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2.1 Canada-Bangladesh Relations:
Bangladesh and Canada has a relation of more than 30 years.This relationship has
traditionally been based on a very strong development partnership. Canada’s aid program in
Bangladesh is their largest in the world, amounting to more than $50 million annually and
more than $2 billion since independence in 1971. Over the past thirty years, Canadian
development dollars have been invested in the rail, energy, and rural power and
telecommunications sectors. CIDA projects have contributed to advancements in the
environment, health and education. Canadian cooperation has been aimed towards helping
women to play their legitimate role in the economy and society. Canadian companies are
visible in Bangladesh, but not easily recognizable. For instance shoes produced by Bata, a
Canadian company. GMG airlines flies dash 8 aircraft manufactured in Canada. Trains
operated by Bangladesh rail are pulled by general motors engines made in Canada. The coins
used here may well have been made in Canada. Nortel networks, began anUS $15 million
dollar project with the Bangladesh telephone and telegraph board to install 116,000 switching
lines. These new lines will drastically advance this country’s communications infrastructure

2.2 Trade and Investment:
Canada's commercial relationship with Bangladesh has grown dramatically over the last ten
years. The value of bilateral merchandise trade has more than tripled going from $478 million
in 2003 to nearly $1.7 billion in 2012. During this period, Canadian merchandise exports to
Bangladesh have more than quadrupled and Bangladesh has become the second largest source
of Canadian merchandise imports from South Asia, after India.
Canadian merchandise exports to Bangladesh were $525 million in 2012, down slightly from
$552 million in 2011. Merchandise imports from Bangladesh were $1.1 billion in 2012, equal
to 2011. Canada's main exports to Bangladesh include cereals, vegetables, iron and steel,
oilseeds, fertilizers, machinery and electronic equipment. Agri-food was the leading export
sector from Canada to South Asia in 2012, making Bangladesh the second largest Canadian
agri-food buyer in South Asia after India.
Canada's main merchandise imports from Bangladesh include knit apparel, woven apparel,
miscellaneous textile articles, headgear, fish and seafood, and footwear. Canada is a bright
spot for Bangladeshi apparel, with garments and textile. Bangladesh has enjoyed duty-free
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market access since 2003. Potential trading opportunities to explore include expanding
Canadian imports of ready-made garments, porcelain, jute and quality jute good, ceramic
tableware and kitchenware.

2.3 Bangladesh & Canada Total Export & Import Statistics:

Year Total Export Total Import Balance
2006 - 2007 4602.7 1630.0 2972.7
2007 - 2008 5393.8 3157.2 2236.6
2008 - 2009 6706.7 4585.7 2121.0
2009 - 2010 6724.9 5933.1 792.8
2010 - 2011 10055.5 5499.3 4556.2
2011 - 2012 10085.5 3340.8 6744.7

Source: Bangladesh Bank Yearly Export/Import Condition. (Tk. In Million)




4602.7
5393.8
6706.7 6724.9
10055.5 10085.5
1630
3157.2
4585.7
5933.1
5499.3
3340.8
2972.7
2236.6
2121
792.8
4556.2
6444.7
0
2000
4000
6000
8000
10000
12000
2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012
Total Export Total Import Balance
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2.4 Major Export Commodities of Bangladesh to Canada:

The major exporter commodities of Bangladesh to China are following,
1. Live animals; animal products.
2. Textiles and textile articles.
3. Footwear, headgear, umbrellas, sun umbrellas, walking sticks, seat sticks, whips,
riding crops etc.
4. Machinery and mechanical appliances.
5. Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco
substitutes.
6. Vegetable products
7. Plastics, rubber and their articles thereof.
8. Raw hides and skins, leather fur skins, saddler and harness, travel goods, handbags
and similar containers.
9. Wood and articles of wood.
10. Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic
products; glass and glassware. Etc.
For our report we’ve categorized all the different commodities into seven groups that are
being exported to Canada from Bangladesh. These are follows,












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2.5 Readymade Garments:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous year
2011-2012 55355.00 10048.00
2010-2011 45307.00 14028.00
2009-2010 31279.00 613.00
2008-2009 30666.00 7051.00
2007-2008 23651.00 1865.00
2006-2007 21786.00 -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: Yearly export of readymade garments from Bangladesh to
Canada is increasing at a steady rate every year because of Bangladeshi garments high
demand and quality. Though in 2009-2010 the growth was not so much substantial. It may
have been caused by the political unrest in Bangladesh, especially after post-election period.
After that the growth continuous as normal.

55355
45307
31297
30666
23651
21786
0
10000
20000
30000
40000
50000
60000
2011-2012 2010-2011 2009-2010 2008-2009 2007-2008 2006-2007
Readymade Garments
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2.6 Fish, Shrimps and Prawns:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous year
2011-2012 705.00 17.00
2010-2011 688.00 202.00
2009-2010 486.00 68.00
2008-2009 418.00 197.00
2007-2008 221.00 28.00
2006-2007 193.00 -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: Fish, shrimps and prawns includes the full grown fish as well as
baby fishes harvested through hatcheries. The fish, shrimps and prawn export to Canada is
increasing because this business is being appreciated by the investors. The cause of the raise
is government initiative and peoples participation.


705
688
486
418
221
193
0 100 200 300 400 500 600 700 800
2011-2012
2010-2011
2009-2010
2008-2009
2007-2008
2006-2007
Fish, Shrimps & Prawns
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2.7 Jute Manufactures:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous Year
2011-2012 123.00 23.00
2010-2011 100.00 33.00
2009-2010 67.00 09.00
2008-2009 58.00 (19.00)
2007-2008 77.00 (29.00)
2006-2007 106.00 -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: In jute manufacture, which includes the items made from jute
material we observe that in the period of 2006-2008 the export is decreasing because of
political unrest. But when things settled down, from 2009-2012 the export is increasing
because of the stability of the economy and government policy.


123
100
67
58
77
106
0
20
40
60
80
100
120
140
2011-2012 2010-2011 2009-2010 2008-2009 2007-2008 2006-2007
Jute Manufactures
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2.8 Leather and Leather Manufactures:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous year
2011-2012 171.00 56.00
2010-2011 115.00 13.00
2009-2010 102.00 (39.00)
2008-2009 143.00 (06.00)
2007-2008 149.00 64.00
2006-2007 85.00 -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: In leather and leather manufactures goods the yearly export is
increasing, but we see that in the period of 2009-2011 government tried to shift the industry
concentration from Hazaribag to Shavar, but the effort wasn’t appreciated so much by the
manufacturers. Thus there were some turbulences but it become normal after some time.


2011-2012
22%
2010-2011
15%
2009-2010
13%
2008-2009
19%
2007-2008
20%
2006-2007
11%
Leather & Leather Manufactures
2011-2012
2010-2011
2009-2010
2008-2009
2007-2008
2006-2007
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2.9 Raw Jute:

Year’s Export Amount (Tk. In Million)
2011-2012 0.0
2010-2011 10.00
2009-2010 0.0
2008-2009 0.0
2007-2008 5.00
2006-2007 87.00

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: In jute manufacture we see that from 2006-2008 the export is
decreasing and became close to nil. The most appropriate reason behind is that the cultivation
of jute has been reduced significantly and peoples are turning their back on this. Another
reason that may fuel this decrease may be that Jute manufactured goods are being exported
more rather than raw jute.

0
10
20
30
40
50
60
70
80
90
100
2011-2012 2010-2011 2009-2010 2008-2009 2007-2008 2006-2007
Raw Jute
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2.10 Handicrafts:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous Year
2011-2012 10.00 0.00
2010-2011 10.00 (06.00)
2009-2010 16.00 -
2008-2009 - -
2007-2008 - -
2006-2007 - -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: Handicraft means anything made by hand and by a little help
from machinery. We see that the export information of handicraft before 2008-2009 isn’t
available, because handicraft items were included in “others” exporting items. Then
government separates it because it is a significant exporting item. Export condition is moral
less constant.

0
2
4
6
8
10
12
14
16
18
2011-2012 2010-2011 2009-2010 2008-2009 2007-2008 2006-2007
Handycrafts
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2.11 Others:

Year’s Export Amount (Tk. In Million) Changes Compared to Previous year
2011-2012 3991.00 279.00
2010-2011 3712.00 1585.00
2009-2010 2127.00 (296.00)
2008-2009 2423.00 190.00
2007-2008 2233.00 253.00
2006-2007 1980.00 -

Source: Bangladesh Bank Yearly Export Condition.



Analysis & Interpretation: Others items includes vegetable, wood, plastic and rubber items.
During the period of 2006-2007 to 2009-2010 the export was more or less constant, but from
2010-2012 it has almost doubled due to government initiatives and the improved bureaucratic
relationship among Canada and Bangladesh.

3991
3712
2127
2423
2233
1980
0 500 1000 1500 2000 2500 3000 3500 4000 4500
2011-2012
2010-2011
2009-2010
2008-2009
2007-2008
2006-2007
Others
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