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The Effects of Market Diversification Activities on Bangladesh RMG Export

Author

Listed:
  • Redwan Ahmed

    (Department of Economics, Pabna University of Science & Technology, Pabna-6600. Bangladesh.)

  • Md. Tawhidul Islam

    (Department of Economics, Pabna University of Science & Technology, Pabna-6600. Bangladesh.)

  • Md. Al-Amin

    (Department of Economics, Pabna University of Science & Technology, Pabna-6600. Bangladesh.)

Abstract

This study evaluates the role of market diversification activities conducted mostly from 2007 to 2011 on RMG export value through exploring more promising destinations for apparel export as well as inventing newer clothing products. Trend analysis approach has been followed to analyze statistical information which was mostly collected from secondary sources, especially from ITC Trade Map, EPB Bangladesh, and BKMEA's Database. The ten years long time period is divided equally into two phase namely Pre-intervention period from 2002 to 2006 and Intervention period from 2007 to 2011 to contrast the effects of trade promotional activities on apparel export earnings. Theses promotional activities culminated to access into 62 newer markets developing 30 more RMG products. Moreover, the increment in export value by US$4056.87 million in 2011 compared with that in 2002 demonstrates the positive effects of on apparel export.

Suggested Citation

  • Redwan Ahmed & Md. Tawhidul Islam & Md. Al-Amin, 2013. "The Effects of Market Diversification Activities on Bangladesh RMG Export," International Journal of Economics and Financial Issues, Econjournals, vol. 3(4), pages 938-948.
    • Handle: RePEc:eco:journ1:2013-04-15
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    Citations

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    Cited by:

    1. Ghialy Yap & Shrabani Saha & Nelson O Ndubisi & Saif S Alsowaidi & Ali S Saleh, 2023. "Can tourism market diversification mitigate the adverse effects of a blockade on tourism? Evidence from Qatar," Tourism Economics, , vol. 29(4), pages 880-905, June.
    2. Wagan, Shah Mehmood, 2015. "Export boost of Textile Industry of Pakistan by availing EU’s GSP Plus," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 1(1), pages 18-27.
    3. Farhad Uddin Ahmed & Louis Brennan, 2019. "Performance determinants of early internationalizing firms: The role of international entrepreneurial orientation," Journal of International Entrepreneurship, Springer, vol. 17(3), pages 389-424, September.
    4. Shah Mehmood WAGAN, 2015. "Export boost of textile industry of Pakistan by availing EU’s GSP Plus," Journal of Economics Library, KSP Journals, vol. 2(1), pages 18-27, March.

    More about this item

    Keywords

    Monopsony; GSP;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

    Statistics

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