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While it is not know exactly which US garment companies do the most importing business or know of the opportunity to do business with Bangladesh, the us was the top importer of Bangladesh commodities in 2007-2008. Ready made garments were the the top import from Bangladesh.

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12y ago

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What is theDifference Between an exporter and importer?

An exporter is a business or individual that sells goods or services to foreign markets, effectively sending products out of their home country. In contrast, an importer is a business or individual that purchases goods or services from foreign markets to bring them into their home country. The primary difference lies in the direction of trade: exporters are focused on selling abroad, while importers are focused on acquiring products from abroad. Together, they play essential roles in international trade.


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Avalization is the co acceptance of usance export non DC bills by the Drawee bank ( importers bank ). Just in the case of export DC's where exporter's bank discount bills after acceptance from the issuing bank, in Avalization exporter's bank can discount non DC bills after the drawee bank ( importer bank ) has given their co acceptance. The difference here is that the drawee bank is just not giving an acceptance on behalf of the customer , but is co accepting the bills ( which means even in the event of the importer not paying, the drawee bank will pay to the exporter's bank ) For avalization to work, the exporter has to get in touch with the importer and get his buy in for the transaction. Only after the importer buy in is got will the drawee bank co accept the bill. The drawee bank actually earmarks the import limit of the buyer while avalizing the bills and this essentially will only work for importers who have existing import facilities with their banks.


Letter of credit is given by?

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Is Canada a net importer or a net exporter?

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Where is the worlds largest exporter of copper is?

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How does expo help connect the world?

Through Expos, exporter-importers from various parts of the world meet, share their views, where business deals are accomplished. Since the world has become a global village courtsey interenet, this sort of interaction among businessmen engaged in export import. During the primitive age, when there was barter deal, even then businessmen used to interact at border points for their financial interests and expos are the modern conception that idea generated centuries back.


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Is US a net importer or exporter of steel?

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Is Venezuela the largest oil exporter?

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