The Republic of Bangladesh is in South Asia. The riverine country has two main rivers Padma and Jamuna. Bangladesh has an agricultural economy. Bangladesh’s economy has been growing consistently at over 6% since 2005. Exports in Bangladesh have helped the economy grow. Ready-made garments are one of the main exports from Bangladesh. According to Bangladesh customs data, exports of goods and services was 14.80% of the GDP and imports was 23.44% of the GDP.
Bangladesh customs data shows that Bangladesh has a trade deficit since 2009. Trade deficit or negative trade balance signifies Bangladesh’s imports are greater than exports. In October 2020 Bangladesh's trade deficit was 77.6 BDT Billion. We collect Bangladesh custom data from various customs ports around Bangladesh. The information in the database is based on documents collected from customs offices and other governmental offices, trade bodies, and shipping companies.
Bangladesh custom data contains the following information:-
The top trading partners as per Bangladesh Custom data are:-
According to Bangladesh Customs Import Export Data, Bangladesh's import ranking is 50 out of 221 countries and the export ranking is 54 out of 222 countries. In October 2020 Bangladesh imported goods worth 319.85 BDT Billion. The maximum import of 2020 was recorded in January when Bangladesh imported goods worth 400.05 BDT billion. The lowest imports was in April, with Bangladesh importing commodities valued at 99.8 BDT billion. In October 2020 Bangladesh recorded exports valued at 242.23 BDT billion. Examining the data we learn January 2020 saw Bangladesh export commodities worth 264.38 BDT Billion and the lowest exports were recorded in April 2020 was 99.8 BDT billion.
The Bangladesh Custom Import Export data shows top imports in Bangladesh are:-
Top exports in Bangladesh are:-
According to Bangladesh Custom Import Export the top ports in Bangladesh are:-