Essays on Analysis of Import-Export Trading Company Case Study

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The paper "Analysis of Import-Export Trading Company " is a wonderful example of a case study on business. The document highlights an import plan for the import-export-trading company known as XYZ Trading. The company will be established in Ohio, which is located in the Midwest of the United States (US). XYZ Trading will import readymade garments from Bangladesh and sell them to the residents of Ohio. The demand for imported readymade garments has increased in the US by 15.74% from 2001 to 2012 (Export Performance of Bangladesh Global Recession and After” ).

The readymade garments are imported from across the world, but the primary countries for import are China, Bangladesh, and India. Bangladesh exports a range of branded readymade garments to the US owing to the huge production of such products over there. So, the company aims at importing the readymade garments from Bangladesh at a cheap rate and sell them to the residents of Ohio at a reasonable rate. The company through its import plan wants to become the market leader for imported readymade garments and hold a respectable position in the long run.

The readymade garment industry has encountered huge growth since demand for branded clothes is improving worldwide (“ The United States and Bangladesh toward the Future: Policy Recommendations to Strengthen the U. S.-Bangladesh Commercial Relationship” ). XYZ Trading targets to import branded readymade garments from Bangladesh and run a lucrative business. The import plan highlights the products that are imported along with other elements such as, sales price, sales estimate, landed cost, import policies and regulation of US, the difference in culture, law, and ethics of the US and Bangladesh; and last but not the least, details of the trade agreement existing between the two countries.

Product The readymade garments will be imported from Bangladesh by XYZ Trading. The reason for choosing readymade garments as well as Bangladesh is that both are related to each other. Bangladesh manufactures readymade garments for leading brands and supplies them to different parts of the world too. There is a huge demand for these readymade garments in US, and Ohio is a place where 11 million people reside with varying tastes for readymade apparel. It is observed that about 52% of the population in Ohio are females and quite evidently, demand for varieties of branded clothes will increase over the years since females are more fashion-conscious than males (“ Export Performance of Bangladesh Global Recession and After” ).

References

Cackley, Puente. Consumer Safety: Better Information and Planning Would Strengthen CPSC¿s Oversight of Imported Products. Darby: DIANE Publishing. 2010. Print.

“Customer Guideline.” Winstar. Winstar Global Logistics Ltd., 2012. Web. 5 March. 2014.

“Export Performance of Bangladesh Global Recession and After.” International Growth Centre. International Growth Centre, 2014. Web. 5 March. 2014.

“Import Restrictions.” Globalization 101. Levin Institute - The State University of New York, 2014. Web. 5 March. 2014.

“Importing into the U.S.” Office of Textiles and Apparel. International trade Administration, 2014. Web. 5 March. 2014.

“Ocean Freight Services.”DHL. DHL International GmbH, 2013. Web. 5 March. 2014.

Seyoum, Belay. Export-Import Theory, Practices, and Procedures. New York: Routledge. 2008. Print.

“The United States and Bangladesh Toward the Future: Policy Recommendations to Strengthen the U.S.-Bangladesh Commercial Relationship.” US. Chamber of Commerce. United States Chamber of Commerce, 2013. Web. 5 March. 2014.

“U.S. Relations With Bangladesh.” US Department of State. US Department of State, 2013. Web. 5 March. 2014.

“US Ends Trade Privileges to Bangladesh Following Garment Factory Disasters.” PRI. Public Radio International, 2013. Web. 5 March. 2014.

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