Bangladesh Encourages Export Of Leather Products And Shoes.

According to data released by the official and export departments, the export volume of Bangladesh to India in the first quarter of fiscal year 2013-14 decreased by 29.42%, leading to further trade imbalance between the two countries in the first quarter of fiscal year P.

The export volume of products exported to India showed a negative growth, mainly due to the existence of some non-tariff trade barriers, the promulgation of the shad export ban and the depreciation of the rupee against the US dollar.

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According to official data released by the Bangladesh Export Promotion Council (P), the total export volume of Bangladesh in the current financial year amounted to US $91 million 750 thousand, but exports amounted to US $129 million 990 thousand in the same period last year.

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< p > 2012-2013 fiscal year, the trade gap between the two countries was as high as 4 billion 170 million US dollars, mainly due to the different tariff rates and tariff barriers between the two countries, thus restricting the export volume of Bangladesh to < a href= "//www.sjfzxm.com/news/index_p.asp" > India < /a >.

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In the financial year of < p > 2011-12, the trade gap between the two countries reached US $4 billion 240 million. Bangladesh's domestic exporters hope to narrow the trade deficit by exercising the duty exemption policy of Bangladesh exported to India by the end of 2011.

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Data from the Bangladesh Export Promotion Bureau (P) showed that the export of the "a href=" //www.sjfzxm.com/news/index_f.asp "> clothing" /a "to India maintained a sustained growth trend, but the total export volume was negative.

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< p > the main trends of India's exports are: fruit, fish, jute, jute products, plastics and raw skins, and so on. The products of 62 industries.

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(P > 2013-14) fish exports to India amounted to US $67 thousand and 302 in the third quarter of fiscal year, compared with us $2 million 430 thousand in the same period last year.

The gross export value of jute and jute products reached US $11 million 170 thousand in the third quarter of this fiscal year, reaching the expected value, while the export volume in the last fiscal year was US $34 million 80 thousand.

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Shabuhans Buss (Shubhashish Bose), vice president of the Export Promotion Bureau of Bangladesh < /a > > P, said that the recent export volume of Bangladesh to India was shrinking, mainly due to the depreciation of India's currency against the US dollar in.

At the same time, India's demand for commodities has also declined to some extent.

Bangladesh will always follow the policy of export diversification rather than semi-finished products, such as raw jute and raw hide.

Although India is capable of producing jute products, Bangladesh exporters still focus on jute products, such as sandals, jackets, trousers and sand garments.

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"P Shubhashish" (Shubhashish Bose) also said, "we encourage exports of more leather products and footwear products, not just the export of raw leather.

By increasing labor force and producing more products, we can achieve the goal of increasing export volume. "

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< p > at the same time, the ban on commodity exports issued by Shabuhans Buss Bose responded to the sharp decline in the number of shad exported to India. "Shubhashish"

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A Jia, general manager of P (Achia) seafood products Co., Ltd., Islam (Tariqul Islam), said: "because of illegal smuggling of shad by illegal traders in India, the government's tax revenue has decreased.

At the same time, the government's reduction in subsidies to exporters is also one of the reasons for the decrease in exports.

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The main commodities imported from Bangladesh from India are: cotton, wool, textiles, raw materials and cereals. P

The main products exported to India include unprocessed jute, fish, fertilizer, clothing, leather products, cement, plastics, melamine, semi food and beverages.

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