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How dependent is Bangladesh on India?

In 2024, India sold $11.3 billion to Bangladesh, 17.8% of its imports, ranking 2nd among its suppliers. Its share was 14.5% in 2019 and 13.3% in 1995. In 102 products it sells more than 50% of what Bangladesh buys of them (in 47, more than 75%); what Bangladesh buys from India in those products (dominated value) adds up to $5.3 billion, 8.4% of its imports.

Summary

Share of its imports
17.8%
Value imported
$11.3billion
Rank among its suppliers
2nd
Products where it sells over 50%
102
Products where it sells over 75%
47
Dominated value
$5.3billion
Share of total imports
8.4%

Trend

Trend in shares

India went from 13.3% to 17.8% of what Bangladesh buys

Share (%)

  • India 17.8%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
199579413.3%1
19961,24117.2%1
19971,04214.1%1
19981,13113.7%1
199963611.1%3
20007748.7%2
20011,03611.2%1
20021,30915%1
20031,57215.1%1
20041,60012.7%2
20051,57811.4%2
20062,06612.3%2
20072,58113.4%2
20083,26713.5%2
20092,61010.9%2
20103,33911.1%2
20114,31610.7%2
20124,28711.7%2
20134,55712.3%2
20146,25515.7%2
20155,86511.9%2
20166,01111%2
20178,55513%2
201810,13912.4%2
20198,24214.5%2
20207,91316.1%2
202114,09218.4%2
202213,81816.4%2
202311,25316.2%2
202411,31817.8%2

Products where India sells more than half

ProductSupplierShareSecondValue
Cotton yarnIndia84.2%over 75%China · 7%$1.6 billion
ElectricityIndia100%over 75%Singapore · 0.02%$1.1 billion
Motorcycle and bicycle partsIndia72%China · 22.4%$244 million
Meal from other oilseedsIndia98.8%over 75%Malaysia · 0.86%$157 million
Pepper, dried chili and paprikaIndia98%over 75%China · 1%$125 million
Direct-reduced ironIndia100%over 75%—$122 million
Anise, coriander and cumin seedsIndia92.6%over 75%Italy · 3.7%$100 million
Bran and milling residuesIndia81%over 75%Tanzania · 7.1%$99 million
MotorcyclesIndia88.4%over 75%China · 5.9%$97 million
Auto partsIndia53.2%China · 33.1%$93 million
Nitrogen heterocyclic compoundsIndia55.9%China · 32.7%$89 million
Ginger, saffron, turmeric and other spicesIndia53%China · 29.3%$87 million
RiceIndia87.4%over 75%South Korea · 4.3%$85 million
Unwrought aluminumIndia51.2%Malaysia · 37.1%$80 million
New tiresIndia51.4%China · 33%$78 million
Uninsulated aluminum cableIndia89.6%over 75%China · 10.4%$77 million
TrucksIndia70.8%Japan · 15.6%$74 million
Unwrought leadIndia68.8%China · 10.7%$64 million
Airplanes and helicoptersIndia77.2%over 75%France · 22.8%$60 million
TractorsIndia67.1%China · 32.5%$60 million
Gravel and crushed stoneIndia98.2%over 75%Poland · 0.68%$59 million
Spark-ignition enginesIndia88.6%over 75%Norway · 4.5%$56 million
Other slag and ashIndia91.5%over 75%China · 8.3%$49 million
Other organic compoundsIndia97%over 75%China · 1.5%$45 million
Large-diameter steel pipesIndia84.3%over 75%Malaysia · 12.9%$43 million
Chassis with enginesIndia98.3%over 75%Japan · 0.96%$41 million
MolassesIndia98.8%over 75%United States · 0.51%$34 million
FerroalloysIndia96.8%over 75%China · 3.2%$33 million
Granite and building stoneIndia96.9%over 75%Malaysia · 1.5%$26 million
Railway freight carsIndia68.9%China · 31.1%$26 million

and 72 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from India

Bangladesh is India’s 7th-largest customer, with 2.5% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.