WELCOME

MD MEHEDI HASAN
ROLL: 23
Export and Import in Bangladesh
 Export & Exporting

Export means goods or services sold to foreign

countries.

Exporting means the process of selling of goods

or services to foreign countries.
 The steps of exporting
1. Importer-Exporter Code (IEC) Number
2. Register with the export promotion council
3. Procuring orders
4. Documentation & Billing
5. Shipment & sending of documents to the
importer
6. Submission of documents to bank
7. Bank sends docs to importer’s bank .
Payment is done
 Getting IEC Number

Registration with the

relevant export promotion Bank sends docs to
importer’s bank .payment is
done
Market Identification

Submission of docs to banks

Channel Selection
Transportation
Maritime / Air / Road / Rail
Identifying the Potential
Buyers / Customers
Documentation & Billing

Going for procuring orders Prepare marine, air, and

documents

Production
Certificate of quality control
 Advantages of Exporting
1. Increased Sales and Profits
2. Enhance Domestic Competitiveness
3. Gain Global Market Shares
4. Diversification
5. Compensate for Seasonal Demands
6. Create Potential for Company Expansion
7. Sell Excess Production Capacity
8. Expand Life Cycle of Product
 Exporting Challenges

1. Extra Costs
2. Product Modification
3. Financial Risk
4. Export Licenses and Documentation
5. Market Information
 Import & Importing

Import means goods or services purchased from

another country.

Importing means the process of purchasing of

goods or services from another country.
 Steps of Importing
1. Select a product to import
2. Achieve import license
3. Finding seller
4. Negotiate a deal with seller
5. Giving order
6. Collection of foreign exchange
7. Opening L/C
8. Receiving Documents
9. Completing formalities regarding tariff
10.Delivery of Goods
 Flow chart of Importing
Select a product to import

Achieve import license

Finding seller

Negotiate a deal with seller

Giving order Receiving of Goods

Collection of foreign
exchange
Completing
formalities
Opening L/C Receiving Documents regarding tariff
 Benefits of Importing

1. Reduced costs

2. Good quality items

3. Remote management
 Limitations of Importing

• Exchange rate fluctuation

• Financial Risk

• Payment to government as the form of Tariff

 Comparison

Year Ratio of export and import

2007-08 1:1.45
2008-07 1: 1.39
2009-08 1:1.32
2010-11 1:1.52
2011-12 1:1.47
 Export-Import Information

Year Import (Billion US $ ) Export (Billion US $ )

2001-02 8.54 5.99

2002-03 9.66 6.55

2003-04 10.90 7.60

2004-05 13.15 8.65

2005-06 14.75 10.53

2006-07 17.16 12.18

2007-08 20.37 14.11

2008-09 21.44 15.57

Impact of political instability in Export
1. Hamper shipment process
2. Affect supply chain
3. Increase lead time
4. Discourage foreign buyer
5. Affect production unit
6. Reduce competitive advantage
7. Increase production cost
Suggestion for increasing exporting in
Bangladesh
1. Fullest access of Bangladesh exports to
international markets
2. Price stability and an appropriate exchange
rate must be ensured
3. Hassle-free regulatory framework
4. Adequate infrastructure must be built
5. Proper quality of exportable items must be
maintained
6. Government backed trade related services
are essential
 Suggestions (contd..)

7. Close partnership between the Government

and the business community is crucial
8. Market diversification
THANK YOU