The Bangladesh Trade Portal (BTP) is an official source of all regulatory information relevant to traders who wish to import goods into Bangladesh or export to other countries. The Ministry of Commerce of the Bangladesh Government has established the Portal in order to improve the predictability and transparency of the country’s trading laws and processes.

Trade Scenario Between Bangladesh and Saudi Arabia

Both Bangladesh and Saudi Arabia are members of OIC and share common views on many international and regional issues. The two countries are trading partners and are willing to further develop trade relations.

2.   The balance of trade position between Bangladesh and Saudi Arabia is stated below : 

                                                                                                                              (Value in million US dollar)

FY
Export
Growth (%)
Import
Balance

2013-14

187.54

10.89

807.70

-620.16

2014-15

186.32

-0.65

828.00

-641.68

2015-16

225.68

21.12

590.70

-365.02

2016-17

185.21

-17.93

605.40

-420.19

2017-18

205.32

10.86

807.00

-601.68

2018-19

249.73

21.63

1045.90

-796.17

2019-20

262.88

5.27

1090 (P)

-827.12

 

3.         It transpires from the above table that though the export of Bangladesh has been increasing but the balance of trade has always been in favour of Saudi Arabia. There is an urgent need for measures for reducing the trade gap to the favour of Bangladesh.

4.         The main export items from Bangladesh to Saudi Arabia are Vegetables, Frozen fish, Potato flakes,  Jute yarn and twine, Jute manufactures, Woven garments, Knitwear, Rice, Leather goods including footwear, Processed  food, Tea, Hats and  other headgear, Fruits, Home textile, Sacks & badgs, Tents, Mustard oil, Spices, Betel nut, Cut flower & foliage, Turmeric etc. A list showing commodity-wise exports from Bangladesh to Saudi Arabia during 2018-2019 to 2019-2020 May kindly be seen at Annexure-A.

5.         The items that we import from Saudi Arabia to Bangladesh are Vegetable products, Prepared foodstuffs, Mineral products, Chemical products, Organic chemicals, Plastic and Rubber articles, Pulp of wood, Textile & textile articles, Articles of stone, Base metals and articles, Machinery and mechanical appliances, Electrical machinery, Dates, Optical etc.

6.         Potential items of Bangladesh to export in Saudi Arabia are Vegetables, Potato, Pharmaceuticals, RMG, Agro processed food, Footwear, Jute Goods, Plastic products,  Ceramic Tableware, Accumulator battery etc.    

7.         Activities taken by Export Promotion Bureau to expand export to Saudi Arabia:           

           Export Promotion Bureau organized private sector participation in the following  fairs held in Saudi Arabia:

(1)        Foodex, Saudia;

(2)        Jedda Int’l Trade Fair.

 

8.         In view of the above, the following points may be taken into consideration in order to boost up Bangladesh export to Saudi Arabia :

1.         Saudi Arabia having a good economy can consider granting concessional duty and zero tariff to import from Bangladesh as an LDC. A list of 34 items for which Bangladesh may request for Duty free Access by Saudi Arabia is also  enclosed herewith in Annexure –‘B’;  

2.         To boost up our export to Saudi Arabia, importers of Saudi Arabia may be persuaded to import more Frozen fish, RMG, Cut flower & foliage, Agro process food, Vegetable, Pharmaceutical, Jute goods, Halal meat, Tea etc;

3.         Necessary steps may be taken for signing of MOU between DLS (Department of Live Stock), Bangladesh and Saudi Food & Drug Authority to enhance our export of Halal meat ;

4.         Saudi Govt. may be urged upon to let us know the Health Standards of food items and agro-products including other products being exported from Bangladesh to Saudi Arabia for transmitting the same to the exporters of Bangladesh to follow the compliance requirement of the Kingdom of Saudi Arabia. An MOU may be signed between BSTI (Bangladesh Standard and Testing Institute) and Saudi Food & Drug Authority to enhance our export of food items.;

5.         Exchange of trade delegation between the two countries both at private and govt. level should take place to further develop bilateral trade;

6.         Saudi Arabian investors may be convinced to invest in the area of Textiles, Leather products, Plastic sector and Agro-based industry in Bangladesh;

7.         Single Country Trade Fair in Saudi Arabia may be encouraged to familiarize our products and quality.

 

Annexure –‘A’

FY 2018-19

Value in US$

SA: SAUDI ARABIA

249733234.4

 

61: Articles of apparel and clothing accessories, knitted or crocheted

49,852,315.21

 

19: Preparations of cereals, flour, starch or milk; pastrycooks' products

46,067,759.20

 

62: Articles of apparel and clothing accessories, not knitted or crocheted

38,334,377.33

 

14: Vegetable plaiting materials; vegetable products not elsewhere specified or included

37,285,625.95

 

07: Edible vegetables and certain root and tubers

15,824,658.95

 

09: Coffee, tea, mate and spices

15,445,525.02

 

20: Preparation of vegetables, fruit, nuts or other parts of plants

11,582,754.76

 

03: Fish and crustaceans, mollusc and other aquatic invertebrates

9,301,544.76

 

53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn

6,070,881.30

 

06: Live trees and other plants, bulbs, roots, and the like; cut flowers and ornamental foliage

5,316,941.87

 

42: Articles of leather; saddlery and harness; travel goods, handbags and similar containers;

4,482,947.44

 

15: Animal or vegetable fats and oils and their cleavage products; prepared edible fats,

2,283,149.60

 

64: Footwear, gaiters and the like; parts of such articles

2,191,952.04

 

10: Cereals

1,937,839.62

 

39: Plastics and articles thereof

611,094.54

 

22: Beverages, spirits and vinegar

583,628.90

 

63: Other made up textile articles; sets; worn clothing and worn textile articles;rags

555,809.69

 

94: Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed

513,349.65

 

79: Zinc and articles thereof

254,077.78

 

12: Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or

236,884.57

 

17: Sugar and sugar confectionery

184,617.86

 

52: Cotton

150,211.29

 

04: Dairy produce; bird's eggs; natural honey; edible products of animal origin, not elsewhere

89,358.89

 

13: Lac; gums, resins and other vegetable saps and extracts

69,662.34

 

49: Printed books, newspapers, pictures and other products of the printing industry;

67,695.71

 

65: Headgear and parts thereof

66,676.02

 

58: Special woven fabrics; tufted textile fabrics; lace; tapestries;trimmings; embroidery

62,469.67

 

69: Ceramic products

52,739.91

 

08: Edible fruits and nuts; peel of citrus fruit or melon

45,783.91

 

33: Essential oils and resinoid; perfumery, cosmetic or toilet preparations

43,569.22

 

46: Manufactures of straw, of esparto or of other plaiting materials; basketware and

37,835.88

 

84: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

26,602.78

 

48: Paper or paperboard; articles of paper pulp, of paper or paperboard

24,328.46

 

44: Wood and articles of wood; wood charcoal

21,754.57

 

76: Aluminium and articles thereof

18,827.20

 

29: Organic chemicals

16,758.74

 

11: Products of the milling industry; malt; starches; inulin; wheat gluten

13,953.96

 

41: Raw hides and skins (other then furskins) and leather

2,200.29

 

96: Miscellaneous manufactured articles

1,975.27

 

57: Carpets and other textile floor covering

1,494.54

 

21: Miscellaneous edible preparations

1,119.41

 

98: Miscellaneous National Provisions

380.83

 

30: Pharmaceutical products

99.47

 

FY 2019-20

Value in US$

SA: Saudi Arabia

262876607.6

 

07: Edible vegetables and certain root and tubers

59,712,570.65

 

61: Articles of apparel and clothing accessories, knitted or crocheted

47,279,132.66

 

19: Preparations of cereals, flour, starch or milk; pastrycooks' products

44,705,757.08

 

62: Articles of apparel and clothing accessories, not knitted or crocheted

39,358,732.05

 

09: Coffee, tea, mate and spices

15,886,822.68

 

14: Vegetable plaiting materials; vegetable products not elsewhere specified or

13,743,290.35

 

20: Preparation of vegetables, fruit, nuts or other parts of plants

12,141,568.39

 

03: Fish and crustaceans, mollusc and other aquatic invertebrates

7,638,675.69

 

53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn

5,778,645.85

 

10: Cereals

4,548,852.45

 

15: Animal or vegetable fats and oils and their cleavage products; prepared edible

2,931,468.19

 

64: Footwear, gaiters and the like; parts of such articles

2,546,815.90

 

42: Articles of leather; saddlery and harness; travel goods, handbags and similar

2,157,233.94

 

94: Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed

912,039.12

 

63: Other made up textile articles; sets; worn clothing and worn textile articles;rags

884,586.74

 

39: Plastics and articles thereof

809,428.83

 

17: Sugar and sugar confectionery

407,550.07

 

12: Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial

339,242.14

 

22: Beverages, spirits and vinegar

321,453.31

 

90: Optical, photographic, cinematographic, measuring, checking, precision, medical

168,787.77

 

04: Dairy produce; bird's eggs; natural honey; edible products of animal origin, not

166,588.08

 

52: Cotton

57,853.72

 

87: Vehicles others than railway or tramway rolling-stock, and parts and accessories

53,961.08

 

13: Lac; gums, resins and other vegetable saps and extracts

51,256.05

 

65: Headgear and parts thereof

41,643.45

 

84: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

40,839.12

 

69: Ceramic products

32,044.41

 

46: Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork

23,318.80

 

44: Wood and articles of wood; wood charcoal

19,667.43

 

29: Organic chemicals

17,812.61

 

11: Products of the milling industry; malt; starches; inulin; wheat gluten

15,054.26

 

21: Miscellaneous edible preparations

14,359.54

 

33: Essential oils and resinoid; perfumery, cosmetic or toilet preparations

14,299.10

 

58: Special woven fabrics; tufted textile fabrics; lace; tapestries;trimmings;

11,181.04

 

56: Wadding felts and non wovens; special yarn; twine, cordage, ropes and cables

10,061.42

 

08: Edible fruits and nuts; peel of citrus fruit or melon

9,986.62

 

73: Articles of iron or steel

7,646.12

 

85: Electrical machinery and equipment and parts thereof; sound recorders and

7,436.60

 

41: Raw hides and skins (other then furskins) and leather

5,991.97

 

49: Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans

2,732.84

 

01: Live animals.

119.99

 

30: Pharmaceutical products

99.5

 

Annexure –‘B’

List of Bangladesh Products for which Duty-free

Access may be sought to Saudi-Arabia

Sl.No

Name of the products

01.

Jute products

02.

Frozen Food

03.

Knitwear

04

Woven Garments

05.

Leather and Leather products

06.

Pharmaceutical products.

07.

Cut flower & Foliage

08.

Agro-Processed Products

09.

Halal Meat

10.

Footwear (Leather)

11.

Melamine Products

12.

Plastic Products

13.

Ceramic Products

14.

Textile Fabrics

15.

Specialized Textile

16.

Baggage and Luggage

17.

Accumulator Battery

18.

Silk Fabrics

19.

Vegetables

20.

Frozen Fish

21.

Rice

22.

Dry food

23.

Dry Fish

24.

Fruits

25.

Home Textile

26.

Spices

27

Footwear (Jute)

28.

Tobacco

29.

Betel Nut

30.

Mustard Oil

31.

Cap

32.

Cosmetics & Toiletries

 


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