JOURNAL ARTICLE

Domestic Barriers for Exporting Handicrafts from Bangladesh: An Investigation

Mouri MehtajShermin Akhter Jebu

Year: 2024 Journal:   BUFT Journal of Business and Economics Vol: 5 (1)Pages: 357-364

Abstract

Purpose: The goal of the study is to investigate and demonstrate the major domestic barriers that are adversely affecting our handicraft products to compete in the international market. Methodology: A self-administered questionnaire has been prepared to collect data from eight organizations who directly involved with exporting handicrafts from Bangladesh. Principal Component Analysis (PCA) has been used to identify the major domestic barriers. Also, face-to-face interview with the secretary of Banglacraft have been performed to gain detailed idea. Findings: The study has found three main domestic barriers which includes lack of skill, absence of creativity and lack of dedication. They have significant influence on the exporting process of handicraft items of Bangladesh. Practical Implications: Recently, handicraft articles have growing demand because of their environment-friendly type. Even in the covid-19 pandemic, customers use these green products in their daily doings. Thus, this study might help the authority to realize the situation and take necessary actions to expand the market. Originality/Value: Previously, a number of studies have been conducted on the overall obstacles of manufacturing, selling and exporting handicrafts. This study has specified a profound understanding on the local barriers for exporting handicrafts from Bangladesh. Limitations: Some limitations of the study are shortage of budget, time constrain and perceptional differences of the respondents. Also, use of mean value, small sample size might have an impact on the output of the analysis.

Keywords:
Handicraft Business Geography Archaeology

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Topics

Global trade and economics
Social Sciences →  Economics, Econometrics and Finance →  General Economics, Econometrics and Finance

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