Bangladesh

Last update – 30.06.2021
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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
  • 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

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  Exports Rank Imports  
United States 16% 1 26% China
Germany 14% 2 15% India
United Kingdom 10% 3 6% Singapore
Spain 6% 4 5% Japan
France 6% 5 3% Korea, Republic of

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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
Mahamoud Islam
Euler Hermes