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Presentation On
Export jute and jute product
Introduction
Bangladesh is the largest exporter of raw jute. Bangladesh export and supply jute and jute product.
JUTE is the single most important export item of Bangladesh
About 50 million people of this land are directly or indirectly involved in various activities related to jute and jute manufacturing
To Be Continued…
Cont.....
The country made bags, best quality
jute sacks, jute hessian bags, food
grade bags, jute yarns twines etc. by
jute
Bangladesh’s jute goods export are
Middle East, African Countries,
European countries, South East Asia,
Australia and USA.
Export Procedure and Documentation:
When preparing to shipping a jute product overseas, the
exporter needs to be aware of packing, labeling, documentation, and insurance requirements.
Packing correctly so that it arrives in good condition
Labeling correctly to ensure that the goods are handled properly
Cont.....
Documented correctly to meet local and foreign
government requirements
Insurance requirements against damage and loss of jute
goods.
The new exporter must be sure to follow all shipping
requirements.
Freight forwarders
The international freight forwarder acts as an agent for
the exporter in moving cargo to the overseas destination.
Freight forwarders advise to exporter how they minimize
export cost
And arrange or booking transport for exporting jute goods
Documentation
Letter of credit
for the payment of exporting jute LC is the main document. according to the
jute export of Bangladesh a foreign buyer open a LC for the particular supplier under BJMC.
Commercial invoice
The overseas buyer also need commercial invoice to clear
the goods from customs, prove ownership, and arrange
payment
Jute expoter provide commercial invoice when they
export jute to overseas buyer
Cont...
Bill of lading:
Bills of lading are contracts between the owner of the goods
and the carrier (as with domestic shipments)
Invoice:
jute export processing invoice is made by the supplier before
the product shipment.
Cont...
Other document
Certificate of origin
Inspection certification
Dock receipt and warehouse receipt
Insurance certificate
Export Trend
Transportation Mode
Mainly exported by the sea
transportation.
The raw jute export to the india by truck.
In intermodal transportation jute supplier
use their own or association truck to
transport the product into the desire
point of exit.
Bangladesh don’t use train for intermodal
transportation
Export Distribution Channel
Generally use indirect channel
Supplier first contact with the BJMC
BJMC find the potential buyer
BJMC give all information about the buyer to the potential
seller.
Problems
Political instability
Watter problem
Because of the war market
have fall down in Middle East
countries.
Budget problem
Problems
The situation in the domestic market is not encouraging.
Farmers are counting losses in jute cultivation.
Wage increase of the labor is also having impact
Recommendation
Marketing system of BJMC jute mills needs to be changed.
Political environment should be stabled or organized of
our country.
An appropriate mechanism has to be found in this regard.
Recommendation
Government should ensure that
farmers get their fair prices
encourage the dealers/traders to
improve quality, quantity and
punctual delivery of jute goods
Govt. should provide an good
amount of budget in jute sector.
Conclusion
If our government and private sector properly regulate
and focus in our jute exporting and manufacturing then
our economic growth rate will increased.
Thank You Everyone
Any Question?