The 2009 Import and Export Market for Machinery and Transport Equipment in Bangladesh
- ID: 1183384
- August 2009
- Region: Bangladesh
- 23 pages
- ICON Group International
On the demand side, exporters and strategic planners focusing on machinery and transport equipment in Bangladesh face a number of questions. Which countries are supplying machinery and transport equipment to Bangladesh? How important is Bangladesh compared to others in terms of the entire global and regional market? How much do the imports of machinery and transport equipment vary from one country of origin to another in Bangladesh? On the supply side, Bangladesh also exports machinery and transport equipment. Which countries receive the most exports from Bangladesh? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers?
This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for machinery and transport equipment in Bangladesh. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for machinery and transport equipment for those countries serving Bangladesh via exports, or supplying from Bangladesh via imports. It does so for the current year based on a variety of key historical indicators and econometric models.
In what follows, Chapter 2 begins by summarizing where Bangladesh fits into the world market for imported and exported machinery and transport equipment. The total level of imports and exports on a worldwide basis, and those for Bangladesh in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Bangladesh is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Bangladesh compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports of machinery and transport equipment, Chapter 3 goes into detail on imports, but for each major country of origin serving Bangladesh. A “major” market is defined as a country where Bangladesh represents a substantially large share of either imports or exports. For each major country exporting to Bangladesh, one can thus observe how important Bangladesh is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of machinery and transport equipment originating from Bangladesh, for each major country of destination. In doing so, one can discover the share that Bangladesh has in each major market; this share value is often used as a measure of competitiveness for Bangladesh. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of machinery and transport equipment to and from Bangladesh to and from all other major countries in the world. "Machinery and Transport Equipment" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "machinery and transport equipment" is 7 . SHOW LESS READ MORE >
1 INTRODUCTION AND METHODOLOGY
2 BANGLADESH AND THE WORLD MARKET
2.1 Imports in Bangladesh in 2009
2.2 Exports from Bangladesh in 2009
3 IMPORTS IN BANGLADESH
3.2.3 North Korea
3.4 Latin America
3.6 the Middle East
4 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
4.1 Disclaimers & Safe Harbor
4.2 ICON Group Ltd. User Agreement Provisions