Bangladesh Trade Data
The Republic of Bangladesh is in South Asia and borders India and Myanmar. Bangladesh's economy has grown at an average rate of 6% in the last twenty years. The country is dependent on agriculture. According to Bangladesh Trade Data, Bangladesh registered a trade growth of 2.68%.
Bangladesh's trade data is based on imports and exports occurring throughout the year. Any traders wanting to carry out import and export business in Bangladesh will be interested in the data. Traders can examine the database to note fluctuations in demand and understand business cycles. They can monitor the practices of their competitors. It can help them find new business partners and explore alternative markets.
The top trade partner’s of Bangladesh are:-
- India
- United States
- United Kingdom
- China
- Japan
According to Bangladesh Import Data, Bangladesh recorded imports of $4.0 billion in September 2020 and $3.6 billion in August 202. Historical data revealed that the highest imports were recorded in January 2019 when Bangladesh imported $5.5 billion the lowest import were recorded in November 1987 when it imported $98.8 million. Bangladesh import data showed the top imported products of Bangladesh are:-
- Machinery including computers
- Cotton
- Mineral fuels including oil
- Electrical machinery, equipment
- Iron, steel
Bangladesh importers data shows some of the top importers in Bangladesh are:-
- Exim Traders Bangladesh
- Akhter International
- Agroworld
- Ozeol International
- Dream Tex Apparels
Bangladesh Export Data shows Bangladesh export jumped to $3.1 billion in September 2020 compared to exports in August 2020 when it exported $2.6 billion. Data collected over 30 years showed that the highest exports in Bangladesh were reported in July 2019 $3.3 billion and the record low in Jul 1986 $52.5 million. According to Bangladesh export data, the top exported products in Bangladesh were:-
- Knit or crochet clothing, accessories
- Clothing, accessories (not knit or crochet)
- Footwear
- Miscellaneous textiles, worn clothing
- Paper yarn, woven fabric
