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Export to China jumps by 17pc in fiscal year '17.

Why do you think BD's export to India dropped? And what measures to take to increase it?

Quite simply within existing framework of goods allowed to trade (and/or are competitive) India's internal economy of scale is expanding faster than the rate that BD can expand its own competitiveness of those products. The basic force for this is the large trickle down effect happening in India right now for basic goods and even some intermediate goods (given Indian labour pool and current prevailing underemployment). To fight those forces, BD needs to negotiate to expand the envelope (after developing scale of industry in such areas in the first place) or accelerate its own competitiveness in the existing products it sells to India at faster rate than internal Indian producers can (esp taking into account tariffs, logistics addition to it). With Indian GST kicking in, close markets to BD (WB, NE) will come under further stress for BD exporters unless there is qualitative and better attention paid to these issues by BD (if it really wants to get into Indian market)....and also more importantly implementation.....but it will need case by case detailed sector study of whatever the export basket of BD is to India and what real sunrise industries in BD the envelope can be expanded to on back of BBIN and such.

@Nilgiri

BD exports to China have gone up 4 fold since 2010 when the tariff barriers came down.
China is set to become the next multi-billion dollar export market for BD.

Best of luck. They have moved to economic level (but maintaining physical distance of human capital and history) they can grant you this buffer to play inside...India cannot and will not for good number of years....our basic jobs come first and foremost while we still doing a basic transition in massive hinterland.
 
Why do you think BD's export to India dropped? And what measures to take to increase it?

The measure we should take is to balance all this out by reducing Indian imports to Bangladesh tenfold by amount when there is any drop for Bangladeshi exports to India.

Indian administration has always been obsessed with protecting their own market at the cost of imports from other countries (Modi's one even more so) so they have historically imposed all kinds of non-tariff barriers (NTBs) like Bullsh*t anti-dumping duties on imports. We used to sell a lot of high quality tires and batteries in India but they imposed NTBs and closed these Bangladeshi exports to India. That's their whole mentality. They want everything from our market but will not give any facility of their market in return. Typical Banyas.

I just heard on a program that when we let Indian channels into our market we charge them eight lakh as a fee. When we go to India to establish entry for our channel there, Indian Govt. demands eight crore. :lol:

Quite simply within existing framework of goods allowed to trade (and/or are competitive) India's internal economy of scale is expanding faster than the rate that BD can expand its own competitiveness of those products. The basic force for this is the large trickle down effect happening in India right now for basic goods and even some intermediate goods (given Indian labour pool and current prevailing underemployment). To fight those forces, BD needs to negotiate to expand the envelope (after developing scale of industry in such areas in the first place) or accelerate its own competitiveness in the existing products it sells to India at faster rate than internal Indian producers can (esp taking into account tariffs, logistics addition to it). With Indian GST kicking in, close markets to BD (WB, NE) will come under further stress for BD exporters unless there is qualitative and better attention paid to these issues by BD (if it really wants to get into Indian market)....and also more importantly implementation.....but it will need case by case detailed sector study of whatever the export basket of BD is to India and what real sunrise industries in BD the envelope can be expanded to on back of BBIN and such.

Best of luck. They have moved to economic level (but maintaining physical distance of human capital and history) they can grant you this buffer to play inside...India cannot and will not for good number of years....our basic jobs come first and foremost while we still doing a basic transition in massive hinterland.

The best thing for Bangladesh to do is to close off Bangladesh for Indian products citing NTB reasons like anti-dumping and concentrating to protect our own markets. Let Indians run to the WTO if they want....
 
Why do you think BD's export to India dropped? And what measures to take to increase it?

hmmm always though BD and India largely compete at almost the same niche when it comes to Export products although India had more broader range products.

So when India starting to increasing their low base manufacturing products the chance is India will largely depends on their own production instead of importing. Bd cant into commodities products because of lack natural resources nor large area to cultivate land for basic agri products like sugar cane, corn, palm oil or wheat or rice to offset the decreasing in trading.
 
The best thing for Bangladesh to do is to close off Bangladesh for Indian products citing NTB reasons like anti-dumping and concentrating to protect our own markets. Let Indians run to the WTO if they want....

Do it if you can instead of fantasizing about it here. BD people love their bajaj motorcycles and Indian TV just way too much. You would probably cause major rioting on the street 24/7 365 days a year till you relent back, pilkhana gonna seem like a picnic. :)

Start and agitate something like Rampal but 1000 times bigger....go for it. Till that happens the "best thing" scenarios that you spout mean squat. Or just continue the mental stroking here about it to assuage reality and ego dissonance as much as you want to.
 
hmmm always though BD and India largely compete at almost the same niche when it comes to Export products although India had more broader range products.

So when India starting to increasing their low base manufacturing products the chance is India will largely depends on their own production instead of importing. Bd cant into commodities products because of lack natural resources nor large area to cultivate land for basic agri products like sugar cane, corn, palm oil or wheat or rice to offset the decreasing in trading.

Can you please just stop already with all your nonsense. You are spewing factually wrong information as usual. :disagree:
 
hmmm always though BD and India largely compete at almost the same niche when it comes to Export products although India had more broader range products.

So when India starting to increasing their low base manufacturing products the chance is India will largely depends on their own production instead of importing. Bd cant into commodities products because of lack natural resources nor large area to cultivate land for basic agri products like sugar cane, corn, palm oil or wheat or rice to offset the decreasing in trading.

The reason behind the drop in exports to India is the protectionism they impose through various trade barriers to safeguard their homegrown low quality products.
India imposing anti-dumping duty on yet another Bangladeshi item

An example would be, their electronics industry where the local companies like videocon, bpl fell from being the market leaders to forgotten brands as soon as the Korean and Japanese giants penetrated the Indian market in the 1990s.
 
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BD Indian product addicts are not hard to find:




Keep restricting any BD product and keep expanding our footprint into BD...so the shameless nincompoops here burst a vein at some point (extra bonus point!).
 
The reason behind the drop in exports to India is the protectionism they impose through various trade barriers to safeguard their homegrown low quality products.
India imposing anti-dumping duty on yet another Bangladeshi item

An example would be, their electronics industry where the local companies like videocon, bpl fell from being the market leaders to forgotten brands as soon as the Korean and Japanese giants penetrated the Indian market in the 1990s.

Can you please just stop already with all your nonsense. You are spewing factually wrong information as usual. :disagree:

LoL little research will backing up my statesment, BD basic products actually the ones suffer the most when India starting to producing the same item at much more mass scale. And Bangladesh is incapable to offer other products to offset the decreasing value of total bilateral trade between India and Bangladesh.

the items the news @Species mentioned is actually had very small percentage when comparing to largely total value of decreasing exports of BD to India. And please dont bring South Korean and Japan into topics as what Bangladesh producing and exporting to India is not the same with what Korean and Japan produce

http://www.infodriveindia.com/india-trading-partners/bangladesh-imports.aspx
 
LoL little research will backing up my statesment, BD basic products actually the ones suffer the most when India starting to producing the same item at much more mass scale. And Bangladesh is incapable to offer other products to offset the decreasing value of total bilateral trade between India and Bangladesh.

the items the news @Species mentioned is actually had very small percentage when comparing to largely total value of decreasing exports of BD to India. And please dont bring South Korean and Japan into topics as what Bangladesh producing and exporting to India is not the same with what Korean and Japan produce

http://www.infodriveindia.com/india-trading-partners/bangladesh-imports.aspx

I wonder what little research you did since just a simple google search on 'Bangladesh India trade barriers' produces news such as, Trade barriers hold back exports to India: Tofail.

I hope you at least have the minimum common sense to get that the link I shared on the anti-dumping duties is just one of the many trade barriers (tariff/non-tariff) imposed by India?

I talked about Japanese and South Korean companies to show the picture of the Indian electronics industry, a classic example of the vulnerability of Indian companies to foreign manufacturers. The shoddy quality of Indian products made room for the Korean and Japanese electronics companies to take hold on the Indian market in no time. In comparison, the same companies have presence in Bangladesh since long before they penetrated the Indian market, that, however, didn't prevent the rise of local Bangladeshi electronics brands like Walton, Minister, Jamuna etc. In fact, the local brands in Bangladesh have been occupying most of the domestic market share for electronics home appliances like refrigerators, air conditioners etc. Why do you think there is so much butthurt among Indians for Walton?

Now if we talk about the products like garments, leather/footwear, pharmaceuticals, jute products where Bangladesh is a direct competitor for India, the Indians know that due to the better quality and cheap price of Bangladeshi goods, their local manufacturers will get extinct if Bangladesh starts penetrating their market, hence there is an extensive lobby from them to keep these trade barriers in place.
 
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Wait, Pharma ?

Bangladeshi Pharma companies don't want to export pharma to India because,

1.
Pharma market is saturated in India. Active pharmaceutical ingredient (API) and bulk active ingredients are much cheaper in India and some Indian companies routinely undercut dosage of API's for local and exported drugs, and pricing in India is much cheaper due to some of this dhokeybaaji. Part of the Indian market is used to substandard drugs especially in BIMARU states. It's a mess.

2. Bangladesh gets preferential treatment for drug exports (even patented ones) to all types of markets, but primarily undeveloped and underutilized ones. Indian Pharma majors like Sun Pharma and
others have set up local manufacturing subsidiaries here to export drugs as well. We are too busy exporting to profitable markets and don't care about the market-protection tomfoolery and racket in India.
 

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