Country intelligence · BGD · 2024

Bangladesh trade profile

In 2024, Bangladesh recorded $50.9B in merchandise exports and $68.9B in imports, producing a $18.0B trade deficit. Exports changed +5.8% from the previous year, while imports changed -2.4%.^[1]

Exports

$50.9B

+5.8%

Imports

$68.9B

-2.4%

Trade balance

-$18.0B

deficit

Active partners

270

7 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

ExportsImports

Exact annual values

Year	Exports	Imports	Balance	Export growth
2024	$50.9B	$68.9B	-$18.0B	+5.8%
2023	$48.1B	$70.6B	-$22.5B	-14.2%
2022	$56.1B	$88.4B	-$32.3B	+21.3%
2021	$46.2B	$77.4B	-$31.2B	+29.9%
2020	$35.6B	$50.4B	-$14.8B	-13.3%
2019	$41.1B	$43.5B	-$2.5B	+2.5%
2018	$40.0B	$71.7B	-$31.6B	+6.1%
2017	$37.7B	$58.8B	-$21.1B	+9.3%
2016	$34.5B	$48.7B	-$14.2B	+7.2%
2015	$32.2B	$46.3B	-$14.1B	+9.5%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

HS 61 · HS chapter

106 active HS6 lines · 145 export partners

$23.1B

HS 62 · HS chapter

112 active HS6 lines · 143 export partners

$20.2B

HS 64 · HS chapter

25 active HS6 lines · 127 export partners

$1.4B

HS 63 · HS chapter

52 active HS6 lines · 139 export partners

$968.6M

HS 84 · Machinery

513 active HS6 lines · 115 export partners

$782.9M

HS 65 · HS chapter

8 active HS6 lines · 129 export partners

$508.4M

HS 42 · HS chapter

20 active HS6 lines · 135 export partners

$483.5M

HS 03 · HS chapter

210 active HS6 lines · 68 export partners

$329.6M

Leading export markets

Destinations rank bilateral export flows from Bangladesh; growth describes each corridor rather than the whole economy.

United States

Annual change +1.9% · 3-year CAGR 0.6%

$8.0B

Germany

Annual change +0.9% · 3-year CAGR 0.2%

$7.4B

United Kingdom

Annual change -8.2% · 3-year CAGR 0.5%

$4.0B

France

Annual change +79.4% · 3-year CAGR 23.2%

$3.9B

Spain

Annual change -3.4% · 3-year CAGR 1.3%

$3.2B

Poland

Annual change +54.3% · 3-year CAGR 23.4%

$2.7B

Canada

Annual change -2.5% · 3-year CAGR 1.3%

$1.6B

India

Annual change -7.4% · 3-year CAGR 1.4%

$1.5B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.

Data sources Methodology Open country workspace