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Bangladesh Export Overview and Procedures

Bangladesh exports over 168 products and services to around 186 countries. Readymade garments, knitwear, home textiles, frozen food, leather goods, and jute goods make up around 87% of total exports. The main export destinations are the United States, Canada, European Union countries like the United Kingdom, Germany, France, and Italy, contributing approximately 83% of total exports. Exports have seen consistent growth since 1974-1975, with the highest growth of 41.47% recorded in fiscal year 2010-2011. To engage in export business, a company or individual needs a trade license and must obtain an export registration certificate from the Chief Controller of Import and Export by providing documents such as a trade license and bank

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132 views1 page

Bangladesh Export Overview and Procedures

Bangladesh exports over 168 products and services to around 186 countries. Readymade garments, knitwear, home textiles, frozen food, leather goods, and jute goods make up around 87% of total exports. The main export destinations are the United States, Canada, European Union countries like the United Kingdom, Germany, France, and Italy, contributing approximately 83% of total exports. Exports have seen consistent growth since 1974-1975, with the highest growth of 41.47% recorded in fiscal year 2010-2011. To engage in export business, a company or individual needs a trade license and must obtain an export registration certificate from the Chief Controller of Import and Export by providing documents such as a trade license and bank

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Focus Man
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We take content rights seriously. If you suspect this is your content, claim it here.
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Summary on Export from Bangladesh

Introduction
1.1 The word export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an exporter who is based in the country of export whereas the overseas based is referred to as an importer (foreign buyer). In international trade exports refers to selling goods and services produced in home country to other foreign markets. 1.2 Bangladesh exports about 168 different products and services to almost 186 countries. The main exportable are Readymade Garments, Knitwear, Home Textile, Frozen Food, Leather & Leather goods, Jute and goods which contribute near about 87% of our total export. On the other hand the main export destination of Bangladesh are USA, Canada, EU Countries including U.K, Germany, France, Italy, Sweeten etc contributing almost 83% of total export. The export statistics reveals that Bangladesh is proceeding with positive export growth since 1974-75 achieving the highest export growth 41.47% in the FY 2010-11. Anexxure-17 presents the export trend from the year1974-75 to 2011-12 as well as the export performance in July-June, 2012.

2. Procedure of Export
2.1 A company or individual businessmen with trade license is capable of doing export business. But before that he/the company has to obtain export registration certificate (ERC) from the office of Chief Controller of Import and Export (CCI&E), 111-113 Motijheel Commercial Area, Dhaka. Generally Trade License, Bank Balance Certificate, Membership from respective trade associations are required for obtaining ERC. 2.2 For starting a business in Bangladesh, it starts with .. etc Note: complete summary will be available in the completed hand book

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