Export Strategy

In: Business and Management

Submitted By litudip
Words 5939
Pages 24

We were given the opportunity to make a report on Export Strategy of Bangladesh. To complete the report we faced some obstacles, but managed to complete the case within the given time constraint. It would not have been possible without the guidance and assistance of certain people.

At the very beginning I would like to express my gratitude to Almighty Allah for enabling me to prepare this report. I express my gratitude to Mr. ABM Siddique, for his kind permission to allow me for three months practical example.

I am also thankful to all other departmental heads, official, teachers, for their sincere co-operation and support. Last but not the least; it would not be possible without the help of member of our group.

This report is very much effective for a student to get the practical knowledge of the situation of export strategy in Bangladesh.

Table of Contents

|Sl. No. |Chapter |Topic |Page No. |
|01 |One |Introduction |03 |
| | |Background |03 |
| | |Export policy of Bangladesh |04 |
| | |Major Export Item In Bangladesh |05 |
| | |Major Product export of Bangladesh | |
| | |Barriers to Development of export in Bangladesh | |
| | |Problems of Export…...

Similar Documents

Export Marketing Strategies for Indian Textile Industry

...Subject : International Marketing Export marketing strategies in the Indian Textile Industry : Opportunities and Challenges Submitted by RANDEEP NAIN SATNAM SINGH S-78 S-93 Export marketing strategies in the Indian Textile Industry : Opportunities and Challenges Abstract : Textile exports play a significant role in earning foreign exchange for India. In the FY 2010-11 , the total exports of textiles and clothing amounted to US $ 26.82 billion. Presently , the share of textiles in India’s total exports is in the range of 10 % . Various studies have been conducted to explore the relationship between Export marketing strategies and their impact on organizational performance and various strategies are formulated to identify the right mix to enhance this performance . The purpose of this research is to identify the role of export marketing strategies in export performance for the case of Indian Textile industry. It is seen that export firms that adopt marketing mix elements get competitive advantage and have better returns. Research Problem : Internationally , it has been observed that organizations which are exporting to foreign markets employ some strategies to attract international buyers of their products .In the case of India , we are interested to find out which strategies are used to boost export performance. Therefore the research question is What are the factors/reasons which can enhance export performance of the Indian Textile......

Words: 633 - Pages: 3

Export Strategy

...EXPORT STRATEGY ASSESSING A PRODUCT'S EXPORT POTENTIAL There are several ways to gauge the overseas market potential of products and services. (For ease of reading, products are mentioned more than services in this guide, but much of the discussion applies to both.) One of the most important ways is to assess the product's success in domestic markets. If a company succeeds at selling in a domestic market, there is a good chance that it will also be successful in markets abroad, wherever similar needs and conditions exist. In markets that differ significantly from the domestic market, some products may have limited potential. Those differences may be climate and environmental factors, social and cultural factors, local availability of raw materials or product alternatives, lower wage costs, lower purchasing power, the availability of foreign exchange (hard currencies like the dollar, the British pound, and the Japanese yen), government import controls, and many other factors. If a product is successful in a domestic market, one strategy for export success may be a careful analysis of why it sells here, followed by a selection of similar markets abroad. In this way, little or no product modification is required. If a product is not new or unique, low-cost market research may already be available to help assess its overseas market potential. In addition, international trade statistics (available in many local libraries) can give a preliminary indication of overseas markets for......

Words: 2196 - Pages: 9

Export Analysis

...------------------------------------------------- EXPORT PLANNING ------------------------------------------------- AMB210 ASSIGMENT( SEM1,2013) By KA SUEN CHAN (N8376875) Executive Summary The Fresh Cheese Company is predominantly a manufacturer of multi-award winning high quality Italian style cheese in Victoria. Local success and popular in some other existing foreign market show the competitive advantage of the company’s product. Company is currently seeking for more market expansion oversea. This report will focus on China as a great potential market. Traditionally, cheese was not a favourite food in China. In recent years, influenced by western culture, cheese has become increasingly popular in most developed cities, especially among new generation. With huge population and great purchasing power, China’s cheese market is still in an infancy stage but growth rapidly in recent years. The purpose of this report is to conduct a consolidated analysis to construct an export planning. Table of Contents Executive Summary 2 Table of Contents 3 1.0 Introduction 4 2.0 Export readiness analysis 4 2.1 Competitive advantage 4 2.2 Production capacity 4 2.3 Export experience ......

Words: 2324 - Pages: 10


...EXPORT STRATEGIES AVAILABLE TO FIRMS INTERNATIONALISING This report gives an insight into exporting, its definitions and other international business transactions, it goes on discussing the different strategies available to a firm internationalizing for the first time, and these include both direct and indirect strategies available, and provides examples of firms that use export strategies. It also gives the advantages and disadvantages of such strategies. At the end of the report it provides a conclusion and recommendations to what strategies a firm can adopt depending on the situation. 2.0 INTRODUCTION AND BACKGROUND The most conventional forms of international business transactions are international trade and investment. International trade refers to an exchange of products and services across borders. Exchange can be through exporting, importing or countertrade. Exporting is an entry strategy involving the sale of products and services to customers located abroad from the home base or third country. Importing is the buying of products abroad and bringing them to the home market. Countertrade is a business transaction where all or partial payments are made in kind rather than cash. Both finished and intermediate goods, such as raw materials and components are subject to trade. While on the other hand international investment refers to the transfer of assets to another country, or acquisition of assets in that country through foreign direct investment and contractual...

Words: 3014 - Pages: 13

An Exploratory Study on the Export Potential and Strategies of Beximco Pharmaceuticals Ltd

...AN EXPLORATORY STUDY ON THE EXPORT POTENTIAL AND STRATEGIES OF BEXIMCO PHARMACEUTICALS LTD. [pic] [pic] [pic] AN EXPLORATORY STUDY ON THE EXPORT POTENTIAL AND STRATEGIES OF BEXIMCO PHARMACEUTICALS LTD. Submitted To: Professor Golam Mohammed Chowdhury Chairman Internship and Placement Program Supervised By: Mr. Ridwanul Huq Lecturer Submitted by: Md. Shoeb-Bin-Mananan MBA 38th Day Roll-38D Institute of Business Administration University of Dhaka July 08, 2010 July 08, 2010 Professor Golam Mohammed Chowdhury The Chairperson Internship and Placement Committee Institute of Business Administration University of Dhaka Subject: Submission of Internship Report. Dear Sir, It is my pleasure to submit the internship report, which is done as a part of academic curriculum, to you for your kind evaluation. The report is prepared on “The Export Potential and Strategies of BEXIMCO Pharmaceuticals Ltd”. My organizational supervisor assigned me to prepare a report on the above mentioned subject and later my faculty advisor also approved it. I have put my best effort in preparing this report and to make it a worthy one. Each aspect of the problem is considered and studied as required. I shall try my best and shall be obliged to provide you with any kind of clarification concerning this report. Sincerely yours, ____________ Md. Shoeb-Bin-Mananan Roll No.: 38 Batch : 38th (Day) Major:...

Words: 10200 - Pages: 41

Import Export

...IMPORT An import is a good brought into a jurisdiction, especially across a national border, from an external source. The party bringing in the good is called an importer. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions. "Imports" consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accountsincludes and excludes specific "borderline" cases. A general delimitation of imports in national accounts is given below: * An import of a good occurs when there is a change of ownership from a non-resident to a resident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or......

Words: 4265 - Pages: 18

Export Readiness

...Export Readiness Analysis 2XU is an Australian sports apparel company established in 2005, the firm employs 45 full time employees making the firm a SME (Small and Medium Sized Enterprise) (Global Execellance, 2013). The firm specialises in producing compression clothing in the growing international sportswear market, which is worth US$244 billion (Heathcote, 2013). 2XU began as born global, with goals to establish itself as a global brand from conception. These goals were achieved in 2007, with direct exports to distributors based in the United States. Since, 2007 the firm has established itself as a gloabal brand with exports to 57 countries world wide (Heathcote, 2013). A crucial aspect of 2XU establishing itself as an international firm, has been the successful application of Export Market Development Grants from Austrade totalling $500,000 (Australian, Business Financing Centre, 2013); with the EMDG, reducuing the initial costs of exporting. While 2XU, has already established itself as a global firm, the company needs to continue its expansion into new markets, if it is to achieve is goal of $1 billion of sales within the next 10 to 15 years. Therefore it must be asked, is 2XU is ready to begin exporting to a new market? Export readiness measures how prepared a firm is to conduct its business within a new export market. An Export ready firm must fufill three criteria, it must have; a competitive advantage, suitable and adequete resources and have a clear strategy...

Words: 742 - Pages: 3

Determianants of Exports

...of Manufacturing Exports: Indian Firms since the Mid-1990s Jaya Prakash Pradhan Keshab Das January 2013 Gujarat Institute of Development Research Ahmedabad Abstracts of all GIDR Working Papers are available on the Institute’s website. Working Paper No. 121 onwards can be downloaded from the site. All rights are reserved. This publication may be used with proper citation and due acknowledgement to the author(s) and the Gujarat Institute of Development Research, Ahmedabad. © Gujarat Institute of Development Research First Published ISBN Price January 2013 81-89023-70-5 Rs. 40.00 Abstract There exists a glaring gap in the literature studying the role of subnational factors in the export performance of enterprises. A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. The size of technological knowledge stock, port facilities and credit availability in a state are observed to be favouring higher export intensity of local firms. All these call for state’s policy attention to improve regional knowledge base, strengthening of port facilities or ensuring better transportation networks to ports and improved credit availability if local firms were to face the least hurdles in their efforts to internationalize. Fiscal incentives continue to promote firms’ export activities. In addition, firms own characteristics considerably determine their export......

Words: 13932 - Pages: 56


...FASHION EXPORT MERCHANDISING National Institute of Fashion Technology, DELHI M.F.M Semester 2 EXPORT INDUSTRY OF INDIA Submitted to – Ms Jasmine Dixit Submitted by – Kranti Wadmare Meghna Kumar Rahul Kumar Rounak Siraj Parul Dang EXPORT INDUSTRY OF INDIA Exports from India amounted to US$317.5 billion during 2014, up 44.1% since 2010. India’s top 10 exports accounted for 60.5% of the overall value of its global shipments. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, India’s total Gross Domestic Product amounted to $7.376 trillion in 2014. Therefore, exports accounted for about 4.3% of total Indian economic output. Given India’s population of 1.252 billion people, its total $317.5 billion in 2014 exports translates to roughly $254 for every resident in that country. India’s unemployment rate was 4.1% in 2014. Sectors 1. Primary: Agriculture and mining (CIL , National mineral development corporation) 2. Secondary: Industry (Tata motors, Sun pharma industries, Indian Oil Corporation) * Petroleum products and chemicals * Pharmaceuticals * Engineering * Gems and jewellery * Textile * Mining 3. Tertiary: Services (Oracle TCS,Infosys) * Energy and Power * Infrastructure * Retail * Tourism * Banking and finance * Aviation * Information technology COMPOSITION OF EXPORTS Commodity......

Words: 3274 - Pages: 14

Export to Jorden

...the chosen goods could or should be exported to that particular country? Export is the goods that we send to overseas or outside our own country or home country. Export are the most easier and less risk if someone new to business want to explore and upgrade their market. As for me, I choose to export fish to Jordan. It is because this country until nowadays still dependent on exports especially export in mining-based product and this country’s export earnings is really vulnerable to world markets so it will make my company more easier to come into world market share. Jordan also one of country that their market really sophisticated and really promising to get profit. They have a lot of strength that can attract company to export product to Jordan. One of that strength is they have large supply of natural resources especially in their wealth in metals and minerals such as a strong demand from other country. Addition, my product is such as Halal product that there would be no problem for my product to come into this country and other countries also. Next, this country’s economy really well establish and their infrastructure also kind of modern. Their infrastructure really world class. Not only their modern transport network, but they are also widely available energy and sophisticated telecommunications facilities. Price of product that export to Jordan cheaper than their own product. So if I export my product to this country I will get more profit by increase a little......

Words: 1389 - Pages: 6


...ABSTRACT The objective of this group project is to study the company to deal and manage the export activity within the foreign country. From the project will be discussed the incentives and activities to operate in export processing zone (EPZ) and what mode of transport available and suitable to use for sending the product. Besides that, type of packaging the herb for export to India and the main office activities and export market entry strategies to India also discovered in the project. The last part of the discussion in our project is discussed the export financial, all the export documentations and export procedures involved in the exporting activity. 1.0 COMPANY BACKGROUND Dherb is a one of the famous herb company in Malaysia. Dherb holding established in September 2010 and operates on a small scale for 2 years. Dherb holding founded by Dato’ Shazana binti Amiruddin. After 2 year operation, D'Herbs have now become a brand that has captured the hearts of consumers either in Malaysia, Singapore and Brunei with the operation formally in Wisma D'Herbs in Kota Damansara and our aim to become one of the famous brands in health and state nationalized neighbors and our goal to worldwide. In the year 2012, was the peak year for D'Herbs products in which we have under Label Company Berhad. We have developed our business by opening several branches around the country. With the opening of new branches,it will be easier for the customers to find our health products. So far,......

Words: 5460 - Pages: 22

Business Exports

...Regulatory Procedures Customs Clearance Procedure for Exports Prepared By: Policy Planning & Strategy (Revised on July 15, 2002) Small and Medium Enterprise Development Authority Government of Pakistan www.smeda.org.pk HEAD OFFICE Waheed Trade Complex, 1st Floor , 36-Commercial Zone, Phase III, Sector XX, Khayaban-e-Iqbal, DHA Lahore Tel: (042) 111-111-456, Fax: (042) 5896619, 5899756 Helpdesk@smeda.org.pk REGIONAL OFFICE PUNJAB Waheed Trade Complex, 1st Floor, 36-Commercial Zone, Phase III, Sector XX, Khayaban-e-Iqbal, DHA Lahore. Tel: (042) 111-111-456 Fax: (042) 5896619, 5899756 helpdesk@smeda.org.pk REGIONAL OFFICE SINDH 5TH Floor, Bahria Complex II, M.T. Khan Road, Karachi. Tel: (021) 111-111-456 Fax: (021) 5610572 helpdesk-khi@smeda.org.pk REGIONAL OFFICE NWFP Ground Floor State Life Building The Mall, Peshawar. Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk REGIONAL OFFICE BALOCHISTAN Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 831623, 831702 Fax: (081) 831922 helpdesk-qta@smeda.org.pk Customs Clearing Procedure for Export Policy, Planning & Strategy TABLE OF CONTENTS 1. Introduction to SMEDA 2. Role of Policy Planning and Strategy Group 3. Custom Clearing Process for Exports 4. Flow Chart Custom Clearing Process of Exports 5. Annexes: Sample Forms & Certificates 02 02 03 05 06 1 Customs Clearing Procedure for Export Policy, Planning & Strategy Introduction of SMEDA The Small and......

Words: 1359 - Pages: 6

A Trial Research on Coping Strategies for China's Export Enterprises with Anti-Dumping Under the New Situation

...目前难以逾越同时又必须逾越的一道障碍。那么目前中国企业面临着怎样一个现状呢?而我们又应如何应对这种状况,采取怎样的措施来加强防范?已被指控具有反倾销行为的企业又应采取怎样的应对措施呢?本文首先阐述了目前中国遭遇国外反倾销调查的现状、特点,接着分析了国外对我国进行反倾销调查的影响和原因,最后着重论述我国应对国外对华反倾销的策略建议——构建政府、行业协会和企业“三位一体”的反倾销应对体系。希望可以加强我国出口企业的国际竞争力,加快我国对外贸易的发展和我国经济的发展步伐。 关键词:我国出口企业,反倾销,现状,原因,应对策略 A trial research on coping strategies for China's export enterprises with anti-dumping under the new situation Abstract In recent years, anti-dumping issue has been a hot topic in China's foreign trade. Chinese products have become the world's NO.1 target in anti-dumping investigations for 14 consecutive years. Moreover, more than 1 / 3 of the anti-dumping investigations is against Chinese products in the last 3 years. With the rapid growth of exports, China is facing the growing threat of anti-dumping. Particularly after the outbreak of the international financial crisis in 2008, Europe and the United States implemented trade protectionism under the guise of anti-dumping investigation so vigorously that anti-dumping investigation on China has reached an unprecedented heat and created great obstacles and pressures to exports of the Chinese enterprises’ product. Now anti-dumping has become an obstacle of Chinese enterprises that is insuperable but has to overstep. Then what situation are the Chinese enterprises facing now? How should we deal with the situation, how to take measures to strengthen prevention? And what of enterprises that has been charged with......

Words: 1566 - Pages: 7


...EXPORT PROCESS FLOW, PROCEDURE AND DOCUMENTATION Revised on November 10, 2005 Prepared By: Policy & Planning Small and Medium Enterprise Development Authority Ministry of Industries, Production & Special Initiatives Government of Pakistan www.smeda.org.pk HEAD OFFICE LAHORE REGIONAL OFFICE SINDH REGIONAL OFFICE NWFP REGIONAL OFFICE BALOCHISTAN 6th Floor, L.D.A Plaza, Egerton Road Lahore-54792 Tel: 111-111-456 Fax: (042) 6304926 helpdesk@smeda.org.pk 5th Floor, Bahria Complex 2, M.T.Khan Road, Karachi Tel: (021) 111-111-456 Fax: (021) 5610572 helpdesk-khi@smeda.org.pk Ground floor State Life Building The Mall, Peshawar Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 2831702/2831623 Fax: (081) 2831922 helpdesk-qta@smeda.org.pk Export Process Flow, Procedure & Documentation Policy & Planning INDEX 1. Introduction to SMEDA 02 2. Role of Policy and Planning 02 3. Flow Chart 03 4. Introduction 05 5. Selection of a Product 05 6. Opening of an Office 05 7. Registration for Export 05 8. Selection of Market 05 9. Quoting a Price 06 10.Signing of a Contract 06 11.Terms of Delivery 06 12.Financing for Exports 07 13.Packing 07 14.Transport 07 15.Insurance 07 16.Documentation 07 17.Post Shipment Documents 08 18.How to Claim Duty...

Words: 5503 - Pages: 23


...Duty Exemption and Drawback Background[1] The Duty Exemption and Drawback facility enables exporters and deemed exporters to claim, within 6 months of exports, the duties and taxes paid on raw materials used in the export process. Apart from imported raw materials, businesses are entitled to duty exemption and drawback on taxes paid on utilities and, in some case, on the fuel consumed in the production process. Eligible exporters can claim their drawback by filing their claim with the Duty Exemption and Drawback Office (DEDO), which is an agency under the authority of the National Board of Revenue. The Customs Act, 1969 and the VAT Act 1991 governs the process. While Chapter VI of the Customs Act 1969 provides many of the guidelines, since the promulgation of the VAT Act 1991, drawback can also be claimed on inputs under Section 13, Rules 28, 29, 30, 31, 32, 32(a), 33 and 34. Additional SROs that guide the process include SRO 154 (June 9, 2005) and SRO 157 (June 9, 2005). Eligible exporters can enjoy this facility under two broad categories – a duty exemption or a duty drawback. Under the duty drawback system, exporters get refunds of the duties and indirect taxes they have paid on imported inputs. Duty may be refunded in three ways: a) actual drawback, b) national drawback, and c) flat rate drawback. Due to fewer complications and ease of operation, the flat rate system remains the most preferred method of refund. There are also two other ways of making......

Words: 1774 - Pages: 8