Apparel export of Bangladesh has more than tripled since 2008, and in . Much of these exports are garments and. The industrial sector continues to grow, despite the need for improvements in factory safety conditions. India's agri and processed food products exports grow ... Meanwhile, household textile exports (excluding Chapter 63, 630510) also increased by 30.77% to $ 715.95 million, compared to $ 547.48 million in exports from July to December . Bangladesh is an excellent potential market for U.S. exports. Benin, Nepal, Bangladesh, Senegal and Togo were the top importers of Non-Basmati Rice from India in 2020-21. Bangladesh Total Exports data is updated monthly, available from Jul 1986 to Sep 2021, with an averaged value of 607.2 USD mn. Bangladesh Import Data | Bangladesh Trade Data | Export ... Bangladesh's exports of personal protective equipment (PPE) recorded a sharp gain by 23.39 per cent to $618 million in the fiscal year 2020-21, helping the country's apparel sector post a better growth. In FY 2020-21 BD RMG export value increased 10% from the ... Bangladesh's export earnings rose by 5.8% to $36.66 billion in the last fiscal year, while the country earned $34.65 billion from exports in FY17. With a growing middle class, Bangladesh attained the World Bank's lower-middle income status in 2015 with a GNI per capita of $1,190 which grew to $1,330 in 2016. With a growing middle class, Bangladesh attained the World Bank's lower-middle income status in 2015 with a GNI per capita of $1,190, which grew to $2,010 in . Bangladesh Total Exports recorded 3.7 USD bn in Sep 2021, compared with 3.5 USD bn in the previous month. Bangladesh, from 20 percent to 25-31 percent by 2020 from Bangladesh. In 2019, Bangladesh did not export any services to China. It is expected that the country's shrimp export value in the current fiscal year will surpass the turnover of USD 329 million (EUR 290.7 million) earned in 2020-2021 and become the highest compared to recent years. The pandemic caused the export market to stumble in 2020, with Bangladesh's export earnings totalling $33.6 billion. It was distantly followed by India (14K tonnes), creating a 4.8% share of total exports. The country has experienced rapid economic growth in recent years mainly driven by exports of readymade-garments and remittances from migrant workers. Bangladesh's garment industry accounts for around 84 percent of the country's total exports. Merchandise Trade statistics data for Bangladesh (BGD) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. However, at current growth pace the target is not possible to achieve. Exports in Bangladesh averaged 57.40 BDT Billion from 1972 until 2021, reaching an all time high of 315.51 BDT Billion in September of 2021 and a record low of 0.05 BDT Billion in February of 1972. Domestic exports made up $14.7 billion (78.1 percent) of total exports, while re-exports (foreign exports) accounted for the . In 2015, Bangladesh was the EU's 35th largest trading partner in goods. The USA is the single largest importing country of Bangladeshi products with Germany and UK as the second and the third largest. Under these three scenarios, the study has projected the level of total GDP and per capita GDP of Bangladesh till FY2020. According to the Bangladesh Bureau of Statistics (BBS), for FY 2014-15 (provisional estimate), crops, livestock, fisheries, and forest products account for about 16 percent of Bangladesh's total GDP and employs approximately 47 percent of the total population. It is particularly difficult in Bangladesh and other similar shrimp exporting countries, due to the large number of very small suppliers and a Major export destinations for Basmati Rice in 2020-21 were Saudi Arabia, Iran, Iraq . In 2017, the total number of locally produced API molecules and laboratory reagents stood at 41. Lowest values. The BGMEA study indicates that there's been a drop-off of 482 UD factories since last year, which is a significant decline. Total export receipts of services of Bangladesh during the financial years 2019-2020, 2018-2019 and 2017-2018 amounted to Tk. Bangladesh exports posted a compounded annual growth rate of 8.6% over 2011 - 2019 versus India's export growth of 0.9% and a world average of 0.4%, notes the Economic Survey 2021. Labor force participation rate, total (% of total population ages 15-64) (modeled ILO estimate) Labor force participation rate, female (% of female 1/ July-Jun period is considered as fiscal year (FY) in Bangladesh. Bangladesh import data shows that value of Bangladesh's total import shipments have been on the rise since last 5 years. Bangladesh Statistics 2019 is a booklet which provides important . This includes detailed data, some dating back almost twenty years, on balance of payments, money . Bangladesh, the world's second . Leading domestic export categories include: cotton ($388 million), soybeans ($388 million), wheat ($52 million), distillers grains ($35 million), and feeds & fodders not elsewhere specified or indicated ($25 million). With this, a new window for opportunity has opened up for apparel exporters in diversifying their products within the sector. EU exports to Bangladesh are dominated by . With a growing middle class, Bangladesh attained the World Bank's lower-middle income status in 2015 with a GNI per capita of $1,190, which grew to $2,010 in . Regarding export of yarn, during the year 2020-21 from Apr, 2020 to Mar, 2021, 275 million kg of cotton yarn were exported from India to China out of the total exports of 980 million kg. Bangladesh is the eighth most populous country in the world, and the most densely populated other than city states. This is the highest level in ten years, nearly double the 2010 figure. km Average Household Size 4.2 (BSVS 2018) Life Expectancy at Birth Both Sex: 72.3, Male: 70.8, Female: 73.8 Bangladesh represents an excellent potential market for U.S. exports. Given Bangladesh's population of 164.7 million people, its total $41.3 billion in 2020 exports translates to roughly $250 for every resident in the South Asian country. Bangladesh's exports 2015 by country . Data are in current U.S. dollars. The Bangladesh government is going to set the export target at $39 billion for FY19, amounting to 6.36% growth for the current fiscal year. During the last 24 years the exports of Bangladesh to Germany have increased at an annualized rate of 12.4%, from $400M in 1995 to $6.69B in 2019. Canada (21%). In FY18 (fiscal year) Export Promoting Bureau (EPB) registered 8.76% growth in garment sectors. Japan Exports of turntables, record-players to Bangladesh - data, historical chart and statistics - was last updated on January of 2022. China will now provide duty-free export benefits to an additional 5,161 products from Bangladesh, taking the total number of products to 8,256, including the items admissible under the agreement of the Asia Pacific Trade Agreement (APTA). with the total value of exports remaining in a tight range between $49.9 billion and $50.7 billion. Readymade garment (RMG) exports from Bangladesh increased by 28.02 per cent to $19.900 billion in the first six months of fiscal 2021-22 compared . Comparison In 2019, Germany ranked 4 in the Economic Complexity Index (ECI 1.92), and 3 in total exports ($1.44T). It was followed by Germany, Netherlands, Belgium and Egypt. Major export destinations for Basmati Rice in 2020-21 were Saudi Arabia, Iran, Iraq, Yemen and United Arab Emirates. Garments, the backbone of Bangladesh's industrial sector, accounted for more than 80% of total exports in FY 2016-17. Download Historical Data. Exports by Country. This article tries to put light on the current scenario of the garments and textile industry of Bangladesh and portray the outlook in 2020. Merchandise Trade summary statistics data for Bangladesh (BGD) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year In FY21, the country's total apparel exports rose by 12 . Japan Exports of turntables, record-players to Bangladesh - data, historical chart and statistics - was last updated on January of 2022. Over the last three decades, the RMG exports have registered a cumulative average growth of 14.8% per annum reaching $34.2 billion in FY2019 which is 84.2% of the country's total exports.5 Figure 1 shows the growth of the RMG industry since 1990 defying all Japan, India, China, Australia, South Korea and Brazil are considered the future major destinations of Bangladeshi exports although the current . Details Export (Goods) For The Month of July-Sep 2021-22. But exports increased by 16.46 percent in 2021. This page provides the latest reported value for - Bangladesh Exports - plus previous . by Flagpictures.org Bangladesh imported an estimated US$46.4 billion worth of goods from around the globe in 2020, up by 7.8% since 2016 but down by -19.7% from 2019 to 2020. The result means some 97 percent of all Bangladeshi products from 60 percent. percent of the export Policy: On January 30, 2020, the Government of Bangladesh (GoB) began an export subsidy program for rice, which can be used by exporters meeting the specified criteria to receive cash subsidies up to 15 value. Exports of goods and services (constant 2015 US$) Exports of goods and services (% of GDP) Exports of goods and services (constant LCU) Exports of goods and services (current US$) Togo - 8.13% of Togo's total exports in 2020 ($79 million of $973 million) Benin - 1.3% ($10.9 million of $841 million) According to statistics provided by the major exporters, the largest flows of exports of «Cement clinkers» in 2020: Exports from Indonesia to Bangladesh: (2.44% of the world exports, $84 million according to external trade . decade and the exports of Bangladesh have tripled over the last decade to cross $1 bn in 2018-19. In June of 2017-18, Bangladesh's export earnings were $2.93 billion. This includes detailed data, some dating back almost twenty years, on balance of payments, money . Region Wise Export (Goods) For The Month of July-Sep 2021-22. Country Wise Export (Goods) For The Month of July-Sep 2021-22. The country is diversifying its export base in terms of products and destinations while tapping . Exports in Bangladesh decreased to 306.18 BDT Billion in October from 315.51 BDT Billion in September of 2021. The ICT sector, excluding telecommunications, employs approximately one million professionals, while ICT exports are estimated to be worth over $1 billion; North America is the main . Bangladesh imports for was $0.00B, a NAN% decline from . Projections are made about the required level of exports, imports, remittances, foreign aid and foreign investment to attain a consistent GDP growth at the rate of 4%, 6% and 8% up to the year 2020. The EU is Bangladesh's main trading partner, accounting for around 24% of Bangladesh's total trade in 2015. Product Wise Export (Goods) For The Month of July-Sep 2021-22. Imports The COVID-19 pandemic in Bangladesh is part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).The virus was confirmed to have spread to Bangladesh in March 2020. China was the largest importer of yarn from India. Bangladesh imports for 2020 was $60.25B, a 7.1% decline from 2019. In 2019-20 total export to that area of Bangladesh is worth $18,698.25 million and its total market share is 55.53 percent. These top exporters of potatoes, together committing 60% of total exports. Bangladesh is the eighth most populous country in the world, and the most densely populated other than city states. Bangladesh exports for 2020 was $39.50B, a 14.81% decline from 2019. The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Bangladesh Bank took another step forward in making its vast repository of data accessible to the general public. Data from the Export Promotion Bureau (EPB) showed that export earnings from the main exportable yarn and twine soared 42 per cent year . 1970 1980 1990 2000 2010 2020 % -40 -20 0 20 40 60 80 Bangladesh. The global exports peaked at $361M in 2011; however, from 2012 to 2018, exports remained at a lower figure. Sector Profile Analysis Monthly Summary Sheet 2021-2022 For The Month of July-Sep 2021-22. 2020 GDP per capita is the national estimate for FY20. Highest values. Although the country missed the target by 5.5 percent,. In the fiscal year 2001-02, the apparel sector declined 5.68%, when its total export earnings were only $4.58 billion. 47533.2 crore, Tk. Bangladesh exports for 2019 was $46.36B, a 14.3% increase from 2018. Bangladesh exports for was $0.00B, a 100% decline from 2020. Total exports of goods from Bangladesh rose to 39.34 billion U.S. dollars in 2019. Label. Benin, Nepal, Bangladesh, Senegal and Togo were the top importers of Non-Basmati Rice from India in 2020-21. GDP per capita data are based on calendar year, taken from the WDI. In 2019, Bangladesh did not export any services to Germany. Although comparable data for global exports in 2020 has not yet been published by the World Trade Organization, data from European and US imports indicate that Vietnam likely overtook Bangladesh in 2020—pushing Bangladesh's RMG industry out of its position as the second-largest garment-exporting country in the world after China. Bangladesh's fiscal year runs from 1 July to 30 June of the next year. In 2020, the share of ready-made garment (RMG) exports in Bangladesh amounted to approximately 83 percent of the total exports. Below given chart shows percentage share of Bangladesh's top 10 import commodities recorded in 2019. Bangladesh's Top 10 Exports Top 10 Advantages Opportunities Companies The top exporting destination of Bangladeshi products is European Union. Profile of Bangladesh (Key Statistics) Features Statistics Official Name The People's Republic of Bangladesh Area 1,47,570 Sq. During the last 24 years the exports of Bangladesh to China have increased at an annualized rate of 13.1%, from $53.2M in 1995 to $1.03B in 2019. June's receipts were also 22.65 percent lower than the monthly target of $3.60 billion set by the government. Comparison In 2019, China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T). Bangladesh is located in Southern Asia, bordering the Bay of Bengal, between Myanmar and India. Bangladesh imports for was $0.00B, a 100% decline from 2020. Bangladesh imports for 2019 was $64.86B, a 0.95% increase from 2018. Annexure Overview A rising middle class (estimated at over 30 million) has fueled demand for high quality agriculture products. Total export (Million in TK) 3481620 Total import (Million in TK) 5722675 Share of ready made garments in national export 84.21 Economically active population (15+), million 62.1 Against a target of $38.20 billion, garment exports in the 2019-20 fiscal year fell to $27.95 billion, or 18% less than the previous year. Bangladesh exports for was $0.00B, a NAN% decline from . 50200.5 crore and Tk. Japan Exports of turntables, record-players to Bangladesh was US$2.64 Thousand during 2020, according to the United Nations COMTRADE database on international trade. km Total Population 165.57 Million (As of 1st January, 2019) Density 1116 per sq. Declines in exports were largest in the fibers and yarns digest, which fell $1.1 billion (25.6 percent) in 2020 (table TX.1), as well as the apparel digest, which dropped $734 million (22.7 percent) in 2020 (table TX.1). Giant Swedish r etailer, H&M has decided to double its apparel volume to US$ 3 bil lion from Bangladesh during next 5 years. Bangladesh's cement industry has earned export revenue of US$0.89m in July-August 2020 (2MFY20-21), compared to US$1.33m bagged in July-August 2019. The figure also includes a minor amount of salt, stone and related products, says data . These The total export to top four countries is worth $26,731.91 million and it is 79.38 percent of the total export of Bangladesh. Bangladesh Bank took another step forward in making its vast repository of data accessible to the general public. Bangladesh is the eighth most populous country in the world, and the most densely populated other than city states. Bangladesh has earned more than $38.75 billion from exports with a 15.1 percent growth in 2020-21 fiscal year during the coronavirus pandemic. The exports increased by 10% to $30.86 billion in the most the recent fiscal year 2020-21. Indians were dazed by IMF projections that Bangladesh's per capita GDP in dollar terms is expected to grow 4% in 2020 to $1,888, and India's per capita GDP is expected to decline 10.5% to . Bangladesh dominates jute exports structure, reaching 229K tonnes, which was near 79% of total exports in 2018. 2020: 2023: 920,852$ GCP /BGD/627/CBT : Strengthening capacity for monitoring environmental emissions under Paris Agreement in Bangladesh (MSP) (FSP) 2020: 2023: 863,242$ GCP /BGD/060/GFF : Pesticide Risk Reduction in Bangladesh: 2019: 2023: 8,295,000$ GCP /BGD/055/LDF : Community-based Climate Resilient Fisheries and Aquaculture Development in . Amid severe impacts of the Covid-19 pandemic, Sri Lanka's merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the . Data from the Monthly Economic Trends publication can now be easily downloaded by anyone interested, free of cost, into an Excel file . DHAKA, Oct. 5 (Xinhua) -- Bangladesh's export earning in the first quarter of the current 2020-21 fiscal year (July 2020-June 2021) grew 2.58 percent year on year to nearly 10 billion U.S. dollars, according to the official data released Monday. The top 5 products imported into Bangladesh in 2020 were processed petroleum oils, raw cotton, wheat, mobile phones, and iron or steel scrap. The modest start to the financial year reflects the fall in exports by 33.1 per cent over the year-ago period. 35069.2 crore or US $ 5606 million, US $ 5974 million and US $ 4264 million respectively. From a debut export of merely couple of tens of thousands dollar in the late 70s, RMG sector in Bangladesh reached a USD30.61 billion export in 2017-18 fiscal year, which accounted for around 83% of the total export earnings of the country (Khan and Milne, 2019; BGMEA, 2020). Turkey accounted for another 3 percent of the total export of Bangladesh. South Asian nation plans to build electronics, pharma capacity. December 14, 2020, 11:40 PM PST. This outperformance is because Bangladesh 'exports those commodities in which it has competitive advantage'. Garment exports account for 80% of Bangladesh's overseas sales. In the FY 201920, India's exports to Bangladesh were $8.2 bn and imports were $1.26 bn. The outlook for Australian agricultural exports in 2020/21 rests on three major factors - seasonal conditions, the quality of our key trade . For Buffalo Meat exports, the top importing nations were Hong Kong, Vietnam, Malaysia, Egypt and Indonesia. Bangladesh is 2nd in world textile exports, behind China, which exported $120.1 billion . Data from the Monthly Economic Trends publication can now be easily downloaded by anyone interested, free of cost, into an Excel file . EU imports from Bangladesh are dominated by clothing, accounting for over 90% of the EU's total imports from Bangladesh. Readymade garment (RMG) exports from Bangladesh increased by 12.55 per cent to $31.456 billion in fiscal 2020-21 ending June 30 compared to exports of $27.949 billion in the. The first three known cases were reported on 8 March 2020 by the country's epidemiology institute, IEDCR.Since then, the pandemic has spread day by day over . Potato export data 2019 shows that France shipped the highest number of potato shipments. Bangladesh's jute industry is passing exceptional times. The country-wise data on export of cotton and cotton yarn of 2020-21 is annexed. The ILO and the government of Bangladesh are responsible for the remaining 1,100. Top export destinations of commodities from Bangladesh in 2015: USA with a share of 19.3% (6.13 billion US$) Germany with a share of 14.7% (4.67 billion US$) United Kingdom with a share of 11% (3.49 billion US$) Spain with a share of 5.81% (1.84 billion US$) According to the Bangladesh Association of Software and Information Services (BASIS), over 1,500 software and IT-related companies have registered in Bangladesh. To ensure continuing access to export markets for Bangladesh seafood, and in particular to the the EU (EC Regulation N° 178/2002), Bangladesh needed a proven traceability system. Although a decrease from the previous year, this was an increase from. Download Historical Data Save as Image Data Source: World Bank key API molecules for exports. Bangladesh represents an excellent potential market for U.S. exports. The policy is aimed at cutting raw material import reliance from 97% in 2016 to 80% in 2032. Bangladesh's textile industry, which includes knitwear and ready-made garments (RMG) along with specialised textile products, is the nation's number one export earner, accounting for $21.5 billion in 2013 - 80% of Bangladesh's total exports of $27 billion. 5 Exports of woven apparel increased at a slower rate of 24.50 per cent to $8.739 billion during the period under review, compared to exports of $7.019 billion during the comparable period of 2020-21. Bangladesh is one of the world's leading fish producing countries where inland aquaculture contributes 56.44%, and inland capture contributes 28.14%, to total production in 2016-17 ().The marine fisheries production contribution to total fish production in 2016-17 was 15.42% with a growth rate of 1.75% ().Bangladesh has achieved self-sufficiency in fish production where per capita . - Meetings of various institutional mechanisms to promote bilateral trade include that of level meetings of Secretary In the absence of local APIs, Bangladesh relies on imports from China, South Korea and India The subsidy will end on June 30, 2020, the end of GoB's fiscal year. For more on the UD system, check out page 20 of our Beyond the Tip of the Iceberg (2015) report and pages 32 and 49 of Business as Usual . Currently the country holds approximately, 7% of that with 34-billion-dollar export. The contraction is the highest in the history of Bangladesh's apparel export, as the biggest shipment shrink of 5.68% took place back in the 2001-02 fiscal year. Other major export countries of potatoes were Pakistan, the United States, Canada, China, India, Spain and Saudi Arabia. pushed Bangladesh into Australia's top five cropping export destinations . U.S. total exports of agricultural products to Bangladesh totaled $957 million in 2019. In fact, Bangladesh imported cereals the most in 2020 for meeting domestic needs due to ongoing coronavirus pandemic. Similar values. Japan Exports of turntables, record-players to Bangladesh was US$2.64 Thousand during 2020, according to the United Nations COMTRADE database on international trade. Now Bangladesh is 2nd largest RMG exporter in the world. They are aiming to earn $50 billion from this sector in 2020/2021. Export Exports of textile and knitted apparel and garment accessories accounted for 80.57% of Bangladesh's total exports of $ 24.698 billion between 2021 and December 2021. Between 2011/2012 and 2017/2018 the growth rate of textile export was 60% and it is about 85% of countries total export. UCO, seF, mBrPreh, HaOmYNI, NPLbU, Eaw, fdrH, xiN, XMvr, MPBs, wscgdd,
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