Page 475 - ES 2020-21_Volume-1-2 [28-01-21]

102 Economic Survey 2020-21 Volume 2

Box 2: Comparison of Export Performance of India vs. Bangladesh
Bangladesh seems poised to emerge as a dominant exporter as its exports posted an impressive
compound annual growth rate (CAGR) of 8.6 per cent during 2011-2019, higher than 0.9 per
cent for India, and 0.4 per cent for the world. As a result, Bangladesh witnessed its share in
world exports increase from 0.1 per cent in 2011 to 0.3 per cent in 2019.

The top five export commodities, account for more than 90 per cent of total exports of
Bangladesh since 2015. These five commodities mainly pertain to textiles & apparels and
footwear industry, which are highly labour-intensive and employs unskilled and semi-skilled
labour (Figure B2.1). In case of India, on the other hand, export performance is more broad-
based as the top five export commodities jointly contribute around 40 per cent of total exports
(Figure B2.2) and these commodities are capital and technology-intensive.

Figure B2.1: Top five Export commodities (in terms of share) in Bangladesh
100 90.5 92.7 92.5 92.7 92.5
90
80
Share (in Per cent) 60
70
50
40
30
20
10
0
2015 2016 2017 2018 2019
Knitted or crocheted apparels Not Knitted or crocheted apparels
Footwear, gaiters, etc. Other made-up textile articles
Other vegetable textile fibres
Source: Survey calculation based on Trade Map data.
Note: Due to unavailability of Bangladesh Exports time series, mirror time series is used.
Figure B2.2: Top five Export commodities (in terms of share) in India

50
44.5
45 42.2 41.8 42.2
40.8
40
35
Share (in Per cent) 30

25
20
15
10
5
0
2015 2016 2017 2018 2019
Petroleum Products Gems and Jewellery
Machinery and mechanical appliances Organic chemicals
Vehicles other than railway and parts thereof

Source: Survey calculation based on Trade Map data.