Exporting goods from Bangladesh can be a great opportunity for businesses looking to expand their customer base and increase sales. The country is known for producing a range of products such as ready-made garments, jute, leather goods, seafood, and pharmaceuticals. Export documents such as bills of lading and others are required to clear goods at the country’s ports by customs officers. These documents have to be provided by an exporter and they have to satisfy the customs formalities. This is why exporters must know the right documents to prepare beforehand. At the final step, clearing agents will forward the export declarations and other documents submitted to the customs officers.  

Exporting out of the country

Here are some steps you can follow to export goods from Bangladesh:

Identify the product and market

Start by identifying the product you want to export and the market you want to sell it in. Research the market to understand the demand for the product, any regulations or restrictions, and the competition.

Obtain necessary licenses and permits

 Once you have identified the product and market, you need to obtain all the necessary licenses and permits required for exporting your product. Contact the relevant government agencies or trade associations in Bangladesh for guidance.

Find a buyer

Search for potential buyers in the target market. This can be done through online platforms, trade shows, or by working with a local agent.

Secure payment

 Ensure that you have a secure payment method in place before exporting your goods. You can use a letter of credit, advance payment, or open an account depending on your agreement with the buyer.

Arrange for logistics

 Once you have secured a buyer and payment method, arrange for logistics to transport your goods from Bangladesh to the target market. This includes choosing a shipping method, arranging for customs clearance, and ensuring that the goods are properly packaged and labeled.

Export the goods

 Once all the necessary steps have been taken, you can export the goods to the target market.

It is important to note that the process of exporting goods from Bangladesh can be complex and may vary depending on the product and market. It is advisable to seek the services of a freight forwarder or export agent who can help you navigate the process. Also, make sure to comply with all relevant laws and regulations to avoid any legal issues.

The process of exportation

Exporting out of a country is easy aside from the ton of regulations and formalities to keep in mind. Provided there is no hitch with the goods and no requirement failed, customs will issue receipts to exporters after entering their details into the system. It is important to note that the process of exporting goods from the country can be complex and may require working with a local partner or agent. Also, make sure to comply with all relevant laws and regulations to avoid any legal issues. Additionally, due to the security situation in the country, it is crucial to ensure the safety of the goods and personnel involved in the export process.

Required documents to submit

The documents needed for clearance when exporting depend on the kind of goods, trade agreements, and policies of exporting partners. They include the following: 

• Customs entry document and bond
• Legal undertaking
• Export license
• Purchase order
• Certificate of origin and insurance
• Bill of lading
• Transit documents, et cetera.

It is important to note that the process of exporting goods from the territory can be complex and may vary depending on the product and market. It is advisable to seek the services of a freight forwarder or export agent who can help you navigate the process. Also, make sure to comply with all relevant laws and regulations to avoid any legal issues.