Bangladesh
Asia & Middle East
Trade in Bangladesh
| Bangladesh was the world’s 51st largest exporter of goods and 78th largest exporter of commercial services in 2022. Export values were $54.70 billion and $8.27 billion USD respectively. Bangladesh’s top export category was Manufactures, followed by Clothing, and Textiles. In 2022, Bangladesh’s main export destination markets for goods and services trade were to United States, Germany and United Kingdom, with trade representing 33.78 per cent of GDP. In terms of imports, Bangladesh is the world’s 46th largest importer of goods and 59th largest importer of commercial services. Import values were $88.23 billion and $12.16 billion USD respectively in 2022. Bangladesh’s top import category was Manufactures, followed by Fuels and mining products and Agricultural products. Leading import partners were China, India and Singapore. Bangladesh is part of 5 different Regional Trade Agreements, including Asia Pacific Trade Agreement (APTA) and Global System of Trade Preferences among Developing Countries (GSTP). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
People's Republic of Bangladesh |
Abbreviation |
BD |
Capital |
Dhaka |
WTO Membership Date |
1 January 1995 |
Legal System |
mixed legal system of mostly English common law and Islamic law |
Language |
Bengali |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Bangladeshi taka |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
http://bangladeshcustoms.gov.bd/users/search_operative_tariff?description=87032311 |
Trade Information Portal |
https://www.bangladeshtradeportal.gov.bd |
Last Reviewed: June, 2024
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