Topic > Wheat Export from Canada to Bangladesh

IndexSummaryIntroductionProblem IdentificationProduct AnalysisSWOT AnalysisWeaknessesOpportunitiesThreatsPest AnalysisHealth:Education:NGO:CompetitorsConclusionRecommendationExecutive SummaryCanada is a good friend of Bangladesh since independence and all kinds of relations and they can work together , although we have seen that it is expected that this relationship is very important for these two friendly nations for their own prosperity. In this report, the problems that arise in the export of wheat and the analysis of this report, the description of the product and the relationship between Bangladesh and Canada are explained. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original EssayCanada produces the maximum amount of wheat. Canada ranks third in wheat production. Canada produces several grain products. Canada sells wheat to Bangladesh, many competitors create problems in the process, such as W & W Grain Corporation, Supreme Seed Company LTD, these companies produce wheat in Bangladesh and operate in this market. Through analysis like PESTL, we can get information about Bangladesh market and possession of products in Bangladesh, also cultural differences and political information, also, through SWOT analysis of global wheat market, weakness and defects of the product explained in this report. Bangladesh's economic growth has a high network experience. Good relationship between two countries working together and realizing their vision. In the current era what increase in production is due to high quality grain technology and production tactics. Wheat is the main source of vegetable protein in human nutrition. Canada is the leading exporter of durum wheat in the world. Canada is the third largest country in wheat production. IntroductionCanada produces the maximum amount of wheat, also Canada exports wheat to many countries. In this report I want to explain the wheat production and analyze what problems have accumulated in the export of wheat from Canada to Bangladesh. Wheat is one of the most important food plants in the world. It is mainly used to produce bread flour. It is widely used in the production of many other baked goods. The wheat grain is also used in the production of alcoholic beverages and spirits. Wheat straw is used as animal feed and in the production of carpets, baskets, packaging, bedding and paper. Canada produces many wheat items such as breads, cakes, cookies, muffins, rolls, vodka, oats and donuts. Bangladesh imports 3 million tons of wheat from different countries (Independent Grain Trade, 2013). Bangladesh is Canada's third-largest pulse export market and a major market for wheat and canola. Agricultural products account for approximately 75% of Canadian exports to Bangladesh. I found this information on the Canadian grain business line from a trade official. Identifying Problems The payment method is very important when it comes to international trade. Canada may not share the same tax system as Bangladesh. And Canada needs help and assistance when trading with Bangladesh. There are also some international payment forms that cover such situations, but they must be present in both countries. There are several ways to get one of these payment methods, and with proper research, you should identify them. Despite the economic success of many Asian countries and the growing Asian economy, Bangladesh currently finds itself on the outside looking in. Exporters are limited by the lack ofBangladeshi experience with Canada and their lack of exposure to Canadian capabilities. It is quite difficult to obtain timely and accurate market information. Although Bangladesh is in the process of reducing major trade barriers to attract more foreign investment, it is still burdened by one of the least liberal trade policies in the world. Liberalization of Bangladesh's service sector is badly needed, even though it constitutes the majority of the country's GDP. Bangladesh's Tariff Commission seeks to promote the interests of domestic industries and increase market access of domestic industries through bilateral regional and multilateral agreements. However, Bangladesh has more favorable market access in developed markets due to its least developed country (LDC) status. Product Analysis Wheat is a grass widely grown for its seeds, a cereal grain that is a global staple. Wheat is grown on more land than any other food crop (240.4 million hectares, 2014). Wheat is an important source of carbohydrates. It is the main acid of plant proteins in human nutrition. Canada is the leading exporter of durum wheat in the world. Canada is the third largest country in wheat production. SWOT Analysis Strengths Sugarcane and beetroot: maximum fermentable sugar yield for high soil efficiency. Lower production costs. Protein flow rate per product. Weaknesses Direct completion to the food and feed market. Price level directly linked to food and feed prices; high price during the food crisis. High volatility in raw material prices. The decrease in production would cause a shortage in the animal feed market. Sensitive to drought and dry winter frost. Opportunities Easy to use for biotech processes. Rapid implementation and growth of the bio-based economy. Food security is only possible with a growing global crop volume. Economic security for the farmer thanks to greater choices in selling his supplies. Threats Under strong pressure from the public, NGOs and politicians: declared impact on food prices and food shortages. Simple and strong populist messages like “No food crops for industry”. During the food crisis: high prices and unsafe supply for industry. Insecure political framework; Very complex EU legislation regarding specific food crops. Pestle Analysis - Social and Cultural Analysis Health: There were more legislative permanences and environmental regulations that need to be modified and updated. In 1989, a new Ministry of Environment and Forestry was created. Several indicators demonstrate the serious health situation of the population of Bangladesh. Life expectancy is only about 60 years, and the government concluded that only half the population was provided with basic healthcare. Education: The education system in Bangladesh is three-tiered and highly subsidized. There are approximately 38,000 state primary schools and 24,000 non-government schools for a total of approximately 17-18 million pupils. At the highest level, there are approximately 13,000 secondary schools and 3,000 universities. NGOs: Bangladeshi society in general appears to be becoming more open to women's empowerment in terms of education, employment opportunities and through greater participation in the democratic process. two rival wheat producing companies in Bangladesh, which may affect our business in Bangladesh. Which are as follows: Supreme Seed Company LTD.: It was founded in 1978 by its president Mohammad Masum, who is a farmer. It specializes in manufacturing,.