Export-Import Management (520135)

Chapter – 1 (Introduction)
Lecture- 02

Conducted By :
Lata Akter
Lecturer
Department Of Business Administration
Dhaka City College
 Topics to be discussed……..

 Risks/Difficulties of Exporting for the firms

 Considering factors before making the decision to Export

 Procedures of import

 Procedures of export
 Risks/Difficulties of Exporting for the firms

1. Difficulties of distance 6. Customs formalities

2. High risks and uncertainties 7. Foreign exchange regulations

3. Diverse language, customs and tradition 8. Documentation formalities

4. Different currencies, weight and measures 9. Trade Barriers

5. Problems for non-members of trading blocs

Considering Factors before making the decision to Export

1. Economic factors
2. Political factors
3. Consumer factors
4. Geographical factors
5. Social factors
6. Technological factors
7. Competition factors
8. Trade factors
Procedures of Import in Bangladesh
• Step1 : Trade Enquiry
• Step 2: Obtaining Import License
• Step 3 : Placing Indent Or Order
• Step 4: Procuring foreign exchange
• Step 5: Opening Letter of credit
• Step 6: Fixation of exchange rate
• Step 7: Receipt of shipment advice
• Step 8: Payment of bill
• Step 9: Completing customs formalities
• Step 10: Delivery of goods
• Step 11: Closing the transactions
Thank You