Exports to India hit 4yr low, China boom

[idune]

Good, good, good.

Since China has allowed duty free access to over 4,000 BD products , exports have risen from 178 million dollars to 746 millon dollars in just 4 years. !

Even China had given Bangladesh duty free access, india installed Awami League regime did not accept Chinese offer yet. If Chinese offer of duty free access was taken Bangladesh export could have been way more than billion dollars. $746 million without using Chinese duty free facility.

 

[UKBengali]

Even China had given Bangladesh duty free access, india installed Awami League regime did not accept Chinese offer yet. If Chinese offer of duty free access was taken Bangladesh export could have been way more than billion dollars. $746 million without using Chinese duty free facility.

True, true , true.

But great news that exports to China are rocketing. BD needs a large export market in China to lessen the importance of the West, which will allow it greater independence in its foreign policy when the Indians are expelled from BD for good.

 

[jaunty]

Good news, we don't need Bangladeshi lungis.

 

[cirr]

Well done。

Now make sure that the figure for next year is north of 1 billion USD。

 

[Zabaniyah]

Not surprising. Even after all the fancy shows about promoting exports to India.

India hasn't been a attractive market for Bangladeshi exporters. And probably remain that way for quite sometime. Though, that is not to say that it is so just because India is "poor" or something.

Even without the AL, the result would have been the same.

There are many factors for this.

 

[Mr.S.Singh]

Exports to India hit 4yr low, China boom

July 14, 2014 12:14

Export earnings from India hit four-year low at $456.63 million in the just concluded financial year 2013-14 while the exports to China skyrocketed by 62.85 per cent in the fiscal year.
Experts and exporters said that the export to India witnessed a decreasing trend due to non-tariff barriers and devaluation of the currency of the country.
On the other hand the export to China is booming as the country is moving towards high-end products from basic products and extended zero-tariff excess to Bangladeshi products. According to the Export Promotion Bureau data, the export earnings from India posted a 19.03-per cent negative growth from $563.96 million of the FY 2012-2013.
The export earnings from China increased to $746.19 million in the FY14 from $458.18 million reading on the incredible growth of exports of RMG and leather and leather products, the EPB data showed.

- See more at: Exports to India hit 4yr low, China boom

Because Fm increased Tariff duties,
Import duty on cars jumped from 80% to 160% for CBU cars, and CKD cars also, which forces luxuries car maker to setup plants and increase localization of components

there are plenty such jumps, look at 2011-12, 2012-13 , 2013-14 financial budgets and import duty jumps
Its good that India's imports less, saves us dollar reserves, in the same time we should focus on local production

US, EU and China have greater power than india and can force india to oblige in fair trade. Even then india is identified as one of the worse practitioner of trade barriers.

Look at anti-dumping duty these country enforce when your product reaches their ports.
All countries do it for their economic interest. I am happy India enforces such duties

Not surprising. Even after all the fancy shows about promoting exports to India.

India hasn't been a attractive market for Bangladeshi exporters. And probably remain that way for quite sometime. Though, that is not to say that it is so just because India is "poor" or something.

Even without the AL, the result would have been the same.

There are many factors for this.

Because india tries to protect its domestic industries, esp textile, currently our textile is in a turn around stage where the production houses are planning upgrades and cotton farming needs a relook
Important stage to harness their growth

What indian policy to increase manufacturing capability has to do with trade barrier and fraud india used against smaller countries? Again, I am not sure what level of education and understanding you have but you sure can use some.

simple increase local manufacturing, 600 million Indians need to be uplifted sir, we need more and more local manufacturing that aim at export or local consumption

Every un-required import kills jobs

 

[Zabaniyah]

Because india tries to protect its domestic industries, esp textile, currently our textile is in a turn around stage where the production houses are planning upgrades and cotton farming needs a relook
Important stage to harness their growth

There wasn't any question posed in the post, and yet out of your ignorance, you answered to a question that is non-existent.

 

[Mr.S.Singh]

There wasn't any question posed in the post, and yet out of your ignorance, you answered to a question that is non-existent.

its difficult for someone of your intellectual standard to understand the implication of import tariff and its usefullness too boost domestic industry.

 

[Zabaniyah]

its difficult for someone of your intellectual standard to understand the implication of import tariff and its usefullness too boost domestic industry.

Then it's easy to see your ignorance.

Nonetheless, I did not debate any of your points. You simply responded to something which never called for anything from your end.

 

[Mr.S.Singh]

Then it's easy to see your ignorance.

Nonetheless, I did not debate any of your points. You simply responded to something which never called for anything from your end.

i responded to a question posed on why India imposes tariff barriers, which involves my country

So by your argument, the question will be asked by you, answer would be given by you, everyone claps n goes home ehh ?

 

[Zabaniyah]

i responded to a question posed on why India imposes tariff barriers, which involves my country

The only problem is I didn't.

So by your argument, the question will be asked by you, answer would be given by you, everyone claps n goes home ehh ?

Not at all.

Only thing being that you didn't even need to reply to me in the form of some tall lecture. You were not wrong, just ignorant or probably insensitive in regards to how you correspond with people.

 

[Mr.S.Singh]

The only problem is I didn't.



Not at all.

Only thing being that you didn't even need to reply to me in the form of some tall lecture. You were not wrong, just ignorant or probably insensitive in regards to how you correspond with people.

whats being ignorant about it ?? There is a reason for the step
Half of bangladeshi are bashing India to be protective, i am sorry if my reasoning offended you in anyway

 

[Zabaniyah]

whats being ignorant about it ?? There is a reason for the step
Half of bangladeshi are bashing India to be protective, i am sorry if my reasoning offended you in anyway

No problem.

 

[zip]

Happy to see lesser import..i would have been sad if we exported less to any other country but oh this is bangla section and op is ic

 

[extra terrestrial]

Because Fm increased Tariff duties,

It's not about tariff duties, according to the exporters the main concern is the non tariff barriers that prevents the Bangladeshi export to India to increase. However, those barriers are non-existent when Indian products are exported to Bangladesh.