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Bangladesh Trade Summary

2008

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 2008

Overall Exports and Imports for Bangladesh 2008

Exports and imports of Bangladesh in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 15,507 million.
  • The total value of imports (CIF) was 24,334 million.
  • At the HS6 digit level, 1,694 products were exported to 187 countries and 4,066 products were imported from 196 countries.

Bangladesh top 5 Export and Import partners 2008

Top five countries to which Bangladesh exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Bangladesh exports to United States worth US$ 3,610 million, with a partner share of 23.28 percent.
  2. Bangladesh exports to Germany worth US$ 2,019 million, with a partner share of 13.02 percent.
  3. Bangladesh exports to Antarctica worth US$ 1,473 million, with a partner share of 9.50 percent.
  4. Bangladesh exports to United Kingdom worth US$ 1,332 million, with a partner share of 8.59 percent.
  5. Bangladesh exports to France worth US$ 909 million, with a partner share of 5.86 percent.

Top five countries from which Bangladesh imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Bangladesh imports from China worth US$ 4,561 million, with a partner share of 18.74 percent.
  2. Bangladesh imports from India worth US$ 3,159 million, with a partner share of 12.98 percent.
  3. Bangladesh imports from Indonesia worth US$ 1,418 million, with a partner share of 5.83 percent.
  4. Bangladesh imports from Kuwait worth US$ 1,239 million, with a partner share of 5.09 percent.
  5. Bangladesh imports from Japan worth US$ 1,222 million, with a partner share of 5.02 percent.

Bangladesh Top 5 Productsexports imports at HS 6 digit level 2008

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

  1. Bangladesh exported T-shirts, singlets and other vests, of cotton, , worth US$ 2,908,877.35 million.
  2. Bangladesh exported Men's or boys' trousers, breeches, etc, of cott , worth US$ 2,042,081.43 million.
  3. Bangladesh exported Jerseys, pullovers, etc, of other textiles, kni , worth US$ 1,072,543.39 million.
  4. Bangladesh exported Women's or girls' trousers, breeches, etc, of c , worth US$ 756,369.12 million.
  5. Bangladesh exported Men's or boys' shirts of cotton , worth US$ 590,627.74 million.

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

  1. Bangladesh imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,608,361.55 million.
  2. Bangladesh imported Crude palm oil , worth US$ 1,479,701.88 million.
  3. Bangladesh imported Cotton, not carded or combed , worth US$ 1,361,705.70 million.
  4. Bangladesh imported Vessels and other floating structures for break , worth US$ 867,372.42 million.
  5. Bangladesh imported Urea , worth US$ 547,206.81 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Bangladesh in 2008 are below

  • The maximum rate of tariff in percentage on any product was 25 percent.
  • The simple average tariff across all products was 13.75 percent.
  • The trade weighted average tariff was 7.71 .
  • The total duty free imports in thousands of US dollars were 2,831,148.29 and duty free tariff line items share was 3.90 percent.

Development Indicators 2008

Key Development Indicators of Bangladesh in 2008 are below

  • Bangladesh GDP in current US dollar was 91,631 million.
  • GNI per capita, Atlas method (current US$) was 660.00 .
  • Bangladesh Trade balance: as % of GDP was -7.30.
  • Trade balance in current US$ was -6,692.00 million.
  • Trade as percentage of GDP was 42.62 .
  • Trade in services as percentage of GDP was 6.50 .

Trade Indicators 2008

Trade Indicators for Bangladesh in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 5.12.
  • World Growth in percentage was 7.44 and Bangladesh Country Growth was 9.53 .