Team 2: Aornaba Chaudary Aditya Mahajan Ilkin Ilyaszade International Trading Environment BASM 530 February 3rd, 2010 Project 2.

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Presentation transcript:

Team 2: Aornaba Chaudary Aditya Mahajan Ilkin Ilyaszade International Trading Environment BASM 530 February 3rd, 2010 Project 2

Agenda Introduction of the Idea Demand in Destination Market Competitive Advantage of Exporting Country Comparative Advantage Financial Costs Trade Costs

The idea: Importing Specialized Sports Apparel

Imports & Expenditures on Clothing Imports from Sri LankaExpenditures on Clothing in Canada

Competitive Advantages Cheap Labour Costs – Average Hourly Labour Cost (Wages and social charges - in US $) Country Canada USA Mexico Sri Lanka Korea

Competitive Advantages Literate labor force

Major Challenge High Lead Times - Inefficient Fabric Base

Financial Analysis Costs calculated for 500 Kimonos Manufacturing Costs5,000 US $ Freight Charges1,987.5 US $ Import Duties900 US $ Total Cost6,097.5 US $

Financial Analysis Costs Calculated for 1 Kimono Total Cost per unit US $ Selling price per unit50.00 US $ Profit per Kimono US

Trade Costs Political Separation – Exchange Rate Trend Physical Separation – Shipping costs – Customs Tariffs While Importing – Export Duties Relational Separation – Himashanta—Our Local Contact

Exchange Rate Trend 1/Jan/ /Dec/2009 © 2010 by Prof. Werner Antweiler, University of British Columbia, Vancouver BC, Canada.

Conclusion