The document outlines the export and import process in Bangladesh, detailing key statistics and the regulatory framework for trade. It highlights the country's position in the global economy in 2022, key prohibited goods, and the requirements for importing and exporting. Additionally, it presents the government's export and import policies for 2021-2024, emphasizing diversification and targets for export growth.

1. DOING EXPORT &
IMPORT FROM A
BANGLADESHI
ASPECT
PRESENTED BY SADMAN FUAD SAKIB
ID - 167
IB-408
Export Import Process

2. PRESENTATION TAKEWAYS
OVERVIEW
WHAT DOES BANGLADESH EXPORT
& IMPORT?
01
02
03
04
WHERE DOES BANGLADESH
EXPORT TO & IMPORT FROM?
EXPORT & IMPORT PROHIBITED
GOODS IN BANGLADESH
EXPORT & IMPORT PROCESS IN
BANGLADESH
05
EXPORT & IMPORT POLICY ORDER - AT
A GLANCE
06

3. OVERVIEW
In 2022, Bangladesh was the number 34
economy in the world in terms of GDP
(current US$), the number 52 in total exports,
the number 47 in total imports, the number
136 economy in terms of GDP per capita
(current US$) and the number 100 most
complex economy according to the
Economic Complexity Index (ECI) .
Source: OEC

4. WHAT DOES BANGLADESH EXPORT? (2022)

5. WHAT DOES BANGLADESH IMPORT? (2022)

6. WHERE DOES BANGLADESH EXPORT TO?

7. WHERE DOES BANGLADESH IMPORT FROM?

8. SOME EXPORT PROHIBITED GOODS
PETROLEUM AND
PETROLEUM PRODUCTS
JUTE & SHAN SEEDS
01
02
03
04
RICE (EXCEPT AROMATIC
RICE)
FIREARMS, AMMUNITION,
RADIO-ACTIVE PRODUCTS
05
PULSE, GARLIC, ONION,
GINGER ETC
06
ARCHEOLOGICAL RELICS
07 ALL TYPES OF FROGS (ALIVE
OR DEAD, FROG LEGS
08
ALL SHRIMPS EXCEPT
CHILLED, PROCESSED OR
FROZEN ONES
09
10
HUMAN SKELETON, BLOOD
PLASMA OR ANYTHING
PRODUCED FROM HUMAN
BEINGS OR HUMAN BLOOD
CANE, WOOD, WOOD LOGS
(EXCEPT HANDICRAFTS MADE
FROM THESE MATERIALS)
Source: Export Policy 2021-2024

9. SOME NON-IMPORTABLE GOODS
MAPS, CHARTS & GLOBE
WHICH DO NOT INDICATE
TERRITORY OF
BANGLADESH
CONCENTRATED SUGAR-
SODIUM CYCLAMATE
01
02
03
PRODUCTS AND
EQUIPMENTS OF SUB-
STANDARD QUALITY
04
CHEMICALS LIKE ENDRINE,
DDT, DI-ELDRINE, MIREX,
TOXAPHEN, PCB ETC
05
06
BOOKS, MAGAZINES,
PUBLICATIONS CONTAINING
INDECENT AND SUBVERSIVE
CONTENTS
CASINO ALONG WITH
EQUIPMENTS RELATED TO
GAMBLING
08
LIVE BOAR AND PORK MEAT
07
THREE WHEELER VEHICLE
WITH TWO STROKE ENGINE,
SECOND HAND/OLD
MOTORCYCLES
Source: Import Policy Order 2021-2024

10. Shipping agents submit
manifest data electronically to
Customs.
Letter of Credit (L/C) Invoice Bill of
Lading/Airway Bill/Truck
Receipt/Railway Receipt Packing List
"Country of Origin" Certificate (except
for coal and export-oriented
garments) Insurance policy/cover
note VAT/BIN Certificate
The nominated C&F Agent or
the importer completes the
goods declaration (Bill of
Entry) and submits it through
ASYCUDA World.
Vary by goods type,
including certificates and test
reports.
Upon assessment by
Customs, importer pays
duties and taxes.
IMPORT PROCESS IN BANGLADESH
Goods are cleared after port
formalities completion.
Different procedures for samples
and specific goods.
Import of animals, plants, and
products must meet quarantine
conditions.
Auction process for unclaimed
goods
In cases of incomplete
assessment, provisional
assessment allowed with bank
guarantee.

11. Required under Section 131
of the Customs Act, 1969.
Goods can't be loaded for
export without a submitted
and approved export
declaration (Bill of
Export/Shipping Bill).
ERC for jute, jute goods, and tea.
Export permit from Bangladesh
Tea Board for tea.
Approval from Ministry of
Industries for Urea fertilizer.
NOC from Ministry of
Information for entertainment
exports.
Phytosanitary certificate for
agricultural goods.
Quality control certificate for
regulated products.
NOC from CCI&E and Bangladesh
Bank for export-cum-import.
Export L/C or alternative
export guarantee.
Commercial invoice with
detailed goods description.
Packing list with quantity,
weight, and packing info.
EXP form certified by
Authorized Dealers (ADs).
Certificate of Origin.
VAT registration certificate and
Taxpayer Identification Number
(TIN).
Additional certifications for
specific products.
Customs authority approves
declaration after
documentary check.
Physical verification of
export consignments may
occur.
Upon approval, exportable
goods are loaded into
containers and stuffed into
transportation mode.
Export is finalized once
transportation mode leaves
the port.
Customs officer signs on
the shipping bill to confirm
shipment.
At private ICDs/exporters’
premises, goods may be
checked before proceeding
to port area.
EXPORT PROCESS IN BANGLADESH

12. 01 03
02
The new export policy aims
to encourage the exploration
of new markets and
products.
It emphasizes export-led
growth and aims to
generate employment to
offset challenges induced
by the Covid-19 pandemic
The government of
Bangladesh published
the export policy for FY
2021-24 on 27th March
2022
04
The policy gives highest
priority to 14 sectors, mainly
to boost foreign-currency
earnings.
These sectors include Ready-
Made Garments (RMG), ICT
services, software, BPO, and
more. Additionally, the policy
encourages diversification
into non-RMG sectors
The government has set
an ambitious export
target of $80 billion for
the fiscal year 2024.
This target represents a
significant increase from
the previous fiscal year’s
target of $60 billion
BANGLADESH’S EXPORT POLICY (2021-2024)
- AT A GLANCE

13. 01 03
02
Import-related fees will
be announced through
gazette notifications, and
membership
requirements may be
addressed through the
newly approved Trade
Organization (TO) bill 2022
The long awaited import
policy order (IPO) was
published on April 24,
2022 through an SRO no
92-ain/2022 as per
provision of section 3(1)
of Import and Export
Control Act, 1950(Act No
XXXIX of 1950)
04
Import of raw materials and
packaging products have
been simplified, as like
BGMEA, BKMEA will be
allowed to issue Utilization
Declaration (UD) as per
entitlement, even products of
controlled items can be
imported if required for export.
It will help increase RMG and
Knit garments export.
The earlier Import Policy
(2015-2018) had nine chapters
but has been streamlined in
the current version.
Notably, chapters on fees for
import and mandatory
membership from recognized
chambers and trade
associations have been
dropped.
BANGLADESH’S IMPORT POLICY (2021-2024)
- AT A GLANCE

14. Today, Bangladesh, is the only LDC
involved in pharmaceuticals and .
Domestic production meets 98%
of the country’s needs.medicines’
manufacturing
Bangladesh needs to continue
diversifying its production structure
and exports, tackle its vulnerability
to natural disasters and reduce its
exposure to fluctuations in global
commodity markets.
Future-ready the State.
Shift the mindset in doing
business.
Modernise the policy approach.
CONCLUSION

15. THANK
YOU FOR
WATCHING!