Bangladesh

In 2011, the value of merchandise exports of Bangladesh increased substantially by 26.4 percent to reach 24.3 bln US$, while its merchandise imports increased substantially by 35.1 percent to reach 41.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 16.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG South-eastern Asia at -15.9 bln US$ (see graph 4). Merchandise exports in Bangladesh were diversified amongst partners; imports were also diversified. The top 13 partners accounted for 80 percent or more of exports and 15 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Bangladesh increased moderately by 9.6 percent, reaching 2.5 bln US$, while its imports of services increased substantially by 17.9 percent and reached 5.8 bln US$ (see graph 2). There was a large trade in services deficit of 3.3 bln US$.

Related Subject(s): International Trade and Finance

Countries: Bangladesh