| |
| Bangladesh |
| Foreign
Trade |
| Trade
with the World FOB Value in US$ mn |
| Year |
Total Exports |
Total Imports |
Balance of Trade |
| 1991 |
1688.7 |
3074.5 |
-1385.8 |
| 1992 |
2097.9 |
3353.8 |
-1255.9 |
| 1993 |
2544.7 |
3657.3 |
-1112.6 |
| 1994 |
2934.4 |
4350.5 |
-1416.1 |
| 1995 |
3733.3 |
6057.4 |
-2324.1 |
Item
|
Value in mio USD
|
% of Total cash Import |
| Textiles and textile articles (mainly for processing) |
1,000 |
34.7 |
| Mineral products |
331 |
11.4 |
| Machinery and mechanical appliances: electrical
equipment, parts thereof |
277 |
9.5 |
| Products of the chemical or allied industries |
229 |
7.9 |
| Base metals and articles of base metal |
212 |
7.3 |
| Vegetable products |
167 |
5.7 |
| Other products |
681 |
23.4 |
| Total import under cash, barter |
2,905 |
100.0 |
| Import under loans and grants |
1,165 |
100.0 |
| |
Major Suppliers
USA, Germany, UK, Italy, Netherlands, Canada, Belgium, Sweden,
Spain, Norway, Russia, Iran, Syria, Australia, Turkey, Sudan,
Japan, Indonesia, UAE and Singapore. |
| |
| Major
Export Products : 1993-94 1994-95E Value |
Items
|
Volume of Exports |
Value of Exports |
Value in mio US$ |
Volume of Exports |
| Readymade Garments |
- |
1292 |
- |
1973 |
| Jute goods |
0.52 m.tons |
284 |
0.56 tons |
308 |
| Knitwear & hosiery products |
- |
264 |
- |
345 |
| Frozen food |
56 m.lbs |
211 |
80 m.lbs |
307 |
| Leather |
157 m.sq.ft |
168 |
170 m.sq.ft |
204 |
| Jute (Raw) |
1,198 m.tons |
57 |
1.4 m.bales |
63 |
| Fertilizer |
.50 m.tons |
52 |
.44 m.tons |
58 |
| Tea |
27 m.kg |
38 |
27m.kg |
31 |
| Specialized textiles and Household items |
- |
32 |
- |
37 |
| Footwear |
- |
20 |
- |
27 |
| Chemical products |
- |
9 |
- |
11 |
| Vegetables |
7,000 tons |
8 |
7,000 tons |
7 |
| Handicrafts |
|
7 |
- |
7 |
| Furnace oil |
107,000 tons |
7 |
122,000 tons |
10 |
| Neptha |
35,000 tons |
4 |
42,000 tons |
5 |
| Electronics |
- |
3 |
- |
1.1 |
| Tobacco |
3,000 tons |
3 |
- |
- |
| Betel leaves |
1,000 tons |
1 |
1,000 tons |
1.1 |
| Miscellaneous |
- |
74 |
- |
105 |
| Total |
- |
2534 |
- |
3500 |
| E = estimated m = million |
|
|
|
|
| |
Major Markets
Australia, Belgium, China, Canada, India, Denmark, Korea,
Japan, Italy, Germany, Singapore, USA, Hong Kong, France, UK,
Switzerland.
Total Bangladesh exports in 1995 amounted to US$ 3.7
billion. The EU and the USA are the two main export markets
for Bangladesh: 42% of Bangladesh’s total export in 1993/94
went to the EU, while 33% went to the USA. Germany and UK are
the largest importers of Bangladeshi goods within the EU, while
France, Italy, Belgium and the Netherlands follow in descending
order. Ready-made garments, which is Bangladesh’s major
export product, accounted for 60% of total exports in 1993/94.
Other important exports include frozen leather and leather products
(7%).
Bangladeshi exports mainly go to Western Europe and the USA,
whereas imports arrive to a large extent from Asia. Thus, only
11% of Bangladesh’s total export in 1993/94 came from the
EU, while 5% came from the USA, giving Bangladesh large trade
surpluses. Imports under loans and grants consist of bilateral
and multilateral aid in the form of food, projects and other
activities. If only goods imported under cash and barter etc.
are considered, then India is the largest supplier to Bangladesh,
accounting for 15% of the supplies, followed by Hong Kong, South
Korea and China.
The Bangladesh Bank follows a semi-flexible
policy of re-evaluating the currency on the basis of a weighted
basket of economic indicators. But the government declared recently
that it intends to make the Taka fully Trade Organization on
1 January 1995 as a founding member and enjoys full preferential
Trade Agreement (SAPTA), formed under the regional partnership
South Asia Association for Regional Cooperation (SAARC). But
this cannot have an effect on the Bangladeshi import regime. |
| |
| Year |
Exports from Sri Lanka
|
Imports from Bangladesh |
Balance of Trade |
| Rs. mn |
| 1992 |
297 |
651 |
-354 |
| 1993 |
353 |
335 |
+18 |
| 1994 |
469 |
412 |
+57 |
| 1995 |
617 |
287 |
+330 |
| 1996 |
637 |
98 |
+539 |
| |
| Major
Export Products from Sri Lanka 1996 - 1997 |
|
Value |
Volume Rs. mn |
Volume |
Value Rs. mn |
| Coconut Oil |
2,486,400 |
126.10 |
3,152,000 |
154.68 |
| Woven fabrics |
291,227 |
90.32 |
514,285 |
115.37 |
| Transport equipment and parts |
457 |
102.22 |
447 |
109.55 |
| Sheet rubber |
1,509,000 |
66.77 |
1,178,500 |
55.15 |
| Ceramic and Porcelain products |
124,931 |
48.26 |
165,559 |
47.27 |
| Copra |
- |
- |
957,726 |
41.42 |
| Textiles and Garments |
82,021 |
29.63 |
46,632 |
19.97 |
| Artificial resins, plastic
materials, esters etc. |
45,085 |
4.43 |
77,200 |
18.91 |
| Electronic products |
574 |
0.50 |
90,403 |
15.90 |
| Other chemicals and plastic
products |
41,000 |
2.58 |
142,801 |
9.54 |
| Boilers, machinery and parts |
8 |
0.02 |
22 |
7.71 |
| Glass and glassware |
9,815 |
0.47 |
224,572 |
7.20 |
| Aluminoidal substances, glasses etc. |
- |
0.02 |
165,210 |
5.34 |
| Confectionery & Bakery
products |
121,961 |
11.24 |
44,108 |
5.08 |
| Other manufacturers |
7,485 |
0.80 |
5,107 |
4.41 |
| Spices |
105,000 |
3.10 |
47,000 |
3.09 |
| Desiccated coconut |
- |
- |
27,500 |
2.13 |
| Gems andjewellery |
- |
- |
10,402 |
1.64 |
| Graphite |
6,334,980 |
144,28 |
- |
- |
| Tanning, dyeing, paints, paints,
varnish etc. |
187,000 |
43.52 |
810 |
0.04 |
| Tyres and tubes |
8,608 |
23.38 |
660 |
0.07 |
| |
| Major
Imports from Bangladesh (in Rs. mn) |
| |
Volume |
Value |
| Sugar |
1,420,554 |
28.31 |
| Food Products – fish |
13,172 |
12.85 |
| Medical and pharmaceutical products |
1,536 |
6.73 |
| Consumer goods |
121,019 |
5.64 |
| Dyeing, tanning and colouring materials |
120 |
0.22 |
| Paper and paper boards |
147 |
0.18 |
| Textiles and clothing |
118,969 |
19.53 |
| Intermediate goods |
539,607 |
11.56 |
| Machinery and equipment |
539,607 |
11.56 |
| Other investment goods |
126 |
0.06 |
| |
Other potential
export products from Sri Lanka
Coconut fibre, coconut fibre products, vegetables, processed
fruits and fruit juices. Past market development activities
by Sri Lanka in the target market – Nil. |
| |
|
| |
|
