Bangladesh's export receipts have maintained an upward trajectory with a 34.54 percent year-on-year growth in February as the recovery from a pandemic-induced rut continues apace. EU exports to Bangladesh are dominated by . Bangladesh exports a wide range of household appliances as well as other electronic and electrical goods to Africa, the Middle East, and other parts of the world. Soft - Import export Bangladesh. The Bangladeshi terry towel business is exclusively focused on exports. Factors contributing to the growth of export from Bangladesh. YOY and MOM comparison of growth and share of top export products of Bangladesh. Export of Light Engineering products/ Equipment fetched over 600 million US$. It will effective and efficient to all classes of people and business.Continue Bangladesh needs to meticulously explore new markets of readymade garments, leather goods, pharmaceutical products, jute and jute goods to boost exports and withstand the impact of the Covid-19 pandemic, said trade analysts, policymakers, economists and exporters. Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear) suits : 62046290 62046300 62044290. shorts shirt. More than 30,000 light engineering units are in operation around the country. Among the very few in Bangladesh, the pharmaceutical industry is the fastest-growing sector in the country. According to the statistics of CIA FactBook, Bangladesh exported US$37,829 million worth of goods around the world in 2018. In 2020, Bangladesh was the EU's 34 th largest trading partner in goods. Bangladesh has manufactured a variety of ICT equipment including a computer and peripheral devices, communication devices, consumer electronic devices, electronic components, and other information and technology equipment. In comparison to 2016, Bangladesh tariffs fell by 20.10% in 2019. Pharmaceutical is one of the fastest growing sectors in Bangladesh. Advanced users can use our Python/R/Matlab packages. 2022-02-10. Bangladesh is now the third-largest exporter of bicycles to the European Union and the eighth-largest exporter in the world, according to data by Eurostat. These agricultural products have been shipped to different counties throughout the world like the United States, Europe, and the Middle East countries. PhotoGallery, : The aquaculture sector of Bangladesh is a major contributor to food security and foreign exchange earnings and plays a prominent role in the Bangladeshi economy. The Home textile sector has gradually emerged as a new player in textile production and exports from Bangladesh. In this blog, we will give you information about Bangladesh's Import-export data on the trade sector. Traditional use of jute fibre includes production of geo-degradable bag and sacks for packing all kinds of agricultural produces, minerals, fertilizer, cement, sand, sugar etc. unwrought aluminium ** we intend to claim rewards under merchandise exports fromindia scheme (meis) ** 48.758 : MTS : 1734.67 : 84578.86 : benapole : bangladesh: 22-Nov-2016: hyderabad air cargo: 29419090 : cefuroxime sodium sterile usp(04nos of aluminium canisters 14ltr.,05kgs capacity)(meis sl.no . Choose New & Economical suppliers & manufacturers in Bangladesh from 66 Flow exporters based on export shipments till Nov - 22 with Price, Buyer, Qty, Ph, Email & Linkedin. Copyright 2021 Business Inspection | All rights reserved, Bangladeshs GDP, Investment, and Export May Boost by Liberal Trade, Economically Most Important Bridges in Bangladesh, Consumer Electronics Industry Impact on Bangladesh Economy, PK Halder: The Man Behind An 11 Thousand Crore Scam, The Success History of Rooh Afza and Hamdard. Create profitable strategy to export Knitting pin from Bangladesh with Top Knitting pin exporting importing countries, Top Knitting pin importers & exporters based on 22 export shipment records till Nov - 22 with Ph, Email & Linkedin. Bangladesh has blessed with fertile soil and a pleasant climate for the production of agro products. According to data from the Export Promotion Bureau (EPB), foreign exchange earnings from shrimp exports in the last six months were $268.95 million, a jump from the $194.58 million registered in the same period of FY2020-21. In last few years, Bangladesh has experienced rapid growth in export earnings with total figure reaching US$ 31.21 billion during the last financial year from July 2014 to June 2015. Major export items of Bangladesh are as follows: Bangladesh is the second largest textile and apparel items exporter in the world, after China. Export earnings from frozen and live fish decreased by 12.98 per cent to $132.8 million from $152.6 million while the shrimp export fell by 18.44 per cent to $100.10 million in the first quarter of FY23. According to industry insiders, more than 20 Bangladeshi pharmaceutical companies, including Incepta, Beacon, Square, Popular, Eskayef, Beximco, Opsonin, ACI, Renata, and Ziska, exported COVID drugs. Prime Minister #SheikhHasina on Sunday reiterated her call to the countrymen to boost #food #production for their own, urging them to cut #dependency on imported # . Bangladesh export increased by more than 34% to $52.08 billion and according to the Export Promotion Bureau (EPB), its the highest export earning for the fiscal year 20212022. The Bangladeshi leather sector recorded growth across all categories in the first nine months of the current fiscal year. The United States accounts for only 15% of the total exports from Bangladesh. Traditional sector includes raw jute, jute products, tea, raw hide and its products, frozen food, newsprint etc. Bangladesh exports for 2018 was $40.73B, a 8.17% increase from 2017. The packaging and the presentation of the products of Bangladesh are comparable to any international standard. Save my name, email, and website in this browser for the next time I comment. It mainly exports toys, garments items, and vegetables. To ensure proper quality and goodwill, all the producing units use advanced manufacturing plant with high-tech latest machinery. Jute fiberis traditionally used to make biodegradable bags and sacks for packing agricultural products, minerals, fertilizer, cement, sand, sugar, and other items. It is proudly working in Bangladesh for 40 years. Bangladesh is exporting frozen shrimp to about 30 countries of the world including USA, Japan, Belgium, UK, The Netherlands, France and Germany. Bangladesh is the second largest exporter of clothing products after China and is benefiting from the China shift. The country . Each of the units has its own in-house laboratory facility for quality control and testing mechanism. Here is a list of Bangladesh top 10 export products which are the followings: Bangladesh is regarded as the second-largest exporter of textile, Knitted, or crocheted clothing accessories in the world. 2020 - 2022 List Networks. No Registration Required, Free service. In recent times, toiletries and cosmetics items of Bangladesh have made significant improvement as regards quality and packaging. Over the last decade, Bangladeshs fish exports have increased by 135%, while wild shrimp export by 40% and farmed prawns by 95%. Ready-made Garments sector is one of the most cash cows for Bangladesh in the export sector. Agricultural Products : Corn, Maize, Rice. In 2020, Bangladesh has implemented a Tariff Rate of 10.99%, a 2% increase from 2019. Find out how UK companies can control risks when doing business in Bangladesh. Jute is also utilized as carpet backing and for other purposes such as footwear, handbags, and wallets. Required fields are marked *. In the fiscal year 2021-22, Bangladeshs raw jute exports brought in BDT 6.59 billion. Bangladeshi Citizen Registration Form Moreover, Bangladesh is a major supplier of knitwear products to the European Union. Owing to rapid expansion of the export-oriented manufacturing sector, Bangladeshs export earning has doubled in just five years, despite slow pace in the recovery of global economy. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Medical practitioners, chemists, and regulatory organizations in all of the importing countries have praised these items. Bangladesh, a riverine deltaic country having 0.33 million hectors of inland water and 480 km coast line with its warm tropical climate, offers a vast reserve of fresh and brackish water fish, including shrimps and crabs. +86-178-0111-6005 the website of, https://www.youtube.com/watch?v=poeO7evIcRY. Export of plastic products has risen to a great extent and is poised to be the next big export earner. Import export process of goods and services are the main concerns of international trade. We have all sort of business set up and licensing to do the business smoothly. Jute goods exports stand second after RMG in the recent fiscal year. Garments including knit wear and hosiery account for 80% of exports revenue; others include: jute goods, home textile, footwear and frozen shrimps and fish. New investment in eco-friendly manufacturing is . Though textile & apparel sector still remains the predominant contributor in the countrys export earnings, other sectors such as pharmaceuticals, ceramic tableware, plastic and ceramic articles, leather products, agro-products, software & IT solutions, home appliances, electrical gadgets, ships & vessels, light engineering products are emerging progressively. Telephone 2: +86-10-6532 3706Fax: 86-10- 6532 4346
The Trading Economics Application Programming Interface (API) provides direct access to our data. The market is mainly driven by rising consumer disposable income, improved living standards, changing fashion trends, and growing domestic and international tourism. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Bangladesh had a total export of 31,734,162.42 in thousands of US$ and total imports of 48,058,710.04 in thousands of US$ leading to a negative trade balance of -16,324,547.62 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Bangladesh is 11.82% and the Most Favored Nation (MFN) Weighted Average tariff is . It help to increase and expands business. The readymade garment export in 2020 decreased by 16.94 per cent to $27.47 billion from $33.07 billion in 2019, according to the Export Promotion Bureau data released on Monday. Bangladeshs jute industry is going through an exceptionally successful period. You should refer to the specific In the nine months to March 2022, leather goods exports totaled $242.0 million, increasing by 34.41% from the same period of the past fiscal year. Light Engineering Industries play a significant role in augmenting the industrial base and volume of foreign trade of Bangladesh. Sign Up. Every year Bangladesh produces 7.0 to 8.0 million bales of raw jute, and the nation exports 0.6 to 0.8 million bales of raw jute each year. Bangladesh is an agro-based country. Bangladesh is now considered to be one of the fastest growing economies in the world. The major export products of Bangladesh are knitwear, agricultural products, frozen food, jute, and leather. The software is a recent booming industry in Bangladesh and enjoys progressive rises in export volume. Trading Economics welcomes candidates from around the world. Bangladesh operates a thriving textile and clothing export industry and is one of the world's largest garment exporters. Annual Report 2020-2021. Share of Leather (HS 41) goes down 4% compare to Last year. Prime Minister #SheikhHasina on Sunday reiterated her call to the countrymen to boost #food #production for their own, urging them to cut #dependency on imported # . Download Historical Data. The trade worth $4 billion in 2018 has increased each year since 1990. In the first five months of the year (January - May), Bangladesh exported ready-made garments to the USA worth 4.12 billion USD. Bangladesh Contact Person: Ajijur Rahman (Proprietor) Contact this Supplier. White label accounts can distribute our data. Bangladesh now exports varieties of home appliances and other electronic and electrical products to Africa, the Middle East and some other regions of the world. Bangladesh has exported a wide range of seafood which includes freshwater and saltwater fish, prawns, hilsa, tilapia and panga, and crabs. A slow and steady entrance in high value products is pushing up export value. It produces and exports a variety of towels and similar products. Bangladesh is the fifth-largest seafood cultivated country in the world. Bangladesh has produced a wide range of specialist Pharmaceuticals Products such as HFA inhalers, CFC inhalers, suppositories, nasal sprays, injectables, IV infusions, and so on, in addition to standard forms such as tablets, capsules, and syrups. Bangladesh exports manufactured toiletries and cosmetics to various countries such as UAE, Malaysia, Republic of Korea, Oman, Jordan, Sri Lanka, Saudi Arabia, France, Singapore, and other nations. Exporters earned $1.3 billion from the sale of home textiles from July 2021 to April 2022 of the current fiscal year, a 39% increase over the same period from the previous fiscal year. Unites States. Most clothing buyers come from the United States. In 2008, Bangladesh has become a ship exporting country. We have a plan for your needs. Non-traditional sector includes cloths, handicrafts, fruits, vegetables etc. Bangladesh: Browse through 78 Manufacturer producer in the import - export industry on Europages, a worldwide B2B sourcing platform. Export Data Select Year2022-20232020-20212021-20222019-20202018-20192017-20182016-20172015-20162014-20152013-20142012-20132011-20122010-2011 Select MonthJuly-OctoberJuly-SeptemberJuly-AugustJulyJuly-JuneJuly- MayJuly-AprilJuly-MarchJuly-FebruaryJuly-JanuaryJuly-DecemberJuly-NovemberService Select T . According to Bangladesh Export data, Bangladesh export revenues have risen sharply in recent years. Bangladesh exports for 2019 was $45.99B, a 12.91% increase from 2018. Currently Bangladeshs main export items are garments, jute and juterelated goods, leather, frozen fish and seafood. Bangladesh relies quite heavily on exports to provide for the needs of its Bangladesh Exports Bangladesh is world's second-biggest apparel exporter after China. The EU is Bangladesh's main trading partner, accounting for around 19.5% of Bangladesh's total trade in 2020. Find more export advice and explore opportunities overseas on great.gov.uk . and customers can reach to businesses. This was an increase over the previous year when Bangladeshs RMG exports were almost $28 billion. If it succeeds in sustaining this growth in the domestic and export markets, the market value of the country's plastics industry is expected to reach USD 115.10 billion by 2023. Bangladesh now exports home textiles and towels worth $1.2 billion annually. Bangladesh exports bicycle mostly to Germany, Denmark, the UK, the Netherlands, Portugal, Belgium, Italy, and Bulgaria. Besides shrimp, live fish exports have also grown by 34%, earning $4.41 million. 11,567 companies 2 Products Denim Cargo Pants. Of which, Bangladesh is contributing only 0.5%. Bangladeshi export of RMG products increases by 59.06% in the US market. Electronic and electrical industry in Bangladesh is one of the fastest growing industries with immense potential. If the present yearly growth trend remains stable at 24%, plastic toy exports are predicted to reach an estimated $466.31 million by 2030. Vegetables, fruits, aromatic fine rice, tea and other agro-products are being exported regularly. The Bangladesh trade sector is growing rapidly, and Bangladesh import-export data is an important part of that growth. In average annually the country makes over $2,000 billion from export trade. For the maximum MFN application rate, it is recommended that the application be at least 25%. Bangladesh also exports tons of clothing and textiles to countries such as Poland, Italy, Russia, Austria, France, Denmark, and the Netherlands. In view of growing amount of export deals secured by local shipbuilding companies as well as the abundance in skilled workforce at low cost, experts suggest that Bangladesh could emerge as a major competitor in the global market of small to medium size ocean-going vessels. Most remarkable agro-based products are rice, jute, and tea. To fulfill the rising global demand for modern vessels all production units use state-of-the-art manufacturing plants with modern machinery to ensure proper quality and goodwill. There has been over 119% growth in bilateral trade in goods and services between 2007 and 2012. Using the most modern method of production, technology and world class raw materials, the finished products are of international standard and capable of competing with products of the renowned companies of the world. The commerce ministry is drawing up a ten-year perspective plan, which includes a target to increase the leather sectors export earnings from below $1 billion to $10-12 billion by 2030. Rice is considered the main staple in the Bangladeshi diet. CP10, Holiday Notice of the 47th anniversary of the martyrdom of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and National Mourning Day, REOI Notice_Dhaka Sylhet Corridor Road Investment Project. Shipbuilding has become one of the most successful and fastest-growing manufacturing and exporting industries in Bangladesh. This has had a good impact on the economy of the country. Bangladesh has acquired international prominence as the primary source of high-quality jute. Countrys software export registered more than 40% growth for last few years. The Government of Bangladesh introduced the new Import Policy Order 2015-18 on February 2016. Bangladesh is the third largest apparel exporter in the USA market. In FY 2021-22 Bangladesh earned a record $51 crore from exporting light engineering products, he said. A wardrobe essential . With good export numbers and few labor costs, this . Bangladesh is also exporting its natural resources such as leather, textiles, electricity, tea, agricultural crops, and vegetables to India. Powered by Azi Solutions. Thereby Bangladeshi manufacturers are targeting the European markets for exports, especially the UK, Germany, Italy, and Netherlands. Business, Coupon & The UK exported 450 million of goods and services to Bangladesh in . Objectives of The Export Policy of Bangladesh These products have been well accepted by medical practitioners, chemists, patients and the regulatory bodies of all of their importing nations. As an agricultural country, this country exports rawhide, jute, tea, fish , and some other products. Our best and exclusively collected product make a prominent impression about Bangladeshi product in different international market. Currently Bangladesh's main export items are garments, jute and jute-related goods, leather, frozen fish and seafood. These Cargo Pants are 100% cotton, 10 OZ Denim fabric offers a unique combination of comfort and excellence. Other than the apparel industry, there are many other sectors that are playing a significant role in the countrys export earnings. Jute is a long, soft, and silky vegetable fiberthat may be woven into thick, strong threads. consular.bdootbeijing@yahoo.com At present, ceramic tableware is being exported to USA, UK, Italy, Spain, France, New Zealand, the Netherlands and Australia, Sweden. A number of unconventional jute products such as footwear, hand bag, wallet have already been introduced and efforts are going on to further improve the quality of jute fabrics as well as to develop high-value innovative products from jute fibre and jute straw. 4. Email (Passport/Visa/Consular): Wellcreator, Developed by Recently, a few local companies have also established complete manufacturing plants for many electronic products in joint collaboration with foreign companies. Bangladesh is the fourth largest sweet water fish producing country and the fifth largest fish cultivating nation in the world. Bangladesh has many potential agro-based items for export. 3. Bilateral trade between China and Bangladesh reached US$ 10.31 billion in 2013 from only about a billion USD in 2002. Explore trading relationships hidden in supply chain . Export earnings from shrimp increased by 23.84% to $407.25 million in FY22. Popular The new policy puts emphasis on easing the imports of raw materials for use in export-oriented industries. The country prepares high-quality Toiletries and cosmetics products by using modern technology of production and world-class raw materials. Chaoyang District, Beijing - 100600, China
Bangladesh Export Import Company Limited is the largest company within the BEXIMCO Group and operates across multiple industry verticals. Email: bdembassybeijing@yahoo.com, Bangladesh China Trade and Economic relationship, Investment Promotion Agencies & Special Zones in Bangladesh, MADE IN BANGLADESH WEEK 12-18 November 2022, Invitation for Prequalification for Contract No. A recent Financial Express report states that the countrys vegetable shipments have achieved 100% growth in the July-August period of the current FY. In last three decades, numerous electronic products assembly plants and spare parts producing companies have been established in Bangladesh. Telephone 1: +86-10-6532 2521
There are three major local exporters in the bicycle industry, with Meghna Group being the largest, then comes Pran-RFL, and Alita Bangladesh. Almost all the producing units have succeeded in establishing their brand names in the international ceramic tableware market. A wide range of knitwear and woven garment goods, including shirts, pants, T-shirts, jeans, jackets, and sweaters, are included in the RMG exports of Bangladesh. The European Union (EU) countries are one of the biggest markets for bicycles, where consumers buy around 18 million units a year. Bangladesh earns $100 million from vegetables, $42 million from spices, $4,500 from cotton, and $700 million from dry goods. Out of the $27.47 billion earnings from RMG in 2020, $11.92 billion came in the January-June period and $15.54 billion in the July-December period, the data showed. in 2021, bangladesh's most valuable exported products were knitted or crocheted t-shirts and vests (14%), unknitted and non-crocheted men's suits including trousers (12.9%), knitted or crocheted jerseys or pullovers (12.3%), unknitted and non-crocheted women's clothing (10.5%), knitted or crocheted women's clothing (6.9%), unknitted and Bangladesh also has self-sufficient industries in food processing, pharmaceuticals, and steel. . There is still huge potential for growth in bilateral trade. Readymade Garments According to Statista, the export value of RMG sector in Bangladesh reached approximately $31.46 billion. Based on Bangladesh export statistics, here are the top most exported products of Bangladesh. Akhter International was established in 1970. The country's bicycle export markets have also diversified to countries like Congo, Gabon, and Ivory Coast in South Africa apart from Europe through Red, Feral, and Inigo brands. bangladesh Export Shipment to india 41057. Bangladesh exports its clothing products in most of the major economic countries. Bangladesh export earnings from software crossed US$ 100m for the first time in the last fiscal year 2012-13. China, India, and Pakistan are the main importers of raw jute from Bangladesh. Bangladesh now has an estimated export growth of Software and Information and communication technology (ICT) products at $ 1.3 billion, with the goal of reaching $5 billion by 2025. So, the main import items of this country are iron, medicines, chemical products , and machinery. Along with regular forms like tablets, capsules and syrups, Bangladesh also exports specialized products like HFA inhalers, CFC inhalers, suppositories, nasal sprays, injectables, IV infusions, etc. The majority of the country's trade is conducted with the USA but a small portion of exports also sees its way to Germany, the UK, France and Italy. Among prohibited goods are weapons, narcotics, psychotropic This is over 27% more than they made in the same period last year. The country shipped fish and fishery products to over 50 countries, including the EU, the United States, Japan, Russia, China, Vietnam, Australia, the United Arab Emirates, India, and Malaysia. Similarly, Bangladesh is Chinas third largest trading partner in South Asia. Major Export products of Bangladesh Bangladeshi export sector is divided into two segment. hlpdskbdootbeijing@yahoo.com, 42 Guang Hua Road,
Our Supply . Bangladesh produces a variety of agricultural products such as rice, wheat, corn, legumes, fruits, vegetables, chicken meat, fish, and seafood. Export of jute and jute goods increased by 15.71 per cent to $245.65 million from $212.29 million, the data showed. 2015-2018, the list of, As per the informations provided on Import industrialized products: Bangladesh is underdeveloped in the industry. Prohibited goods cannot be exported, imported, transited, sold or circulated in Software crossed US $ 1billion annually from software export by next 5 years years, shipbuilding has one This was an increase over the past decade, Bangladeshs fish export has increased year. Tariff Rate of 10.99 %, a number of beauty and personal care companies FY! Worth $ 1.2 billion annually $ 33 million by exporting jute and jute bangladesh export products! Rate of 10.99 %, a 8.17 % increase from 2018 bangladesh export products 23.84 % to $ million! 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