Bangladesh (BGD)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Bangladesh - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 2.2% $891.27M | 19.0% $15.28B | 13.4% $16.18B |
| 2 | India (IND) | 3.1% $1.23B | 11.7% $9.41B | 8.8% $10.64B |
| 3 | Spain (ESP) | 6.4% $2.55B | 8.2% $6.59B | 7.6% $9.14B |
| 4 | USA (USA) | 16.3% $6.54B | 2.8% $2.24B | 7.3% $8.79B |
| 5 | Germany (DEU) | 15.5% $6.23B | 1.6% $1.26B | 6.2% $7.48B |
| 6 | Singapore (SGP) | 0.7% $294.72M | 7.3% $5.87B | 5.1% $6.17B |
| 7 | China, Hong Kong SAR (HKG) | 0.6% $231.72M | 5.8% $4.67B | 4.1% $4.90B |
| 8 | Japan (JPN) | 3.4% $1.37B | 3.4% $2.76B | 3.4% $4.13B |
| 9 | United Kingdom (GBR) | 10.1% $4.05B | 0.0% $0 | 3.4% $4.05B |
| 10 | Indonesia (IDN) | 0.0% $0 | 4.0% $3.18B | 2.6% $3.18B |
- In 2024, Bangladesh's total trade was $120.6B, with $40.1B in exports and $80.5B in imports, resulting in a trade balance of -$40.4B.
- The country's top export is non-knitted apparel (HS2 62), accounting for 41.6% of total exports with a value of $16.6B.
- The leading import product is Cotton (HS2 52), with imports valued at $10.7B, representing 13.3% of the total.
- Bangladesh's primary export destination is the United States, receiving 16.3% of exports, valued at $6.5B.
- China is the largest source of imports, providing 19.0% of all imported goods, amounting to $15.3B.
- Globally, Bangladesh was ranked 175 for total trade in the latest available data.
Exports Profile
In 2024, Bangladesh's export economy was heavily reliant on the textile industry. The top two export categories, Non-knitted Apparel (HS2 62) and Knitted Apparel (HS2 61), collectively represented 82.2% of the nation's total exports, valued at $16.6B and $16.2B respectively. The primary destination for its goods was the United States, which received $6.5B (16.3%) of exports. Other major export partners included Germany, with exports valued at $6.2B, and the United Kingdom.
Imports Profile
On the import side, Bangladesh's needs are centered on raw materials for its industrial sector and capital goods. The top import was Cotton (HS2 52), with a value of $10.7B, which is essential for its garment industry. This was followed by Machinery and mechanical appliances (HS2 84) at $9.2B and Mineral fuels (HS2 27) at $8.1B. The main source of imports was China, accounting for $15.3B (19.0%) of the total, followed by India at $9.4B.
Exports
Bangladesh - exports over time (Exports), 2015-2018 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Bangladesh - export composition by product categories (Exports), 2024 (USD)
Bangladesh - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Bangladesh - imports over time (Imports), 2015-2018 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.