Trade Performance of Bangladesh with East: An Evaluative Study
Journal: Asian Journal of Management Sciences & Education (AJMSE) (Vol.3, No. 4)Publication Date: 2014-10-15
Authors : Mohammad Shahidul Islam; Rumana Tashreen Khanam;
Page : 1-18
Keywords : Export; Import; EU; NAFTA; ASEAN; BIMSTEC; Trade balance;
Abstract
Bangladesh has close relationship with east and south east countries. The objectives are to identify the development of trade relationship with east and south Asian countries and to provide the policy strategy for relationship development with these countries. It is taken the data of export and import of Bangladesh for 9 years for the year of 1999-2000 to 2007-08 with the ‘east and south east Asian’ countries for analysis. The study has used financial ratio, percentage, mean, growth, covariance, hypothesis test etc. for analysis of data and drawing inferences. The average export of Bangladesh to ‘east and south east countries’ is 5.84% with steady growth over the period. The import of Bangladesh from ‘east and south east countries’ is 46.75% to total import. The growth rate of with ‘east and south east countries’ is steady. The trade deficit with ‘east and south East Asian’ countries is increasing over the periods. The recommendations are to be member of ASEAN, to develop the bilateral relationship, to develop the infrastructures, to identify the new market for export, to increase the export of skilled manpower to east and south East Asian countries.
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Last modified: 2014-12-12 15:00:49