Last update – 30.06.2021
Bangladesh
Country rating

SENSITIVE RISK FOR ENTERPRISE
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP |
USD 303bn (World ranking 41, World Bank 2019) |
Population |
163mn (World ranking 8, World Bank 2019) |
Form of state |
Parliamentary republic |
Head of government |
Sheikh Hasina (PM) |
Next elections |
2023, legislative |
Strengths & weaknesses

- Adequate level of public debt
- Large workers' remittances inflowss
- Low wage costs
- Low external debt stock
- Competitive in low-end manufacturing

- Fragile political environment
- Very low per capita income
- Increasing political social and religious violence and a risk of Islamic terrorism targeting foreigners as well as minorities
- Vulnerable to natural disasters (in particular floodings)
- Vulnerable export base: heavily dependent on garment industry, which also faces increased global competition
- Large trade deficit
- Weak business environment: infrastructure shortcomings, red tape
Trade structure by destination/origin
(% of total)
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Exports | Rank | Imports | ||
United States 16% |
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1 |
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26% China |
Germany 14% |
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2 |
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15% India |
United Kingdom 10% |
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3 |
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6% Singapore |
Spain 6% |
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4 |
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5% Japan |
France 6% |
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5 |
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3% Korea, Republic of |
Trade structure by product
(% of total)
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Exports | Rank | Imports |
Articles of apparel & clothing accessories 83% |
1 | 17% Textile yarn and related products |
Textile yarn and related product 5% |
2 | 6% Textiles fibres and their wastes |
Footwear 2% |
3 | 6% Fixed vegetable oils and fats, crude, refined of fractionated |
Fish, crustaceans, molluscs and preparations thereof 2% |
4 | 6% Petroleum, petroleum products and related materials |
Leather, leather manufactures and dressed furskins 1% |
5 | 5% Specialised machinery |
Contact
Mahamoud Islam
Euler Hermes
Euler Hermes