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Balance of payment of Bangladesh(last 5 years scenario)

a. For export
1. Export portfolio
2. To which country bd exports the most
3. What govt. support is provided for making export easier
4. Trends ( which product is increasing, which product is declining)

9. Relation of Bangladesh with international institutions- IMF, World Bank, WTO.


10. Read case studies and incidents
11. How does WTO facilitates Bangladesh

12. Remittance trend in Bangladesh (last 5 years)/


13. determinants of remittance in BD??
14. Remittance inflow depending on the countries the remittance comes from.

1-4: Mustafid

5-8: Abrar

9-11: Sameem

12-14: Shahriar

b. For Import
5. import portfolio
6. From which country imports are most
7. The tariffs and trade restrictions govt. Provides to discourage import
8. Trends(which product import is increasing/decreasing)

Import categories:
1. Machinery including computers: US$5.3 billion (13.1% of total imports)
2. Cotton: $4.6 billion (11.3%)
3. Electrical machinery, equipment: $3.1 billion (7.6%)
4. Iron, steel: $2 billion (5%)
5. Mineral fuels including oil: $2 billion (5%)
6. Plastics, plastic articles: $1.8 billion (4.5%)
7. Vehicles : $1.7 billion (4.1%)
8. Manmade staple fibers: $1.5 billion (3.7%)
9. Animal/vegetable fats, oils, waxes: $1.5 billion (3.6%)
10. Knit or crochet fabric: $987.4 million (2.4%)
http://www.worldstopexports.com/bangladeshs-top-10-imports/
TABLE- IV
Taka in crore In million USD
Year 2015-2016 % of Total 2015-2016 % of Total
Sl No Major Countries

1 China, P.R. 76160.4 26.4 9669.1 26.3


2 India 42685.4 14.8 5452.9 14.8
3 Singapore 15069.2 5.2 1925.1 5.2
4 Japan 12869.7 4.5 1643.6 4.5
5 Indonesia 9667.4 3.4 1235.5 3.4
6 Korea, Republic of 8970.2 3.1 1145.0 3.1
7 United Sates of America 7881.4 2.7 1007.6 2.7
(U.S.A
8 Malaysia 7493.2 2.6 956.7 2.6
9 Brazil 7457.3 2.6 952.3 2.6
10 Hong Kong 6380.5 2.2 805.1 2.2
11 Germany 6250.1 2.2 798.0 2.2
12 Taiwan 6039.6 2.1 771.1 2.1
13 Canada 5691.3 2.0 726.6 2.0
14 Thailand 5255.1 1.8 669.1 1.8
15 Saudi Arabia 4622.6 1.6 590.7 1.6
16 United Arab Emirates (U.A.E) 4572.5 1.6 583.8 1.6
17 Kuwait 4553.3 1.6 582.1 1.6
18 Australia 4434.8 1.5 566.4 1.5
19 Pakistan 3972.1 1.4 507.5 1.4
20 Uzbekistan 3716.7 1.3 474.7 1.3
21 Other Country 44399.3 15.4 5746.9 15.5
Total 288142.1 100.0 36809.8 100.0
Source: Statistics Department, Bangladesh Bank.
https://www.bb.org.bd/econdata/import/imp_pay_country_yearly.php

https://www.export.gov/article?id=Bangladesh-Import-Tariffs

The FY 2016-2017 budget provided customs duty exemptions for: a)


agricultural commodities like pulses, wheat, and onions; b) agricultural inputs
such as fertilizer, insecticide, and seeds; c) life-saving drugs; and d) industrial
raw materials such as cotton. Import duties were also raised for sugar products
and dry mixed ingredient imports. Bangladesh has no quantitative restrictions
on imports, except for select culturally sensitive items such as alcohol and live
pigs.

Duty rates fall primarily within three tiers:

Certain machinery and basic raw 0 6 percent


materials

Intermediate products 7 13 percent

14 25
Finished products
percent

Bangladesh allows between 1,500 2,000 products to enter into the local
market through lower and mid-level duty tiers while some 3,000 come in
through the highest tier. The Customs Service also collects a variety of
additional border charges, including a 4 percent infrastructure development
surcharge levied on almost all imports, with the exception of some
commodities like rice and cotton. Details are available at the National Board of
Revenue Tariff Database [http://www.nbr-bd.org/statistics.html]. An advance
income tax is levied on importers; the advance tax payments can be claimed as
a tax credit at the end of the tax year.

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