2020 Zhejiang Export Online Fair (Bangladesh-AUTO PARTS PRODUCTS), hosted by Zhejiang Department of Commerce and contracted by Zhejiang Samexpo Exhibition &Convention Holdings Co.,Ltd, is opening on 31st Aug by ZOOM. The project received strong support from Bangladesh Motor Parts and Tyre Tube Marchents Association( BMPTTMA) and Eco expo in Bangladesh.
During this period of the spread of the global epidemic, Zhejiang Department of Commerce has been committed to the mutual assistance and cooperation among international sister cities, and launched the provincial foreign trade enterprises to help the development of foreign trade for five consecutive months. Bangladesh has a large population, with 160 million people, which is one of the countries with the largest population density in the world. It has a population of 12 million middle class and above, with an annual growth rate of 10%. There are also good road conditions. These factors have greatly increased the traffic demand in Bangladesh, and the demand for a variety of means of transportation is growing. Bangladesh’s automobile market has a huge development potential. For a long time, Bangladesh has been dominated by Japanese vehicles. In recent years, Chinese automobile brands have gradually increased, mainly commercial vehicles. Due to Bangladesh’s geographical advantages (close to China), huge market potential and stable political situation, Chinese enterprises have invested in building factories in Bangladesh.
More than 100 Zhejiang lighting enterprises like Master Parts Supply (Zhejiang) Co.,Ltd, Zhejiang Ruideli Automobile Components Co., Ltd, Hangzhou Miba Mechanical And Electrical Co.Ltd and other production and export enterprises and professional auto parts procurement enterprises from Bangladesh will participate in the online exhibition. The exhibition products include Parts & Components, Electronics & Connectivity, Accessories & Customising, Diagnostics & Maintenance, Alternative Drive Systems & Fuels, Wheels,etc. They’re exactly what the Bangladesh buyers want. It covers the full range of auto parts products. Zhejiang enterprises have basically provided the relevant qualifications and certification. In the coming five days, the Zhejiang enterprises will communicate with Bangladeshl buyers one to one to display auto parts products. During the five-day（from 31st Aug to 4th Sep.） online fair, it is estimated that the trade negotiation will exceed 180 rounds and the intended turnover is expected to exceed $5 million.