Export and Import Senario of Bd

Assignment on Export & Import of Bangladesh Socio economic profiles of Bangladesh Submitted to: Afsana Aman Lecturer School of clientele Studies Submitted by: Name: Ilen Hyder ID. 2007110000173 BBA Batch: 16th (E) Dept: BBA Date of deference: 3rd April 2011 Initially known as East Pakistan, Bangladesh is a poor expanse featuring negative trade balance since its emancipation in 1971. The coarses economy experienced enormous improvement in the 1990s. However, foreign trade in southernmost Asian region still is an area of concern. The value of imports duplicate between 1971 and 1991 as compared to the value of merchandises. The trade deficit has declined substantially owing to an increase in exports since 1991. A closer suppose at the trade statistics of the country reveals that in 1989-90, imports exceeded exports by long hundred%. This percentage came down to 56% in 1996 and 62% in 1997. The economy of Bangladesh was once riding on jute, its major produce. Unfortunately, the course of polypropylene products across the globe led to a black eye for the jute industry of Bangladesh. Import and export condition is not so good in Bangladesh. Many times Bangladesh import many another(prenominal) products from other countries.

Through import and export one country can earn more foreign currencies that are helped to economic development. Some countries they totally depends on import or export trade. So import and export is essential in our country ever others countries. The main channel for selling goods in Bangladesh is done a local operator, i.e., an agent, wholesaler or distributor. If authorized, companies may habituate their local agents to service industrial consumers and suggest on political sympathies contracts. The organizations prefer to deal with local firms acting as goop agents or distributors of foreign manufacturers and suppliers. Foreign firms should consider hiring an goop agent/distributor to monitor these jobs. Agent-principle agreements may be either exclusive or... If you want to get a full essay, order it on our website: Ordercustompaper.com

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