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Trade Fact Sheet: Brunei Darussalam

 1.  The Economic Structure of Brunei 

GDP

13.002 billion US$ (2018 est.)

GDP Per Capita

$27,601 (2018 est.)

Income Level

High income

GDP Growth Rate

-1.3% (2017 est.)

Inflation

-0.2% (2017 est.)

FDI inflow

181.86 million US$ (2016 est)

 

      2.  Trade Indicators of Brunei

Exports of goods and services

5.776 billion US$ (2017 est.

Imports of goods and services

3.275 billion US$ (2017 est.)

Ease of Doing Business Index

56

 

      3.  Key Industriespetroleum, petroleum refining, liquefied natural gas, construction, agriculture, transportation.

      4.  Key Agriculture Sector: rice, vegetables, fruits; chickens, water buffalo, cattle, goats, eggs.

      5.  Major Export Product: mineral fuels, organic chemicals.

      6.  Major Import commodities: machinery and mechanical appliance parts, mineral fuels, motor vehicles, electric machinery.

      7.  Major Export Partner: Japan 36.5%, South Korea 16.8%, Thailand 10.6%, India 9.8%, Malaysia 6.6%, China 4.6% (2016).

      8.  Major Import Partner: US 28.4%, Malaysia 24%, Singapore 7.1%, Brunei  5.7%, Japan 5.3%, China 4.9%, Australia 4.3% (2016).

 

Bangladesh-Brunei Bilateral Trade Statistics

                             (Value in million US $)

Year

Export

Import

Trade Ratio

2008-09

0.103

0.43

1: 4.17

2009-10

0.090

0.46

1: 5.11

2010-11

0.097

6.03

1: 62.16

2011-12

0.191

0.25

1:1.31

2012-13

0.37

.012

1:0.33

2013-14

0.55

.36

1:0.65

2014-15

0.67

18.65

1:27.83

2015-16

1.235

3.103

1:2.51

2016-17

1.222

 

 

Source: Import Payment, Bangladesh Bank & Export Statistics, Export Promotion Bureau & Bangladesh Bank

Major Export Items in 2016-17 (In million US $):

Woven Garments (.008); Knitwear (.016); Agri.Products (1.132); Leather & Leather Pro. (0.005); Jute goods (.042); others (.019).

Major Import Items in 2015-16 (In million US $):

Mineral products (18.471); Products of the chemical or allied industries (0.0 16); Plastics and articles thereof; rubber and articles thereof (0.007); Textiles and textile articles (0.043); Articles of Stone, Plaster, Cement, Asbestos, Mica or Similar Materials; Ceramic Products; Glass and Glassware (.020); Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (0. 130); Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (0.130); Vehicles, Aircraft, Vessels and Transport Equipment (2.886).

Potential area of cooperation

·         Bangladesh and Brunei can joint invest in RMG and Pharmaceutical Sector

·         Encourage and welcome joint efforts to expand the cooperation in Development of Leather and agri-business specially Fresh vegetable and Halal food (Meat);

·         Extend collaboration in trade and investment and to create favourable conditions for businesses to take part in fairs, exhibitions and seminars to be organized in the respective countries;

·         Develop collaboration in telecommunication sector and energy sector like Oil and Gas;

·         Bilateral chamber cooperation agreement and MoU signing;

·         Extend collaboration in trade and investment and to create favourable conditions for businesses to take part in fairs, exhibitions and seminars to be organized in the respective countries;

·         Joint Study/ Research for identifying potential sector for investment;

·         Organize and exchange visits of trade missions.

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            Value in million Tk.

           (Value in Million US $)

Year

Export

Import

Trade Ratio

 

2006-07

1508.31

(21.85)

14813.00

(214.68)

 

1:9.82

2007-08

1072.22

(15.63)

34295.64

(499.94)

 

1: 31.98

2008-09

2704.39

(39.31)

36445.00

(529.72)

 

1:13.47

2009-10

 

1419.57

(20.52)

43815.90

(633.36)

 

1:30.86

2010-11

2439.88

(34.22)

73572.8

(1033.76)

 

1: 30.20

2011-12

4068.113

(51.43)

68919.9

(871.30)

 

1: 16.94

2012-13

7543.65

(94.39)

86354

(1087)

 

1:11.52

2013-14

 

3079.11

(39.62)

57620.7

(742.24)

 

1:18.73

2014-15

2544.39

(32.76)

53245.4

(685.53)

 

1: 20.93

2015-16

(35.15)

(668.941)

 

2016-17

(48.57)

(781.58)

 

2017-18

(38.14)

(1194.249)

 

 

Major Export Items in 2017-18 (In million US $):

Woven Garments (14.09), Knitwear (11.23), Home Textile (2.37), Agri-Products (1.39), Frozen Food (.039), Leather & Leather product (0.28), Footwear (0.191), Raw Jute (0.12), Jute goods (.94), Others (4.81).

 

Major Import Items in 2017-18 (In million US $):

 Plastics and articles thereof (140.2), Salt, sulphur, earths and stone, plastering materials, lime and cement (103.9), Man – made staple fibres (57.0), Nuclear reactor, boilers, machinery and mechanical appliances; parts thereof (49.3), Cotton (all types), cotton yarn / thread and cotton fabrics (30.8), Tanning or dyeing extracts, tannins and their derivatives, dyes, pigments and other colouring matter, paints and varnishes, putty and other mastics, inks (25.3), Vehicles other than railway or tramway rolling -stock etc. (20.0), Rubber and articles thereof (18.7), Lead and articles thereof (16.7), Man-made filaments; strip and the like of manmade textile meterials (16.1), Paper and paper board, articles of paper pulp, of paper or of paperboard (15.9), Miscellaneous chemical products (15.7), Residues and waste from the food industries (14.4), Ships, boats and floating structures (14.2), Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (13.8), Products of the milling industry; malt; starches; inulin; wheat gluten (12.9), Articles of iron or steel (10.9), Mineral fuels, mineral oils and products of their distillation, bituminous substances, mineral waxes (10.6), Copper and articles thereof (10.6), Soap, organic surf-active agents, lubricating etc. (8.8), Organic chemicals (6.8), Others (71.9).

 

Source: Import Payment: Bangladesh Bank &

Export Statistics: Export Promotion Bureau

Prepared by: Harunur Rashids, AS, R&D, DCCI, Research

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Trade Fact Sheet: Indonesia

 

      1.  The Economic Structure of Indonesia

 

GDP

1.092 trillion US$ (2018 est. Nominal)

GDP Per Capita

4,116 US$

Income Level

Middle income

GDP Growth Rate

5.2% (2017 est.)

Inflation

4% (2017 est.)

FDI inflow

111.7 billion US$ (31 December 2017 est.)

 

 

      2.  Trade Indicators of Indonesia

Exports of goods and services

157.8 billion US$ (2017 est.)

Imports of goods and services

142.3 billion US$ (2017 est.)

Ease of Doing Business Index

72

 

      3.  Key Industries: petroleum and natural gas, textiles, automotive, electrical appliances, apparel, footwear, mining, cement, medical instruments and appliances, handicrafts, chemical fertilizers, plywood, rubber, processed food, jewelry, and tourism.

      4.  Key Agriculture Sector: rubber and similar products, palm oil, poultry, beef, forest products, shrimp, cocoa, coffee, medicinal herbs, essential oil, fish and its similar products, and spice.

      5.  Major Export Product: mineral fuels, animal or vegetable fats (includes palm oil), electrical machinery, rubber, machinery and mechanical appliance parts.

      6.  Major Import commodities: mineral fuels, boilers, machinery, and mechanical parts, electric machinery, iron and steel, foodstuffs.

      7.  Major Export Partner: China 11.6%, US 11.2%, Japan 11.1%, Singapore 7.8%, India 7%, Malaysia 4.9%, South Korea 4.8% (2016).

      8.  Major Import Partner: China 22.9%, Singapore 10.8%, Japan 9.6%, Thailand 6.4%, US 5.4%, Malaysia 5.4%, South Korea 5% (2016).

      9.  Bangladesh-Indonesia Bilateral Trade Statistics

                (Value in Million US $)

Year

Export

Import

Trade Ratio 

2008-09

 22.3

 508.34

1: 22.8

2009-10

 45.58

 665.40

1: 14.6

2010-11

 29.48

 842.99

1: 28.59

2011-12

 25.24

1228.15

1:48.66

2012-13

 50.82

1054.7

1:20.75

2013-14

 56.528

1105.49

1:19.55

2014-15

 39.489       

 1397.46

1:35.39

2015-16

43.361

1235.51

1:28.49

2016-17

46.389

 

 

   Source: Import Statistics: Bangladesh Bank & Export Statistics: Export Promotion Bureau 

10.  Major Export Items in 2016-17 (In million US $): 

Woven garments (6.773), Knitwear (7.024), Home Textile (0.06), Agri-Products (0.617), Leather and Leather Product (0. 281), Footwear (0.072), Raw Jute (0.696), Jute goods (25.937), others (4.983)

 

11.  Major Import Items in 2015-16 (In million US $):

 Live Animals and Animal Products (0.152); Vegetable Products (39.094); Animal or vegetable fats oils and their cleavage products: prepared edible fats: animal or vegetable waxes (626.05); Prepared foodstuff, Tobacco and manufactured tobacco (3.861), Mineral Products (143.027); Products of the Chemical or Allied Industries (48.787); Plastics & Rubber Articles Thereof (56.864); Raw Hides and Skins, Leather and Articles Thereof; Saddlery and Harness; Travel Goods, Handbags and Similar Containers; Articles of Animal Gut (0.685); Pulp of wood or of other fibrous material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (136.052); Textiles & Textile Articles (145.734); Footwear, Hradgear, Umbrellas, Sun Umbrellas, Walking Sticks, Seat-Sticks, Whips, Riding- Crops and Parts Thereof Etc (0.193); Articles of Stone, Plaster, Cement, Asbestos, Mica or Similar Materials; Ceramic Products (2.360); Base Metals & Articles of Base Metal (16.311); Machinery and mechanical appliance electrical equipment; parts thereof (7.030); Electrical machinery and equipment an parts thereof; sound recorders and reproducers television image and sound recorders (4.488); Vehicales, Aircraft, Vessels and Transport Equipment (7.644); Others (1.323).   

 

12.  Possible area of Cooperation:

·         Joint effort to explore business opportunity in Textile and Pharmaceuticals sector;

·         Encourage and welcome joint efforts to expand the cooperation in Development of Leather and Chemical sector;

·         Bilateral chamber cooperation agreement and MoU signing;

·         Extend collaboration in trade and investment and to create favourable conditions for businesses to take part in fairs, exhibitions and seminars to be organized in the respective countries;

·         Encourage Joint Venture in manufacturing Machinery, electrical equipment electrical and electronic products;

·         Joint Study/ Research for identifying potential sector for investment;

·         Organize and exchange visits of trade missions.

Value in Million Taka (Value in Million US $)Download

Year

Export

Import

Trade Ratio

2005-06

791.00(11.79)

22285.00(332.21)

1: 28

2006-07

1167.30(16.91)

23071.70(334.23)

1: 20

2007-08

1662.90(24.17)

30936.70(449.66)

1: 18.60

2008-09

2160.20(31.28)

47761.00(691.59)

1: 22.10

2009-10

4287.77(61.98)

85235.1(1232.07)

1: 19.87

2010-11

3122.23(43.87)

125717.2(1766.44)

1:40.27

2011-12

4439.09(56.12)

110688.6(1399.35)

1:24.93

2011-12

4439.09(56.12)

110688.6(1399.35)

1:24.93

2012-13

8000.79(100.11)

152325(1902.1)

1:19

Major Export Items in 2012-13 (In million US $):

Frozen Food (1.315), Agree-products (21.485), Tea (0.007), Chemical Products (0.68), Leather (0.03), Raw Jute (0.034), Jute Goods (0.896), Knitwear (44.608), Woven Garments (24.586), Others (6.471).

Major Import Items in 2010-11 (In million US $):

Live animals; animal products (0.855), Vegetable products (4.095), Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (136.865), Prepared foodstuffs; beverages, sprits and vinegar; tobacco and manufactured tobacco substitutes (9.652), Mineral products (1198.563), Products of the chemical or allied Industries (50.79), Plastics and articles thereof; rubber and articles thereof (84.915), Raw hides and skins, leather, furskins and articles thereof; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut) (0.049), Wood and articles of wood; wood charcoal; cork and articles of cork; manufactures of straw, of esparto or of other plaiting materials; basket ware and wickerwork (3.621), Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (6.443), Textiles and textile articles (37.069), Footwear, headgear, umbrellas, sun umbrellas, walking sticks, seat-sticks, whips, riding-crops and parts thereof; prepared feathers and articles made there with; artificial flowers; articles of human hair (0.362), Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware (1.08), Base metals and articles of base metal (70.5), Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (126.078), Vehicles, aircraft, vessels and associated transport equipment (1.8), Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; clocks and watches; musical instruments; parts and accessories thereof (3.265), Miscellaneous manufactured articles (2.887)

Trade Fact Sheet: Philippine

1. The Economic Structure of Philippine

GDP

$313.6 billion (2017 est.)

2. Trade Indicators of Philippine

Exports of goods and services

$48.2 billion (2017 est.)

Imports of goods and services

$89.39 billion (2017 est.)

3. Key Industries: semiconductors and electronics assembly, food and beverage manufacturing, construction, electric/gas/water supply, chemical products, radio/television/communications equipment and apparatus, petroleum and fuel, textile and garments, non-metallic minerals, basic metal industries, transport equipment

4. Key Agriculture Sector: Rice, fish, livestock, poultry, bananas, coconut/copra, corn, sugarcane, mangoes, pineapple, cassava etc.

5. Major Export Product: semiconductors and electronic products, machinery and transport equipment, wood manufactures, chemicals, processed food and beverages, garments, coconut oil, copper concentrates, seafood, bananas/fruits.

6. Major Import commodities: electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic.

Financial Year

Export in million USD

 Import in million USD

2014-15

29.44

12.59

2015-16

40.44

29.98

2016-17

45.11

10.57

2017-18

47.03

18.246

2018-19

74.04

NO data

Major Export Items in 2018-19 (In million US $): Woven Garments (15.754), Knitwear (14148), Home Textile (0.32), Agri-Products (5.98), Leather (0.079), footwear (0.035), Raw Jute (0.098), Jute goods (0. 156), Pharmaceutical 6.604, Others(3.86)

Major Import Items in 2017-18 (In million US $): Vegetable products (0.368), Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (0. 255), Prepared foodstuffs; beverages, sprits and vinegar; tobacco and manufactured tobacco substitutes (2.071), Mineral products (13.016), Products of the chemical or allied industries (1.563), Plastics and articles thereof; rubber and articles thereof (1.148), Raw hides and skins, leather, furskins and articles thereof; saddler and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut) (0.195), Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (0.243), Textiles and textile articles (0.57), Base metals and articles of base metal (8.004), Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (2.918), Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; clocks and watches; musical instruments

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Trade Fact Sheet: Vietnam

      1.      The Economic Structure of Vietnam

GDP

215.82 billion US$ (2017est.) nominal

Population

96.16 Million (2017 est.)

Income Level

Middle income

GDP Growth Rate

6.2% 2016

Inflation

2.7% (2016 est.)

FDI inflow

24.4 billion US$ (31 December 2016 est.)

Total Export

176.6 billion US$ (2016 est.)

Total Import

162.6 billion US$ (2016 est.)

 

      2.      Major Export Partner of Vietnam

US 20.2%, China 14.2%, Japan 8.2%, South Korea 6.2% (2016)

      3.      Major Import Partner of Vietnam

China 25.1%, South Korea 17.5%, Japan 7.9%, US 6%, Thailand 4.7% (2016)

       4.      Export Product: clothes, shoes, electronics, seafood, crude oil, rice, coffee, wooden products, machinery

       5.      Import Product: machinery and equipment, petroleum products, steel products, raw materials for the clothing and shoe industries, electronics, plastics, automobiles

      6.      Major Agricultural product:

Rice, coffee, rubber, tea, pepper, soybeans, cashews, sugar cane, peanuts, bananas; pork; poultry; seafood

      7.      Major Industrial product:

Food processing, garments, shoes, machine-building; mining, coal, steel; cement, chemical fertilizer, glass, tires, oil, mobile phones.

 

Bangladesh-Vietnam Bilateral Trade Statistics

                                                                                                                 (Value in Million US$)

Year

Export

Import

Trade Ratio

 

2009-10

37.20

42.53

1: 1.14

2010-11

 58.69

461.52

1: 7.86

2011-12

 44.50

 300.30

1: 6.75

2012-13

 38.24

 349.1

1:9.13

2013-14

55.96

 582.23

1:10.04

2014-15

52.6

599.64

1:11.4

2015-16

 65.05

387.65

1:5.96

2016-17

 66.45

688.00

 

2017-18

55.670

417.00

 

2018-19

53.47

 

 

 Source: Import Payment, Bangladesh Bank & Export Statistics, Export Promotion Bureau & Bangladesh Bank

      8.      Major Export Items in 2016-17 (In million US$):

Woven Garments(.44); Knitwear (.47); Home Textile (.021); Agri.Products (16.77); Frozen & Live Fish (10.92); Leather & Leather Pro. (13.77); Footwear (.001); Raw Jute (1.29); Jute goods (8.73); Others (14.06).

  9.      Major Import Items in 2015-16 (In million US$):

Live animals; animal products (0. 858), Vegetable products (7.574), Animal or vegetable fats and oils etc. (4.618), Prepared foodstuffs (4.503), Mineral products (208.680), Products of the chemical or allied industries (16.215), Plastics and rubber articles thereof (16.700), Raw hides and skins, leather and articles (0.119), Wood and articles of wood (1.858), Pulp of wood (3.688), Textiles and textile articles (54.564), Footwear, headgear (0.235), Articles of stone, plaster, cement, asbestos etc. (0. 452), Base metals and articles of base metal (17.007), Machinery and mechanical appliances; electrical (44.957), Vehicles, aircraft, vessels and associated transport equipment (0. 872), Miscellaneous manufactured articles (4.606).

    10.    Possible area of Cooperation:

  • Joint effort to explore business opportunity in agriculture and fisheries sectors;
  • Encourage and welcome joint efforts to expand the cooperation in the areas like Skill Development, Tourism, Pharmaceuticals, ICT and Shipbuilding;  
  • Extend collaboration in trade and investment and to create favourable conditions for businesses to take part in fairs, exhibitions and seminars to be organized in the respective countries;
  • Encourage Joint Venture in manufacturing electrical and electronic products;
  • Organize and exchange visits of trade missions;
  • Joint Study/ Research for identifying potential sector for investment. 

Value in Million Taka (Value in Million US $)Download

Year

Export

Import

Trade Ratio

2005-06

5694.03(84.72)

56970.00(847.64)

1: 10.00

 

2006-2007

6322.44(91.55)

71360.00(1033.30)

1: 11.28

 

2007-08

8481.70(123.64)

87329.99(1273.03)

1: 10.29

 

2008-09

4846.27(70.44)

121658.4(1768.29)

1: 25.10

 

2009-10

5536.47(80.03)

107276.04(1550.68)

1: 19.37

 

2010-11

8087.27(113.41)

92125.39(1291.90)

1: 11.39

 

2011-12

14177.09(179.23)

135230.3(1709.61)

1: 9.54

 

2012-13 12466.72(155.99) 113620(1421.9) 1:9.12

Major Export Items in 2012-13 (In million US $):

Frozen Food (1.24), Agri-Products (9.303), Chemical products (0.613), Leather (0.205), Raw Jute (0.062), Knitwear (17.671), Woven Garments (16.493), Others (110.412).

Major Import Items in 2010-11 (In million US $):

Live animals; animal products (0.632), Vegetable products (46.909), Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (55.714), Prepared foodstuffs; beverages, sprits and vinegar; tobacco and manufactured tobacco substitutes (42.684), Mineral products (356.224),  Products of the chemical or allied industries (133.139), Plastics and articles thereof; rubber and articles thereof (66.294), Raw hides and skins, leather, furskins and articles thereof; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut) (0.05), Wood and articles of wood; wood charcoal (8.104), Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (35.514), Textiles and textile articles (60.72), Footwear, headgear, umbrellas, sun umbrellas, walking sticks, seat-sticks, whips, riding-crops and parts thereof; prepared feathers and articles made there with; artificial flowers; articles of human hair (0.267), Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware (0.618),  Base metals and articles of base metal (72.293), Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (294.613), Vehicles, aircraft, vessels and associated transport equipment (21280), Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; clocks and watches; musical instruments; parts and accessories thereof (12.045), Arms and ammunition; parts and accessories thereof (0.069), Miscellaneous manufactured articles (1.303), Works of art, collectors' pieces and antiques (0.012).

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           Value in Million Tk.

                                                                                                       (Value in Million US $)

Year           

Export  

Import        

Trade Ratio

2010-11

688.14

(9.65)  

12847

(180.16)

 1: 18.67

2011-2012

1063.97

(13.45)

5161.5

(65.25)

1: 4.85

2012-2013

1092.51

(13.67)

6703

(84)

1:6.14

2013-2014

1319.55

(16.097)

5872.04

(71.63)

1:4.45

2014-2015

2114.79

(25.798)

2445.42

(31.49)

1:1.23

2015-2016

3133.58

(38.23)

3033901

(38.75)

1:1.02

2016-2017

1945.59

(23.74)

 

 

Source: Bangladesh Bank & Export Promotion Bureau

Major export items from Bangladesh (2016-17) (value in million US$)

Woven Garments $.26, Knitwear $ 2.72, Home Textile $.67, Agri. Products $.597, Frozen Food $0 .41, Leather & Leather Pro. $ 0.27, Footwear $0.05, Jute goods $ 0.62 and other 18.74.

Major import items into Bangladesh (2015-16) (value in million US$)

Live Animals and Animal Products $.5.7, Vegetable Products $17.69, Edible vegetable and certain roots $9.94, Edible fruit nuts; peel of citrus fruits $ 3.0, Coffee, tea, mate and spices $ 4.09, Oil seeds and oleaginous fruits $0.34, Vegetable plaiting materials $.27, Prepared foodstuffs; Beverages $0.71, Wood and Articles of Wood; Wood $15.0, Footwear and Umbrellas $0.45, Machinery and mechanical appliance $0.30, Nuclear reactors, boilers, machinery $0.30, Miscellaneous Manufactured Articles $0.93 etc.

Probable Trade Potentials between Bangladesh and Myanmar

  • Establishment of a smooth channel of financial transactions as well as building direct road and air links between the two countries and signing of an inland water transport protocol.
  • Bangladesh can proceed with Myanmar in joint investment to build a hydroelectric project from where electricity could be supplied to Bangladesh.
  • It can also set up a fertilizer plant under a joint investment where Myanmar might supply natural gas.
  • Import Natural Gas from Myanmar.
  • In 2011, Prime Minister Sheikh Hasina signed an agreement on the establishment of a Joint Commission for bilateral cooperation between the Bangladesh and Myanmar.  It can be proactive for enhancing trade and solving disputable issues.
  • Expand trade and investment by utilizing the Memorandum of Understanding on the establishment of a Joint Business Council (JBC) between the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

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