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Bangladesh trade in 2024

In 2024, Bangladesh exported $58.8 billion and imported $63.6 billion, a trade deficit of $4.8 billion. It was the world's 55th-largest exporter, with 0.26% of world exports. Its top export was t-shirts (14.6% of the total) and its main trading partner was China (19.6% of its trade).

Summary

Exports
$58.8billion
Imports
$63.6billion
Trade balance
-$4.8billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

T-shirts (14.6%) and men's suits and trousers (14.2%) together make up 28.7% of its exports.

  1. T-shirts$8.6 billion · 14.6%
    Main partner: Germany
  2. Men's suits and trousers$8.3 billion · 14.2%
    Main partner: United States
  3. Sweaters and pullovers$7.3 billion · 12.4%
    Main partner: Germany
  4. Women's suits and dresses$6.2 billion · 10.6%
    Main partner: United States
  5. Women's knitted suits and dresses$3.3 billion · 5.7%
    Main partner: Germany
  6. Men's shirts$2.6 billion · 4.3%
    Main partner: United States
  7. Women's knitted underwear and pajamas$1.5 billion · 2.5%
    Main partner: United States
  8. Men's knitted shirts$1.4 billion · 2.3%
    Main partner: Germany
  9. Men's coats and jackets$1.4 billion · 2.3%
    Main partner: United States
  10. Women's coats and jackets$1.3 billion · 2.2%
    Main partner: Germany

What it imports

Refined petroleum (9.5%) and raw cotton (4%) together make up 13.4% of its imports.

  1. Refined petroleum$6 billion · 9.5%
    Main partner: China
  2. Raw cotton$2.5 billion · 4%
    Main partner: India
  3. Cotton yarn$1.8 billion · 2.9%
    Main partner: India
  4. Other knitted fabric$1.8 billion · 2.8%
    Main partner: China
  5. Ferrous scrap$1.6 billion · 2.5%
    Main partner: United States
  6. Synthetic filament fabric$1.4 billion · 2.2%
    Main partner: China
  7. Palm oil$1.3 billion · 2.1%
    Main partner: Indonesia
  8. Heavy cotton fabric$1.3 billion · 2%
    Main partner: China
  9. Mixed fertilizers$1.2 billion · 1.9%
    Main partner: Morocco
  10. Coal$1.1 billion · 1.8%
    Main partner: Indonesia
By Harmonized System chapter (96)
ChapterExportsImports
61 · Knitted clothing$27.5 billion$107 million
62 · Woven clothing$23.4 billion$179 million
64 · Footwear$1.7 billion$332 million
63 · Home textiles and used clothing$1.1 billion$48 million
53 · Other plant fibers$614 million$601 million
65 · Hats$576 million$24 million
42 · Leather goods and bags$557 million$66 million
03 · Fish and seafood$368 million$77 million
67 · Feathers and artificial flowers$274 million$21 million
39 · Plastics$190 million$2.7 billion
30 · Pharmaceuticals$159 million$346 million
24 · Tobacco$156 million$10 million
15 · Fats and oils$156 million$2.1 billion
19 · Baked goods and cereal products$136 million$160 million
52 · Cotton$134 million$7.7 billion
95 · Toys and sports gear$132 million$88 million
90 · Precision and medical instruments$113 million$698 million
41 · Hides and leather$111 million$119 million
87 · Vehicles$111 million$1.3 billion
94 · Furniture and lighting$97 million$181 million
27 · Oil, gas and coal$79 million$8.8 billion
16 · Prepared meat and fish$71 million$3 million
88 · Aircraft and spacecraft$69 million$131 million
85 · Electrical and electronic equipment$61 million$3.6 billion
08 · Fruit and nuts$60 million$445 million
56 · Felt, nonwovens and rope$58 million$232 million
74 · Copper$57 million$306 million
46 · Wicker and basketware$52 million$141 thousand
28 · Inorganic chemicals$51 million$432 million
09 · Coffee, tea and spices$48 million$480 million
72 · Iron and steel$47 million$3.1 billion
69 · Ceramics$44 million$92 million
22 · Beverages and spirits$41 million$6 million
60 · Knitted fabric$41 million$2.3 billion
57 · Carpets and rugs$39 million$15 million
76 · Aluminum$34 million$474 million
48 · Paper and paperboard$31 million$744 million
84 · Mechanical machinery$31 million$4.4 billion
07 · Vegetables$27 million$1.2 billion
12 · Oilseeds and grains$25 million$1.2 billion
38 · Miscellaneous chemicals$25 million$777 million
96 · Other manufactured goods$24 million$525 million
20 · Preserved fruit and vegetables$21 million$21 million
44 · Wood$18 million$30 million
25 · Salt, stone and cement$16 million$640 million
55 · Synthetic staple fibers$14 million$2.2 billion
40 · Rubber$13 million$350 million
17 · Sugar and sweets$11 million$939 million
33 · Perfumes and cosmetics$11 million$187 million
26 · Ores and slag$9 million$87 million
14 · Other plant products$9 million$1 million
73 · Iron and steel products$8 million$516 million
71 · Gems and precious metals$7 million$471 million
49 · Books and printed matter$7 million$60 million
70 · Glass$7 million$149 million
05 · Other animal products$7 million$90 million
10 · Cereals$7 million$1 billion
79 · Zinc$6 million$99 million
29 · Organic chemicals$5 million$1.5 billion
21 · Food preparations$5 million$129 million
59 · Coated and technical textiles$5 million$581 million
68 · Stone, plaster and cement articles$4 million$78 million
18 · Cocoa and chocolate$4 million$26 million
58 · Special fabrics and lace$4 million$561 million
04 · Dairy, eggs and honey$3 million$377 million
82 · Tools and cutlery$3 million$94 million
11 · Milling products and malt$3 million$23 million
75 · Nickel$3 million$3 million
35 · Glues, starches and enzymes$3 million$150 million
91 · Watches and clocks$3 million$24 million
66 · Umbrellas and canes$3 million$31 million
83 · Miscellaneous metal goods$2 million$257 million
54 · Synthetic filaments$2 million$1.9 billion
34 · Soap and cleaning products$2 million$294 million
43 · Fur and fur goods$1 million$581 thousand
13 · Gums and plant extracts$1 million$37 million
02 · Meat and offal$977 thousand$9 million
86 · Railway equipment$893 thousand$62 million
97 · Art and antiques$866 thousand$305 thousand
81 · Other base metals$621 thousand$3 million
23 · Animal feed and food waste$596 thousand$972 million
92 · Musical instruments$513 thousand$2 million
89 · Ships and boats$202 thousand$244 million
32 · Dyes, paints and tanning agents$190 thousand$805 million
93 · Weapons and ammunition$107 thousand$14 million
51 · Wool$102 thousand$89 million
06 · Live plants and flowers$81 thousand$893 thousand
31 · Fertilizers$69 thousand$2 billion
80 · Tin$34 thousand$15 million
50 · Silk$29 thousand$4 million
45 · Cork$10 thousand$216 thousand
78 · Lead$9 thousand$97 million
01 · Live animals$4 thousand$29 million
36 · Explosives and matches$3 thousand$2 million
37 · Photographic goods$1 thousand$58 million
47 · Wood pulp$974$170 million

Trading partners

Its main destination is the United States (14.8% of exports) and its main source is China (35.9% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
United States8.714.8%Sea
Germany8.614.6%Sea
France4.37.3%Sea
United Kingdom4.27.1%Sea
Poland46.8%Sea
Spain3.86.5%Sea
India1.93.2%Land
Italy1.72.9%Sea
Netherlands1.72.9%Sea
Canada1.62.7%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China22.835.9%Sea
India11.317.8%Land
Indonesia34.8%Sea
Singapore2.94.6%Sea
Malaysia2.64.1%Sea
Brazil2.53.9%Sea
United States2.23.4%Sea
Japan1.52.3%Sea
Australia1.32.1%Sea
South Korea1.32.1%Sea

Overview 1995–2024

In 2024, Bangladesh accounted for 0.26% of world exports, compared with 0.09% in 1995.

Exports and imports

Exports grew 12.5-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 58.8
  • Imports 63.6
  • Balance -4.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$4.7 billion$6 billion-$1.3 billion
1996$5 billion$7.2 billion-$2.2 billion
1997$5.7 billion$7.4 billion-$1.7 billion
1998$5.9 billion$8.2 billion-$2.3 billion
1999$5.2 billion$5.7 billion-$512 million
2000$7.2 billion$8.9 billion-$1.7 billion
2001$7.4 billion$9.3 billion-$1.9 billion
2002$7.3 billion$8.7 billion-$1.4 billion
2003$8.8 billion$10.4 billion-$1.6 billion
2004$10.9 billion$12.6 billion-$1.7 billion
2005$11.2 billion$13.9 billion-$2.7 billion
2006$14.8 billion$16.8 billion-$2 billion
2007$15.8 billion$19.2 billion-$3.5 billion
2008$18.1 billion$24.2 billion-$6.1 billion
2009$18.8 billion$23.9 billion-$5.1 billion
2010$21.9 billion$30.1 billion-$8.2 billion
2011$28.4 billion$40.5 billion-$12.1 billion
2012$28.6 billion$36.7 billion-$8.1 billion
2013$32.1 billion$37 billion-$4.8 billion
2014$33.6 billion$39.8 billion-$6.2 billion
2015$36.9 billion$49.2 billion-$12.3 billion
2016$39.1 billion$54.5 billion-$15.4 billion
2017$42.4 billion$66.1 billion-$23.7 billion
2018$46.4 billion$81.8 billion-$35.4 billion
2019$47.1 billion$56.9 billion-$9.8 billion
2020$41.5 billion$49.2 billion-$7.7 billion
2021$52.9 billion$76.5 billion-$23.6 billion
2022$65.9 billion$84.5 billion-$18.6 billion
2023$57.7 billion$69.5 billion-$11.8 billion
2024$58.8 billion$63.6 billion-$4.8 billion

World rank

Bangladesh rose from 66th to 55th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 66th in 1995
  • 55th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199566th
199666th
199764th
199865th
199971st
200067th
200166th
200271st
200371st
200470th
200574th
200670th
200773rd
200874th
200966th
201067th
201167th
201266th
201364th
201463rd
201560th
201651st
201754th
201856th
201953rd
202053rd
202154th
202252nd
202354th
202455th

What it sells

Knitted clothing became its top export group: from 18% to 47%

% of exports by Harmonized System chapter.

  • Other 5%
  • Fish and seafood 1%
  • Leather goods and bags 1%
  • Hats 1%
  • Other plant fibers 1%
  • Home textiles and used clothing 2%
  • Footwear 3%
  • Woven clothing 40%
  • Knitted clothing 47%

Source: CEPII BACI

Show the numbers
Chapter19952024
Knitted clothing17.9%46.7%
Woven clothing42.5%39.8%
Footwear0.91%2.8%
Home textiles and used clothing4%1.9%
Other plant fibers6.2%1%
Hats1.7%0.98%
Leather goods and bags0.26%0.95%
Fish and seafood7.1%0.63%
Other19.4%5.1%

Who it trades with

China went from 6% to 20% of Bangladesh's trade

% of total trade (exports + imports) with each partner.

  • China 20%
  • India 11%
  • United States 9%
  • Germany 7%
  • United Kingdom 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China5.6%19.6%
India8.3%10.8%
United States18.1%8.9%
Germany5.4%7.5%
United Kingdom5%3.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Tripura - Cachar Foldbelt - Bengal basinOil and gas · 5.9 Mt CO₂e
  • Rampal power stationPower · 4.3 Mt CO₂e
  • Ashuganj power stationPower · 3.7 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Dhaka$555.9 billion (PPP, 2021 dollars)
  • Saidpur$121.5 billion (PPP, 2021 dollars)
  • Chattogram$120.6 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

Main partners

See all countries