Country import demand

Bangladesh
import demand

A reported view of Bangladesh's import scale, sector demand, supplier breadth, economy, and trade history.

BGD1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$68.9B2024 reported
Import growth-2.4%Year on year
Population173.6MReported population
GDP per capita$2.6KCurrent-dollar GDP
Trade openness44.6%Exports + imports / GDP

The country import read

What does Bangladesh import?

In 2024, Bangladesh recorded $68.9B in reported imports. Imports changed -2.4% year on year and -3.8% annualized over three years. Knitted clothing was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$36.5B
2014
$41.4B
2015
$46.3B
2016
$48.7B
2017
$58.8B
2018
$71.7B
2019
$43.5B
2020
$50.4B
2021
$77.4B
2022
$88.4B
2023
$70.6B
2024
$68.9B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$450.1B2024 macro context
GDP growth5.1%Five-year CAGR
Population growth1%Five-year CAGR
Investment rate27.7%National rate
Savings rate22.6%National rate
Trade openness44.6%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Bangladesh
RankSectorImportsShareImport partnersActive HS6
1Knitted clothingHS2 61$106.9M0.2%50106
2Non-knitted clothingHS2 62$179.1M0.3%49112
3FootwearHS2 64$345.2M0.5%3625
4Other made-up textile articlesHS2 63$52.4M0.1%5752
5MachineryHS2 84$5.6B8.2%78513
6HeadgearHS2 65$24.4M0%268
7Leather articlesHS2 42$66.6M0.1%4320
8Fish and crustaceansHS2 03$86.0M0.1%27210
9Other vegetable textile fibresHS2 53$601.2M0.9%2723
10Prepared feathers and hairHS2 67$22.2M0%228

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration714.9Partner HHI
Top 3 partner share38%Reported concentration
FTA partner markets7Reported count
Average distance8,513 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3BGD
Exports Usd$50.9B
Imports Usd$68.9B
Trade Balance Usd-$18.0B
Yoy Exports Growth Pct5.8%
Yoy Imports Growth Pct-2.4%
Exports Cagr 3y Pct3.3%
Imports Cagr 3y Pct-3.8%
Export Partner Hhi714.9
Export Product Hhi450.4
Momentum Score5
Risk Score5.8
Gdp Million Usd450,119.4 million USD
Gdp Per Capita Usd$2.6K
Population173,562,364
Labor Force75,490.9
Investment Rate Pct27.7%
Savings Rate Pct22.6%
Secondary Education Pct59.6%
Tertiary Education Pct6%
Total Factor Productivity239.6
Trade Openness Pct44.6%
Exports Gdp Pct18.9%
Num Active Partners270
Num Fta Partners7
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners2%
Num Shared Language Partners0%
Avg Partner Distance Km8,513 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta3
Pct Partners Shared Language0%
Pct Partners Shared Border0.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km8,648 km
Num Border Partners50
Num Colonial Partners25
Avg Substitution Elasticity-8.7
Pct Products High Elasticity70.6
Pct Products Low Elasticity3.3
Real Market Potential7,710,865.4
Foreign Market Potential54,719.8

Supplier context

Country Iso3BGD
All History Lane Count9,773
Current Lane Count6,551
Critical Lane Count27
High Attention Lane Count1,574
High Volatility Lane Count4,225
Unrecovered Drawdown Lane Count1,804
Declining Demand Lane Count41
Concentrated Market Lane Count2,785
Access Friction Lane Count2,903
Buyer Macro Weakness Lane Count397
Monitored Exports Current Usd$48.9B
Attention Exports Usd$18.3B
Critical Exports Usd$599.2M
High Volatility Exports Usd$22.7B
Unrecovered Drawdown Exports Usd$3.1B
Non Fta Exports Usd$47.1B
Monitored Attention Share Pct37.5%
Monitored Critical Share Pct1.2%
Fta Covered Exports Share Pct3.1%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct15.3%
Export Weighted Distance Km8,229 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$50.9B
Total Imports Latest Usd$68.9B
Trade Balance Latest Usd-$18.0B
Exports Yoy Latest Pct5.8%
Exports Cagr 3y Latest Pct3.3%
Gdp Latest Million Usd450,119.4 million USD
Gdp Per Capita Latest Usd$2.6K
Population Latest173,562,364
Investment Rate Latest Pct27.7%
Savings Rate Latest Pct22.6%
Trade Openness Latest Pct44.6%
Exports Gdp Latest Pct18.9%
Active Partners Latest270
Fta Partners Latest7
Foreign Market Potential Latest54,719.8
Gdp 5y Cagr Pct5.1%
Gdp Per Capita 5y Cagr Pct4%
Population 5y Cagr Pct1%
Partner Hhi Latest714.9
Partner Top1 Share Latest Pct15.7%
Partner Top3 Share Latest Pct38%
Partner Hhi All Avg1,126.8
Partner Hhi All Max1,985.6
Product Hhi Latest450.4
Product Top1 Share Latest Pct12.9%
Product Top3 Share Latest Pct30.6%
Product Hhi All Avg495.4
Product Hhi All Max672.1
Total Exports Attention Share Pct36%
Total Exports Critical Share Pct1.2%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$6.0B$3.5B-$2.6B+0%
1996$6.4B$3.7B-$2.7B+6.5%
1997$6.8B$4.1B-$2.7B+5.7%
1998$7.0B$4.4B-$2.5B+2.7%
1999$7.2B$4.9B-$2.2B+2.9%
2000$7.7B$5.7B-$2.1B+8.2%
2001$8.0B$5.7B-$2.2B+2.8%
2002$8.4B$5.7B-$2.6B+5.2%
2003$9.7B$6.9B-$2.9B+16.4%
2004$11.4B$8.7B-$2.7B+17%
2005$13.0B$9.3B-$3.7B+14.2%
2006$15.6B$11.6B-$4.0B+19.9%
2007$17.1B$12.7B-$4.5B+9.8%
2008$22.6B$16.3B-$6.2B+31.7%
2009$21.9B$15.8B-$6.2B-2.9%
2010$29.6B$19.1B-$10.5B+34.8%
2011$38.5B$24.5B-$14.0B+30.2%
2012$35.6B$24.9B-$10.8B-7.4%
2013$36.5B$26.8B-$9.7B+2.4%
2014$41.4B$29.4B-$12.0B+13.4%
2015$46.3B$32.2B-$14.1B+11.9%
2016$48.7B$34.5B-$14.2B+5.1%
2017$58.8B$37.7B-$21.1B+20.8%
2018$71.7B$40.0B-$31.6B+21.9%
2019$43.5B$41.1B-$2.5B-39.3%
2020$50.4B$35.6B-$14.8B+15.8%
2021$77.4B$46.2B-$31.2B+53.5%
2022$88.4B$56.1B-$32.3B+14.2%
2023$70.6B$48.1B-$22.5B-20.1%
2024$68.9B$50.9B-$18.0B-2.4%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
161Knitted clothing$106.9M0.2%50106
262Non-knitted clothing$179.1M0.3%49112
364Footwear$345.2M0.5%3625
463Other made-up textile articles$52.4M0.1%5752
584Machinery$5.6B8.2%78513
665Headgear$24.4M0%268
742Leather articles$66.6M0.1%4320
803Fish and crustaceans$86.0M0.1%27210
953Other vegetable textile fibres$601.2M0.9%2723
1067Prepared feathers and hair$22.2M0%228

Questions about this profile

Bangladesh import demand, in context

Short answers for import and supplier research.

What does the Bangladesh import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Bangladesh.

What is the latest reported import value for Bangladesh?

Bangladesh recorded $68.9B in reported imports in 2024.

Which sectors lead Bangladesh's imports?

Knitted clothing leads by reported import value at $106.9M.

How many years of Bangladesh import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.