitted apparel for international markets. It exports to various countries and its key export destinations include China and Africa. China is a major destination due to its large population and growing middle class. In Africa, the end of quotas in industrialized nations created opportunities for African countries to import garments. DBL aims to initially target the capital cities of countries for sales, such as Beijing in China and Cape Town in South Africa. It receives external assistance from government agencies, trade associations, and other organizations to support its international business goals.
Bangladesh’s economy has been ranked 41st among the largest economies in the world in 2019— stepping up from 43rd-place last year—according to a study published by the UK- based economic consultancy Centre for Economics and Business Research (CEBR).
Bangladesh which is 8th most populated country in the world has found herself back footed due to the burden of over population. The density of population is 1600 per kilometer tells the magnitude of the problem. The limited resources should go to meet the basic needs of the population or be used to build infrastructure which would pave the way for greater economic growth- this dilemma has put Bangladesh Government at a vulnerable position. No doubt major portion of the earnings is spent on the import of edibles. This has hindered the growth as expenditure on capital goods as well as infrastructure development suffered a lot.
Towards a Truly Seamless Single Windows _ ERIA-DP-2013-29Jonathan Koh
This document summarizes the current status of trade facilitation measures in ASEAN, including the ASEAN Single Window initiative. It reviews trade facilitation efforts in other parts of the world and makes recommendations to further enhance ASEAN trade facilitation. The document finds that while ASEAN countries have reduced tariffs through agreements like AFTA, non-tariff barriers like administrative procedures still significantly increase trade costs. "Soft" issues like documentation processing and cargo handling account for over 50% of trade time costs. The document recommends ASEAN further improve trade facilitation through initiatives like expanding the ASEAN Single Window to create a truly seamless trade environment.
Countries that participate in global and regional value chains can access larger markets and benefit from technology transfer, skills development, and economic stability. However, South Asian countries face obstacles to integrating value chains due to poor logistics services, high trade costs, and lengthy border procedures. Interviews with businesses revealed additional barriers like lack of economic corridors, border conflicts, and non-tariff measures. Strengthening value chains in South Asia will require reforms in trade facilitation, deeper regional trade agreements, and public-private cooperation.
The document summarizes Prime Minister Prayut's policy statement to the National Legislative Assembly outlining the new government's policy direction. The statement covered 11 policy areas including upholding the monarchy, national security, reducing social disparities, education, public health, the economy, Thailand's role in ASEAN, science and technology, natural resources, governance, and law and justice. The Prime Minister emphasized acting promptly to address issues like promoting royal projects, suppressing crime, resolving southern violence, helping farmers and the disabled, and overhauling healthcare. The government plans to stimulate the economy, reform energy prices, improve infrastructure, and prepare for the ASEAN Economic Community.
The document discusses Thailand's ranking in the World Bank's Ease of Doing Business report. Thailand improved its ranking to 26th in 2015. It remains third among ASEAN countries for its business friendly environment. The report measures how close countries' business regulations are to best practices. Thailand improved in construction permits and maintained strong rankings in getting electricity, registering property, and enforcing contracts. The BOI continues to promote Thailand's business environment and service industry.
THE IMPACT OF INTERNATIONAL TRADE DISCLOSURE IN THE SERVICE SECTOR ON ASEAN E...AJHSSR Journal
ABSTRACT : The service sector can be a driving force for the economy of a country by relying on human
resources owned by that country or from other countries. For example, countries that are members of ASEAN
can take advantage of the service sector to improve their economy by relying on the human resources of each
country and the human resources of the countries that are members of ASEAN. This research was conducted on
10 ASEAN members, namely Brunei Darrussalam, the Philippines, Indonesia, Cambodia, Laos, Malaysia,
Myanmar, Singapore, Thailand, and Vietnam. The type of data used is quantitative data in the form of secondary
data. Data collection is done through records or reports from relevant sources or agencies.
Keywords:export, import, GDP
The document discusses the progress and goals of the ASEAN Economic Community (AEC). Key points:
- The AEC aims to create a single market and production base within ASEAN through initiatives like reducing tariffs, liberalizing trade in goods and services, and facilitating investment and skilled labor mobility.
- Significant progress has been made towards achieving the four pillars of the AEC: creating a single market, competitive economic region, equitable economic development, and greater global economic integration.
- Key accomplishments include eliminating over 99% of tariffs, liberalizing over 80 service sectors, establishing frameworks for investment and competition policy, and connecting infrastructure like power grids and highways.
- Future goals include fully implementing initiatives like the
Regional Integration in South Asia by Trio94Avinno Faruk
First year presentation at Department of Economics, University of Dhaka.
Topic Regional Integration in South Asia
Team: Trio94
Members (In order of appearance): Naowar Mohiuddin, Avinno Faruk, and Sadman Shafiq.
We uploaded the text heavy version since a live presentation is not possible on Slide Share. There was a slide limit of 18 but we included a credit slide for resources and a solution slide was later added since we took down the subsection intros.
Bibliography can be provided on request: avinnofaruk@gmail.com
The document discusses regional value chains (RVCs) in South Asia, with a focus on Pakistan's experience and challenges. It finds that political uncertainty, lack of business-to-consumer channels in the region, and domestic regulatory burdens in Pakistan prevent stronger integration into RVCs. Additionally, Pakistan lacks a foreign direct investment policy to incentivize new regional entrants in high-growth sectors. The document analyzes Pakistan's existing sectoral linkages and potential for deeper integration through food, textiles, leather and chemicals value chains. It engages investors and exporters to identify barriers and recommend policy solutions.
The document summarizes the Association of Southeast Asian Nations (ASEAN) which was established in 1967 and has 10 member countries. It describes ASEAN's establishment of a free trade area through reducing tariffs and eliminating non-tariff barriers to promote regional economic integration and create a single market of 500 million people. By 2002, tariffs had been reduced to 5% or less for most goods traded within ASEAN countries. The free trade area aims to eliminate all import duties by 2010-2015.
The document provides information about the Association of Southeast Asian Nations (ASEAN), including its establishment, membership, goals, challenges, and opportunities. Some key points:
- ASEAN was established in 1967 by 5 countries and now has 10 member countries.
- Its goals include accelerating economic growth, promoting regional peace and stability, and fostering cooperation across member states.
- Challenges have included the Asian financial crisis, haze pollution from forest fires, and conflicts like in Cambodia.
- Opportunities include a growing market of over 600 million people that is projected to become a $4 trillion economy by 2025 across diverse industries and sectors.
The document summarizes Thailand's new investment promotion policy that will take effect in January 2015. The key points are:
- The policy aims to promote investment in R&D, innovation, value-added goods and knowledge-based sectors to help Thailand transition to a knowledge economy and overcome the middle-income trap.
- Major incentives include corporate income tax exemptions of up to 8 years for certain promoted activities, exemption of import duties on machinery and raw materials, and other non-tax incentives.
- Promoted activities are classified into groups that qualify for different levels of tax and non-tax incentives, with the most beneficial incentives going to activities that enhance national competitiveness.
The document summarizes the current state of Bangladesh's economy, prospects for future growth, and challenges. It notes that Bangladesh has experienced steady GDP growth of around 6% annually in recent years. While the economy faces infrastructure and political stability challenges, it also has a young workforce, growing exports, and opportunities in sectors like pharmaceuticals and shipbuilding. The document argues that Bangladesh has the potential to become a middle income country by 2021 and one of the 30 largest economies by 2030 if it addresses challenges through public-private partnerships and other solutions.
The presentation highlights the status of Bangladesh economy, its challenges and prospects in future. Current scenario of Bangladesh economy along with the investment perspective of the country has been highlighted in a well manner.
The Association of Southeast Asian Nations (ASEAN) was established in 1967 by Indonesia, Malaysia, Philippines, Singapore, and Thailand. It has since expanded to include 10 member countries and aims to accelerate economic growth, social progress, and cultural development while maintaining regional peace and stability. ASEAN faces challenges such as financial crises, transboundary haze pollution, and disputes but has taken steps like the ASEAN Surveillance Process and ASEAN+3 Financial Cooperation to prevent future crises and foster cooperation. ASEAN also presents many opportunities for economic growth and development across member countries in the coming years.
The document discusses Thailand's growing role as a key logistics hub in ASEAN. It notes that Thailand has extensive multimodal transport networks and its central location has made it a manufacturing powerhouse able to meet rising regional demand for cross-border logistics. The development of economic corridors and emphasis on infrastructure is improving connectivity. The Thai government supports expanding Thailand's logistics systems through incentives and the Master Plan on ASEAN Connectivity aims to further regional transport facilitation. Thailand's strategic location and efforts to decrease logistics costs position it to emerge as a major ASEAN logistics center.
This document provides recommendations on various areas of regional cooperation in South Asia, based on a summit held in Islamabad from September 11-13, 2012. It discusses recommendations in the following areas:
1. Regional trade, including fully implementing the South Asian Free Trade Agreement (SAFTA) and reducing non-tariff barriers.
2. Food security, such as rationalizing the SAARC Food Bank and increasing stock levels.
3. Energy security, including developing cross-border electricity trade and infrastructure like pipelines.
4. Regional agriculture trade, by further reducing tariffs and capitalizing on countries' comparative advantages.
5. Water cooperation, with outstanding issues around sharing water from trans-
The document summarizes key aspects of ASEAN economic integration, including:
1) ASEAN aims to establish a single market and production base by 2015 through free flow of goods, services, capital and labor. This will make ASEAN economies more dynamic and competitive.
2) There are four pillars to ASEAN integration - competitive economic region, equitable development, and integration into the global economy. The focus is on creating a single market.
3) Integration will increase competitiveness and attract investment, helping to narrow development gaps and improve resilience against external shocks. It will benefit the 600 million people across the 10 ASEAN countries.
The document discusses two regional economic integration agreements - SAFTA and BIMSTEC. SAFTA aims to gradually eliminate tariffs and trade barriers between Bangladesh, Bhutan, India, Nepal, Pakistan, Sri Lanka and Afghanistan. Its objectives are to promote trade, fair competition, equitable benefits and further regional cooperation. BIMSTEC involves countries in South Asia and Southeast Asia working together across 13 sectors. Its goals are rapid economic development, social progress, training/research cooperation and making best use of synergies between member states.
The role of archipelagic countries in asean logistics finalTogar Simatupang
This study is focused on Indonesia based on secondary data and interviews that attempt to address the issues of archipelagic countries in supporting ASEAN logistics connectivity. A key finding shows the concept of archipelagic logistics chain is needed to link logistics capability to economic and social development that contribute to a sustainable economic growth.
The BCIM (Bangladesh, China, India and Myanmar) corridor is perceived to have a potential to generate substantive economic benefits in the area of trade, investment, energy, transport and tourism. The corridor offers a wide range of opportunities for growth and development in the region. The BCIM forum is a long term mechanism aiming to enhance the economic cooperation in business communities and enterprises of the four BCIM regions.
It is therefore vital to build a platform to realize business exchanges and help enterprises to make closer communication exchanges. The May 2014 edition of the Multilateral Newsletter explores the opportunities and the prospective areas which can act as a catalyst leading to positive growth in terms of trade and investment in the BCIM region. In addition, the newsletter gives an update of the major highlights from the Asian Development Bank, The World Bank, International Trade Center, World Trade Organization and groupings like B20 and OECD.
Similar to Bangladesh’s Trade with South Asian countries (20)
Unilever is an Anglo-Dutch multinational consumer goods company formed in 1930. It owns many of the world's top brands in foods, beverages, cleaning agents, and personal care products. Unilever began operations in Bangladesh in 1964 and now has over 10,000 employees in the country. It manufactures products in Chittagong and its brands are used in over 90% of Bangladeshi households. The company offers competitive salaries and benefits for employees and seeks fresh graduates, experienced specialists, and skilled workers.
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Bangladesh’s Trade with South Asian countries
1. 3
Introduction
South Asia, or Southern Asia, is the southern region of the Asian continent, which comprises
the sub-Himalayan SAARC countries and, for some authorities, adjoining countries to the west
and east. Topographically, it is dominated by the Indian Plate, which rises above sea
level as Nepal and northern parts of India situated south of the Himalayas and the Hindu Kush.
South Asia is bounded on the south by the Indian Ocean and on land (clockwise, from west)
by West Asia, Central Asia, East Asia, and Southeast Asia.
Regional Connectivity
South Asia is one of the most dynamic regions in the world, with 1.7 billion people and 7.1 percent
economic growth over the past decade. It is also one of the least integrated regions. Historical
political tensions, security concerns, and cross-border conflicts have slowed connectivity
among Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation
organization in the region which was established in 1985 and includes all eight nations comprising
South Asia.
Trade
South Asia's growing economy helped pull many people out of deep poverty during the past
decade. Economic growth could be even larger -- if regional connectivity is improved to make it
cheaper and easier for businesses to sell products. Intraregional trade among the eight nations
accounts for barely 5 percent of South Asia’s total trade, compared to 25 percent in ASEAN.
Border and regulatory challenges means it is about 20 percent cheaper for a company in India to
trade with Brazil instead of neighboring Pakistan.
Trade among South Asian countries has been limited by many things, especially inadequate road,
marine, and air transport; customs inefficiencies; and restrictions on investments. Less obvious
2. 4
factors include historical political tensions, security concerns, and skepticism based on
misinformation and previous failures in regional cooperation.
Trading Scenario of South Asia
The world trading system has become increasingly open textured over the last few decades. The
triggering factors for this have been the reduction of tariff rates and elimination of quantitative
restrictions. South Asia is looking to attain the goal of customs union and economic union by 2020.
Despite their suitable geographical position, South Asian countries fail to perform according to
their trade potentials. One of the vitiating factors is the lack of regional transit trade unlike
European countries. Nonetheless, partial transit exits between Afghanistan, Bhutan and Nepal.
South Asian countries are incorporating various regional transit agreements and reducing regional
and multilateral trade transportation costs in order to integrate regional connectivity. Bangladesh
is a beneficiary of the Article V of the GATT because of its potential to offer transit to
neighbouring landlocked countries. Nepal and Bhutan are dependent on Indian seaports for export
and import, whereas Afghanistan relies heavily on Pakistani ports. When a twenty-foot container
transported from Delhi to Dhaka reaches Chattogram through Mumbai, Colombo or Singapore, it
costs $2,500 and has to cover some distance by railways from Chittagong to Dhaka. Furthermore,
it takes around 30-35 days. On the other hand, if the same container directly reaches Dhaka by rail,
it will take only 4-5 days and the cost will be only $850. In 2005, a Saarc Regional Multimodal
Transport Study of Asian Development Bank suggests that a decrease of 10 percent transaction
costs may facilitate around 3 percent of exports of a region. Goods from Agartala and Tripura to
India must travel 1,645km through the Kolkata port to reach Chattogram. However, the direct
distance between Agartala and Chattogram is only 75km. Similarly, tea from Assam must travel
1,400km to reach the Kolkata port. Creating direct transportation facilities would reduce travel to
around 400km between Kolkata and Bangladesh.
Bangladesh is working to ensure seamless connectivity among India, Nepal, Bhutan and Myanmar.
It made available two airports in the north of the country for Bhutan and is working to intensify
shipping linkages with Sri Lanka. Although there are many individual bilateral trade agreements
and transit agreements, there is no unified broader regional transport and transit arrangement for
3. 5
cross-border movement of goods and vehicles. To have an integrated framework for trading and
ensure smooth movement of goods, there is no alternative to establishing a nationwide single
window system. Such a scheme will operate as an integrated hub and facilitate the importers,
exporters and all facilities relating to goods in transit. Moreover, it will provide a unified electronic
gateway for information exchange and streamline the entire process. Such schemes shall accelerate
revenue collection and improve trade compliances, transparency and accountability. It will also
help maintain improved coordination among customs and other government agencies, banks, trade
bodies, export promotion councils and insurance companies. For coordination of border
management and inland locations, it is necessary to provide facilities for examination of goods,
stuffing and sealing of containers in the inland container depots under the supervision of customs
and border agencies. Encouraging import clearance in inland locations can impose customs
control. Border haats and special economic zones need further encouragement to develop the
economy of the border area. This will act as the bridge connecting trade corridors in a manner that
they form part of the seamless web of connectivity between the people. There has to be regional
coordination for monitoring the performances. Policies need revision in light of changing global
environment and regional trade. This will significantly improve competitiveness within the region.
The development of the regional trade shall heavily rely upon evolution of corridor services,
introducing new performance standards and implementation of policies both at national and
regional levels. Transit is as important as trade liberalization. It plays an important role both in the
national and regional economies. There is no alternative to the seamless movement of the goods
within the region to reduce transaction costs and time. The countries should design and develop
regional transit agreements in addition to the existing bilateral arrangements to improve the
situation and facilitate free trade.
Main Tradable Goods in South Asia
Textiles Clothing Stone
Animals Vegetables Leather
Chemicals Plastics Transportation
Metal Food products Footwear
4. 6
Export-Import data with South Asian countries
Here 5 years Export-Import data are provided. Most of the cases data are from 2013-2017. In case
of Bhutan, Afghanistan & Nepal some older data are provided as recent data was not available.
Bangladesh’s Export-Import with India in 2017
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product Share (%)
All Products 591575.73 7210099.52 100 100
Capital goods 25361.06 1618503.52 4.29 22.45
Consumer goods 263378.7 1413971.05 44.52 19.61
Intermediate goods 175564.95 3108277.69 29.68 43.11
Raw materials 124803.31 1027591.08 21.1 14.25
Animal 13474.28 31218.87 2.28 0.43
Chemicals 13259.19 686935.31 2.24 9.53
Food Products 18052.33 290512.73 3.05 4.03
Footwear 10475.16 26004.16 1.77 0.36
Fuels 21123.08 382604.92 3.57 5.31
Hides and Skins 15352.29 14464.16 2.6 0.2
Mach and Elec 10052.67 799925.44 1.7 11.09
Metals 80333.34 597951.7 13.58 8.29
Minerals 20391.26 114666.34 3.45 1.59
Miscellaneous 4335.73 86915.97 0.73 1.21
Plastic or Rubber 12251.38 298507.87 2.07 4.14
Stone and Glass 2212.17 27154.73 0.37 0.38
Textiles and Clothing 336858.98 2259789.32 56.94 31.34
Transportation 17263.27 963786.46 2.92 13.37
Vegetable 9680.02 568887.76 1.64 7.89
Wood 6460.59 60773.78 1.09 0.84
Bangladesh’s Export-Import with India in 2016
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product Share (%)
All Products 677098.05 5668792.84 100 100
Capital goods 24120.52 1291212.04 3.56 22.78
Consumer goods 358047.15 783224.89 52.88 13.82
6. 8
Stone and Glass 1825.83 27119.98 0.35 0.46
Textiles and Clothing 327114.96 1944590.24 63.16 33.06
Transportation 5836.63 524358.42 1.13 8.91
Vegetable 33490.13 980545.93 6.47 16.67
Wood 2813.56 38519.44 0.54 0.65
Bangladesh’s Export-Import with India in 2014
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product Share (%)
All Products 517279.11 6255234.93 100 100
Capital goods 8009.83 989436.03 1.55 15.82
Consumer goods 237645.69 1090423.36 45.94 17.43
Intermediate goods 105667.66 2664380.58 20.43 42.59
Raw materials 165881.48 1510814.68 32.07 24.15
Animal 20993.38 118040.44 4.06 1.89
Chemicals 8328.22 547534.71 1.61 8.75
Food Products 15240.01 287342.17 2.95 4.59
Footwear 7270.49 5155.82 1.41 0.08
Fuels 4.57 181048.42 0 2.89
Hides and Skins 17335.27 14522.89 3.35 0.23
Mach and Elec 8486.23 488713.39 1.64 7.81
Metals 43594.65 381870.87 8.43 6.1
Minerals 23847.38 106070.31 4.61 1.7
Miscellaneous 1157.49 76848.42 0.22 1.23
Plastic or Rubber 15901.24 229934.99 3.07 3.68
Stone and Glass 1634.99 25257.54 0.32 0.4
Textiles and Clothing 268122.06 2085376.42 51.83 33.34
Transportation 6429.61 630317.25 1.24 10.08
Vegetable 77386.55 1036903.28 14.96 16.58
Wood 1546.97 40298.01 0.3 0.64
Bangladesh’s Export-Import with India in 2013
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product Share (%)
All Products 383144.18 3918452.21 100 100
Capital goods 7354.12 681143.32 1.92 17.38
Consumer goods 195935.95 556022.9 51.14 14.19
7. 9
Intermediate goods 52394.87 1814433.6 13.68 46.3
Raw materials 127438.41 866826.05 33.26 22.12
Animal 6245.3 74116.66 1.63 1.89
Chemicals 6512.65 455745.62 1.7 11.63
Food Products 9032.28 87695 2.36 2.24
Footwear 3577.11 6263.27 0.93 0.16
Fuels 19056.06 13743.96 4.97 0.35
Hides and Skins 6789.4 7735.21 1.77 0.2
Mach and Elec 6585.42 379769.03 1.72 9.69
Metals 31104.41 293959.46 8.12 7.5
Minerals 3.41 30210.01 0 0.77
Miscellaneous 771.53 70201.91 0.2 1.79
Plastic or Rubber 3124.91 193419.58 0.82 4.94
Stone and Glass 645.17 21881.12 0.17 0.56
Textiles and Clothing 231234.25 1532487.06 60.35 39.11
Transportation 3921.73 366648.67 1.02 9.36
Vegetable 52891.15 343475.12 13.8 8.77
Wood 1649.39 41100.53 0.43 1.05
Here in the scenarios in each year in export-import Bangladesh always lag behind from India.
India’s export to Bangladesh is increasing every year where Bangladesh cannot increase its export
item as like as India. Gap in trade between two countries increased every year. Trade deficit of
Bangladesh is so much high.
11. 13
Mach and Elec 241.01 10810.1 0.41 1.71
Metals 327.68 964.87 0.56 0.15
Minerals 0 831.3 0.13
Miscellaneous 1923.01 1543.46 3.29 0.24
Plastic or Rubber 405.94 21136.41 0.69 3.34
Stone and Glass 44.53 531.84 0.08 0.08
Textiles and Clothing 48739.09 559486.37 83.41 88.46
Transportation 59.13 3878.2 0.1 0.61
Vegetable 1386.89 9154.57 2.37 1.45
Wood 299.55 695.54 0.51 0.11
Trade between Bangladesh and Pakistan has some significance. Bangladesh Export is always
lower than the Import in these 5 years. Pakistan’s export scenario is better than Bangladesh. Here,
we see trade deficit in Bangladesh with Pakistan.
15. 17
Mach and Elec 2618.59 7746.82 11.51 8
Metals 785.1 5362.25 3.45 5.53
Minerals 0 278.38 0.29
Miscellaneous 45.17 2450.87 0.2 2.53
Plastic or Rubber 869.94 2991.82 3.82 3.09
Stone and Glass 0.3 158.09 0 0.16
Textiles and Clothing 8611.54 60225.48 37.86 62.16
Transportation 389.59 2899.59 1.71 2.99
Vegetable 1708.16 2276.14 7.51 2.35
Wood 808.25 2056.4 3.55 2.12
In export-import scenario import ratio of Bangladesh is higher. Bangladesh import Intermediate
and consumer goods in large scale from Sri Lanka. But after 2014 export of consumer goods has
been changed. Consumer goods export from Bangladesh to Sri Lanka increased. Export import
ratio for consumer goods between two countries very little. Both countries depend on each other
for consumer goods. Here, we also found Trade deficit from Bangladesh’s perspective.
19. 21
Metals 37.04 0 0.23
Miscellaneous 1134.57 0 7.06
Plastic or Rubber 110.47 53.75 0.69 0.31
Stone and Glass 1.05 0 0.01
Textiles and Clothing 6651 118.12 41.41 0.69
Transportation 0.03 0 0
Vegetable 46.28 15944.8 0.29 93.42
Wood 32.14 139.69 0.2 0.82
All Products 16060.22 17067.17 100 100
.
Export-import scenario between Bangladesh and Nepal shows that Bangladesh holds the trade
surplus position. Bangladesh exports chemicals, food products, mechanical and electric products
to Nepal in high amount. On the other hand Bangladesh imports vegetables from Nepal in
significant amount
23. 25
There was no import from Maldives towards Bangladesh till 2014. After 2014, Bangladesh starts
to import some intermediate and consumer goods from Maldives. In a contrary, Bangladesh
exports various products to Maldives. Bangladesh exports food items to Maldives in high amount
rather than any other goods. Bangladesh has trade surplus in this transaction.
Bangladesh’s Export-Import with Afghanistan 2016
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product
Share (%)
All Products 2929.68 177.19 100 100
Capital goods 156.5 0 5.34
Consumer goods 31.84 133.44 1.09 75.31
Intermediate goods 1247.55 0 42.58
Raw materials 6.2 43.75 0.21 24.69
Chemicals 1225.67 0 41.84
Food Products 22.62 0 0.77
Metals 0.69 0 0.02
Miscellaneous 156.5 0 5.34
Vegetable 6.2 133.44 0.21 75.31
Wood 30.41 0 1.04
25. 27
Bangladesh’s Export-Import with Afghanistan 2011
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product
Share (%)
All Products 3612.69 1834.47 100 100
Capital goods 0 0.1 0.01
Consumer goods 3602.16 1560.28 99.71 85.05
Raw materials 0 274.1 14.94
Mach and Elec 0 0.1 0.01
Miscellaneous 0 5.21 0.28
Vegetable 3.67 1829.17 0.1 99.71
Export-Import relation between Bangladesh and Afghanistan is not significant. As a war-torn
country Afghanistan does not reach that level to perform export-import with other countries.
Though Bangladesh export consumer and intermediate goods to Afganistan in a little scale. Trae
surplus is measured from Bangladesh perspective.
27. 29
Food Products 0 0.47 100
Bangladesh’s Export-Import with Bhutan 2008
Product Group Export (US$
Thousand)
Import (US$
Thousand)
Export Product
Share (%)
Import Product
Share (%)
All Products 0 19.34 100
Capital goods 0 10.59 54.79
Consumer goods 0 6.92 35.78
Raw materials 0 1.82 9.43
Food Products 0 0.76 3.93
Mach and Elec 0 10.59 54.79
Textiles and Clothing 0 6.16 31.86
Vegetable 0 1.82 9.43
We have very little information about trade between Bangladesh and Bhutan. In the graph, we see
Bangladesh import a lot of various goods from Bhutan in 2015. In the year 2015 Bangladesh
imported minerals and vegetables from Bhutan in significant amount. And Bangladesh exported
food items to Bhutan. On the previous years there were nearly zero amount of exports to Bhutan.
28. 30
Bangladesh’s Product wise Export-Import with South Asian Countries
Here we have showed how the product wise export import occurred, which product is large in
number in case of export & which one in case of import. As the export-import between Bangladesh
& India is greater than rest of the other nations in South Asia, we showed 5-years product wise
export import in case of India. There are some limitations for us here. Basically it is too tough to
match each and every product as well as matching rows-columns in Excel to calculate 5-years
product wise export import. Except India we have showed the product wise scenario for other 7
countries for last year only.
Bangladesh’s Product wise Export with India (2013-2017)
0
200000
400000
600000
800000
1000000
1200000
1400000
1600000
1800000
Total Export (US$ Thousand)
29. 31
Bangladesh’s Product wise Import with India (2013-2017)
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
8000000
9000000
10000000
Total Import(US$ Thousand)
36. 38
Total Export scenario with south Asian countries
(2013-2017)
*Maldives, Afghanistan, Bhutan (Some data are unavailable, so old data are used for these
countries)
India Pakistan Sri
Lanka
Nepal Maldives Afghanistan Bhutan
2017 7210099.52 71890.52 43575.54 38889.61
2016 677098.05 48598.02 29351.16 47173.32 3127.43 2929.68
2015 517890.71 47742.96 25985.94 24799.95 2407.84 3235.22 2441.97
2014 517279.11 60696.85 26060.78 23954.66 1819.54 5.75
2013 383144.18 58433.52 22746.81 16060.22 150.78 3475.73
2012 1353.33 3998.34
2011 3612.69
2010 1.2
2009 5.79
2008 0
Total 9305511.57 287361.87 147720.23 150877.8 8858.92 17251.66 2454.71
37. 39
Total Import scenario with south Asian countries
(2013-2017)
*Maldives, Afghanistan, Bhutan (Some data are unavailable, so old data are used for these
countries)
India Pakistan Sri
Lanka
Nepal Maldives Afghanistan Bhutan
2017 7210099.52 646403.94 125060.48 9776.08
2016 5668792.84 656160.3 118865.81 12922 284.89 177.19
2015 5882080.04 777573.21 112572.79 6834.1 115.98 618.7 39968.87
2014 6255234.93 687640.88 107960.03 18635.89 0 0.06
2013 3918452.21 632507.78 96884.03 17067.17 0 667.42
2012 0 55.36
2011 1834.47
2010 1.09
2009 0.47
2008 19.34
Total
28934659.54 3400286.11 561343.14 65235.24 400.87 3353.14
39989.83
38. 40
Findings
Bangladesh has huge trade gap with India & Pakistan
Bangladesh’s Export product base is low. It’s mainly dependent on Clothing & Textiles.
Bangladesh’s Trade volume is not that much high with Bhutan, Nepal, Maldives &
Afghanistan. So there is more opportunity to increase trade with these regional countries.
Bangladesh export vegetable to almost all south Asian countries. Though the volume is not
that high. As an agriculture friendly country Bangladesh has huge opportunity in this
sector.
Data source
1. https://wits.worldbank.org
2. https://www.wikipedia.org