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Bangladesh Trade Summary

1998

Bangladesh exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BANGLADESH 1998

Overall Exports and Imports for Bangladesh 1998

Exports and imports of Bangladesh in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,057 million.
  • The total value of imports (CIF) was 7,018 million.
  • At the HS6 digit level, 644 products were exported to 135 countries and 3,910 products were imported from 160 countries.

Bangladesh top 5 Export and Import partners 1998

Top five countries to which Bangladesh exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Bangladesh exports to United States worth US$ 1,993 million, with a partner share of 39.41 percent.
  2. Bangladesh exports to Germany worth US$ 449 million, with a partner share of 8.88 percent.
  3. Bangladesh exports to France worth US$ 447 million, with a partner share of 8.85 percent.
  4. Bangladesh exports to United Kingdom worth US$ 371 million, with a partner share of 7.34 percent.
  5. Bangladesh exports to Italy worth US$ 273 million, with a partner share of 5.41 percent.

Top five countries from which Bangladesh imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Bangladesh imports from India worth US$ 1,041 million, with a partner share of 14.83 percent.
  2. Bangladesh imports from China worth US$ 727 million, with a partner share of 10.35 percent.
  3. Bangladesh imports from Japan worth US$ 479 million, with a partner share of 6.82 percent.
  4. Bangladesh imports from Singapore worth US$ 455 million, with a partner share of 6.49 percent.
  5. Bangladesh imports from Korea, Rep. worth US$ 425 million, with a partner share of 6.06 percent.

Bangladesh Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Bangladesh along with trade value are:

  1. Bangladesh exported Men's or boys' shirts of other textiles, nes , worth US$ 450,664.26 million.
  2. Bangladesh exported Men's or boys' shirts of cotton , worth US$ 421,845.12 million.
  3. Bangladesh exported Frozen shrimps and prawns , worth US$ 257,363.81 million.
  4. Bangladesh exported Jerseys, pullovers, etc, of other textiles, kni , worth US$ 255,325.76 million.
  5. Bangladesh exported Men's or boys' jackets and blazers of other tex , worth US$ 235,774.16 million.

The top five imported HS 6 digit level products from world by Bangladesh along with trade value are

  1. Bangladesh imported Cotton, not carded or combed , worth US$ 236,638.06 million.
  2. Bangladesh imported Semi-milled or wholly milled rice , worth US$ 200,450.70 million.
  3. Bangladesh imported Vessels and other floating structures for break , worth US$ 193,570.38 million.
  4. Bangladesh imported Portland cement (excl. white) , worth US$ 183,960.50 million.
  5. Bangladesh imported Petroleum oils and oils obtained from bituminou , worth US$ 177,016.54 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Bangladesh in 1998 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 27.52 percent.
  • The trade weighted average tariff was 22.14 .
  • The total duty free imports in thousands of US dollars were 865,382.67 and duty free tariff line items share was 6.43 percent.

Development Indicators 1998

Key Development Indicators of Bangladesh in 1998 are below

  • Bangladesh GDP in current US dollar was 49,985 million.
  • GNI per capita, Atlas method (current US$) was 410.00 .
  • Bangladesh Trade balance: as % of GDP was -4.37.
  • Trade balance in current US$ was -2,182.00 million.
  • Trade as percentage of GDP was 27.88 .
  • Trade in services as percentage of GDP was 3.93 .

Trade Indicators 1998

Trade Indicators for Bangladesh in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.17.
  • Index of export market penetration was 3.52.
  • World Growth in percentage was -0.47 and Bangladesh Country Growth was 2.85 .