GDP 226 billion USD, Per Capita 1401 $

[TopCat]

Total services (incl IT and BPO) are much less than our merchandise goods exports (even less than our manufactured exports). Combining all goods and services (not just IT and BPO) its about 500 billion dollars in exports. Still a fraction of our entire economy.

But good to know we export around 2 to 3 times the entire Bangladesh GDP....and thats still just a quarter to a fifth of our total output.

Combining IT/BPO your total export is 260 billion this year. If you take that out you have nothing really left to talk about from a country of 125 crore people. 2nd highest export earners are petroleum reexport products. 3rd highest jewellery which is again fraction of value addition reexport.

Only BPO/Software keeping India afloat which has 100% value addition and employing most of the graduates. Without it India will default tomorrow and disintegrate day after tomorrow.

Thank You.. Dont come back with bullcrap.

 

[Nilgiri]

Combining IT/BPO your total export is 260 billion this year. If you take that out you have nothing really left to talk about from a country of 125 crore people. 2nd highest export earners are petroleum reexport products. 3rd highest jewellery which is again fraction of value addition reexport.

Only BPO/Software keeping India afloat which is 100% value addition and employing most of the graduates. Without it India will default tomorrow and disintegrate day after tomorrow.

Thank You.. Dont come back with bullcrap.

Interesting how I provide sources but you dont. And you accuse me of giving bullcrap. I'm sure any intelligent observer of this thread will see the difference in what you claim and what I prove with sources. It also explains why India files 3300+ patents at the USPTO and Bangladesh only 2 .

Anyways. no idea where you get this 260 billion figure from.

http://www.dnaindia.com/money/repor...-grow-slower-at-10-12-in-fy17-nasscom-2174188

This year it will be around 100 billion in IT-BPO exports and total revenue of 143 billion USD.

And you are talking about value addition like your RMG is such a shining beacon of an example. Mr. 40% poverty rate is butthurt.

 

[TopCat]

Interesting how I provide sources but you dont. And you accuse me of giving bullcrap. I'm sure any intelligent observer of this thread will see the difference in what you claim and what I prove with sources. It also explains why India files 3300+ patents at the USPTO and Bangladesh only 2 .

Anyways. no idea where you get this 260 billion figure from.

http://www.dnaindia.com/money/repor...-grow-slower-at-10-12-in-fy17-nasscom-2174188

This year it will be around 100 billion in IT-BPO exports and total revenue of 143 billion USD.

And you are talking about value addition like your RMG is such a shining beacon of an example. Mr. 40% poverty rate is butthurt.

Because you dont know how to read your own source and you dont know much about your own country. My data is 100% correct and you can ask around.

 

[Nilgiri]

Because you dont know how to read your own source and you dont know much about your own country. My data is 100% correct and you can ask around.

Yah 100% correct data with no source.

Bangladeshi 2 patents a year logic.

The figures will be around 270 billion for merchandise/goods (visibles) exports this year if thats what you mean by 260 billion.

Service exports/invisibles (where IT-BPO are included) are NOT included in that figure.

 

[TopCat]

Yah 100% correct data with no source.

Bangladeshi 2 patents a year logic.

I am not providing it as it is a readily available data. Just google around, and I know you already did.

Yah 100% correct data with no source.

Bangladeshi 2 patents a year logic.

The figures will be around 270 billion for merchandise/goods (visibles) exports this year if thats what you mean by 260 billion.

Service exports/invisibles (where IT-BPO are included) are NOT included in that figure.

.. dude you came back again???? wow
thats the glitch dude.. thats the glithc. LOL

Thats what is your total export including BPO/IT and is called merchandise as well.
Poor baby.

 

[Homo Sapiens]

Sticking to just appliances:

http://www.dnaindia.com/money/repor...y-lg-more-ramp-up-production-capcaity-2157175

Does Bangladesh have such companies factories?

Or its just walton chinese-sourced assembly....with total yearly revenue of under 500 million USD?

Basically if a Bangladeshi consumer wants a non-Walton product, they have to import.....and it will probably be from India . Hence a large part of the trade deficit.

I mean how long till Bangladesh gets some variety in locally produced appliances? Thats what I mean by 10 years or more behind.

Price levels and purchasing power parity (since we do not buy anything inside the country in US dollars, neither are the products at US price levels).

Theres a reason why Bangladeshis rely on used throw away cars from Japan to the tune of 80% of private cars (as small as the car market is in Bangladesh) whereas India actually now exports cars to Japan.

If we bring in PPP (i.e look at actual consumption volumes more....how many units of appliances, energy, housing, food etc.. are consumed per capita)....India will end up having per capita industrial output more than double or triple that of Bangladesh....which sounds way more along the lines of what we see on the ground.

BTW, if you want to make fun of small cars, you can make fun of the Japanese too then and say they are cheap as well...since thats where the kei car originated.

But first you must develop an actual consumer base for cars in the first place to be taken seriously. You really think Bangladesh if it ever gets around to manufacturing cars, will be making large sedans for its overpopulated and traffic jammed streets?



Tell me. How reliant are we:

http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Language=E&Country=IN

http://timesofindia.indiatimes.com/...h-82-billion-in-FY15/articleshow/50095779.cms

Total services (incl IT and BPO) are much less than our merchandise goods exports (even less than our manufactured exports). Combining all goods and services (not just IT and BPO) its about 500 billion dollars in exports. Still a fraction of our entire economy.

But good to know we export around 2 to 3 times the entire Bangladesh GDP....and thats still just a quarter to a fifth of our total output.

Bangladesh have per capita gdp 80 percent on nominal and 60 percent on ppp relative to India.I think this gap can be explained by some imported luxury goods which are many times coslty in BD compared to domestically produced Indian one.Land price differential may also come to play but I am not sure about that.But the reality is, 90 percent income in 90 percent household in the sub continent is spent on vital necessities like food,clothing,housing,education and transport.And in this areas,BD is somewhat cheaper than India.So 90 percent of our lower and middle income population are well of then Indian.

I must agree Indian rich folks can get more luxurious goods then us as they buy them from local manufacturers.And that's account for larger ppp gap.

 

[Nilgiri]

Thats what is your total export including BPO/IT and is called merchandise as well.
Poor baby.

OK let me make it really clear so someone as low IQ as you can understand:

WTO trade profile:

http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Language=E&Country=IN

You see that section called MERCHANDISE TRADE?

Do you see how the export % are broken up?

13.5% Agricultural
23.3% Fuel and mining products
62.3% Manufactures

All add up to 100% (Tell me where IT-BPO can be included in any of these categories?)

You will obviously then see a whole seperate section called COMMERCIAL SERVICES TRADE

You can see about 75% of this is other commercial services (mostly IT-BPO)...rest split between transport and travel.

The total values for 2014 for India were:

Merchandise (goods) Trade: 321.6 billion USD

Services Trade: 155.6 billion USD

Total Goods + Services Trade = 321.6 + 155.6 = 477.2 Billion USD

Now let us confirm with World Bank:

http://data.worldbank.org/indicator/NY.GDP.MKTP.CD

http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS

India GDP in 2014 was 2.05 trillion

Goods and services exports as % of economy was: 23.2%

.232 * 2050 = 476 billion USD

Hopefully a twit like you has learned something today. Goods (Merchandise) trade does not include Services trade.

 

[TopCat]

OK let me make it really clear so someone as low IQ as you can understand:

WTO trade profile:

http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Language=E&Country=IN

You see that section called MERCHANDISE TRADE?

Do you see how the export % are broken up?

13.5% Agricultural
23.3% Fuel and mining products
62.3% Manufactures

All add up to 100% (Tell me where IT-BPO can be included in any of these categories?)

You will obviously then see a whole seperate section called COMMERCIAL SERVICES TRADE

You can see about 75% of this is other commercial services (mostly IT-BPO)...rest split between transport and travel.

The total values for 2014 for India were:

Merchandise (goods) Trade: 321.6 billion USD

Services Trade: 155.6 billion USD

Total Goods + Services Trade = 321.6 + 155.6 = 477.2 Billion USD

Now let us confirm with World Bank:

http://data.worldbank.org/indicator/NY.GDP.MKTP.CD

http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS

India GDP in 2014 was 2.05 trillion

Goods and services exports as % of economy was: 23.2%

.232 * 2050 = 476 billion USD

Hopefully a twit like you has learned something today. Goods (Merchandise) trade does not include Services trade.

Go and ask your government why your government categorize that as industry instead of service. And ask your BPO/IT owners why they pressed hard your government to recognize them as so.
You are really a fool. Go and read the service import data. Then you will know, what services it meant for.

 

[Nilgiri]

So 90 percent of our lower and middle income population are well of then Indian.

Fundamentally flawed and wrong. Just compare the poverty rates of both countries. You make a bold claim that many things are cheaper in Bangladesh without any backing or source. Its well known that basic resources are much cheaper in India given their higher supply and accessibility. Thats the very reason the PPP is so much higher in India than Bangladesh.

Price levels are not skewed by the rich, they are skewed by the overall consumption pattern of a society which will be dominated by the lower and middle income strata.

Its not just the rich and middle class in India that benefit, the poor benefit from lower price levels too of the consumables that matter most to them.

If you want we can compare food prices:

http://www.numbeo.com/food-prices/country_result.jsp?country=India&displayCurrency=USD

http://www.numbeo.com/food-prices/country_result.jsp?country=Bangladesh&displayCurrency=USD

Thats already about a 30% higher expense on average for a Bangladesh consumer compared to an Indian one for the same amount of items.

I bet it will be similar for electricity, cement, land (on average)....you name it.

You can actually compare some other stuff in that site.

Like the same VW Golf Car in Bangladesh costs 3 times what it does in India. Petrol is more expensive in B'desh considerably....pretty much everything I can find is more expensive in Bangladesh overall (travel, general cost of living etc)

Thats why Bangladesh PPP multiplier ends up being much lower than India. It will naturally extend to industrial production as well though the degree to which that occurs will have to be further analysed (we will have to compare warehouse prices of industrial items).

Go and ask your government why your government categorize that as industry instead of service. And ask your BPO/IT owners why they pressed hard your government to recognize them as so.
You are really a fool. Go and read the service import data. Then you will know, what services it meant for.

You keep showing why Bangladesh is capable of producing just 2 patents a year. Keep it up.

Its called the service industry for a reason moron.

An industry can produce services as well. Industry does not have to mean exclusively goods production.

Hence words like tourism industry, finance industry, travel industry etc etc

 

[TopCat]

Bangladesh have per capita gdp 80 percent on nominal and 60 percent on ppp relative to India.I think this gap can be explained by some imported luxury goods which are many times coslty in BD compared to domestically produced Indian one.Land price differential may also come to play but I am not sure about that.But the reality is, 90 percent income in 90 percent household in the sub continent is spent on vital necessities like food,clothing,housing,education and transport.And in this areas,BD is somewhat cheaper than India.So 90 percent of our lower and middle income population are well of then Indian.

I must agree Indian rich folks can get more luxurious goods then us as they buy them from local manufacturers.And that's account for larger ppp gap.

YOu are wasting your time with this guy. This guy knows nothing. You give him a data and he just start searching google and try to equate with some other data of complete different connotation.

Don't give reference to this website.It is done with the western consumer in head.Go to the basic.Tell me the cost of most vital 10 basic need in India in rupee terms.I think these cost 80-90 percent budget of an average family.
1.Rice/Wheat
2.Milk
3.Egg
4.Fish
5.red meat/Poultry
6.Clothing
7.House rent
8.electricity per unit
9.Transport cost
10.School/college/University fees.

This guy does not even know what is the export volume and its composition in his country. And you are expecting a rational reply for him for a complex matter as PPP?

 

[Nilgiri]

YOu are wasting your time with this guy. This guy knows nothing. You give him a data and he just start searching google and try to equate with some other data of complete different connotation.



This guy does not even know what is the export volume and its composition in his country. And you are expecting a rational reply for him for a complex matter as PPP?

Let me really dumb down the difference between a good and service for you:

http://www.socialstudiesforkids.com/articles/economics/goodsandservices1.htm

Are you smarter than a kid?

Will a nation of only kids produce more patents than Bangladesh?

 

[TopCat]

Let me really dumb down the difference between a good and service for you:

http://www.socialstudiesforkids.com/articles/economics/goodsandservices1.htm

Are you smarter than a kid?

Will a nation of only kids produce more patents than Bangladesh?

You are really stupid aren't you?
Why not you take your export data 260 billion and do some anatomy in it?

Instead of looking here and there.

 

[Nilgiri]

Why not you take your export data 260 billion and do some anatomy in it?

Do you see how the export % are broken up?

13.5% Agricultural
23.3% Fuel and mining products
62.3% Manufactures

Obviously a lot of the fuel export value has evaporated now leading to the bulk of the decrease from 320 billion USD then (2014) to 260 - 280 billion expected this year.

IT/BPO is not included in this merchandise export figure/breakup. Its really not rocket science to understand that.

 

[TopCat]

Obviously a lot of the fuel export value has evaporated now leading to the bulk of the decrease from 320 billion USD then (2014) to 260 - 280 billion expected this year.

IT/BPO is not included in this merchandise export figure/breakup. Its really not rocket science to understand that.

IT/BPO is include in the figure. Here is the breakdown of your merchandise export. You made me to look. Its old data 2011-12 yet its valid as Indian export did not move much since then

 

[Nilgiri]

IT/BPO is include in the figure. Here is the breakdown of your merchandise export. You made me to look. Its old data 2011-12 yet its valid as Indian export did not move much since then

And where exactly is the large IT/BPO circle then for the exports part?

This is again just merchandise (goods) trade. That 142 billion is skewed by not being a full financial year. You got to double it to get an estimate for the full year as verified by what the actual full year figure was:

http://data.worldbank.org/indicator/BX.GSR.MRCH.CD

You will clearly notice that this time the world bank page is goods exports ONLY.

Here is the separate services exports:

http://data.worldbank.org/indicator/BX.GSR.NFSV.CD

Together they make goods and services export:

http://data.worldbank.org/indicator/BX.GSR.GNFS.CD



You really were a dunce in class right?