12-Nov-2025
Key Points:
Bangladesh's strong manufacturing sector, especially in textiles and apparel, has made it one of South Asia's fastest-growing economies. Its strategic trade alliances have been essential to increasing exports and drawing in foreign capital.
From major Western economies to neighboring Asian nations, Bangladesh’s trade network reflects a balanced mix of traditional allies and new markets. In this blog post, we will explore the list of Bangladesh trade partners, Bangladesh trade data, Bangladesh import export data and a relevant case study.
Bangladesh's primary industry is the sale of ready-made clothing (RMG). With more than 80% of the nation's total export earnings, the apparel industry is the biggest exporter.
This is the leading industry, accounting for roughly 60% of all exports from the nation and bringing in billions of dollars each year.
In FY 2024–2025, Bangladesh's trade showed significant export growth, projected to reach around $45 billion, a nearly 10% increase, driven by strong garment exports, as per Bangladesh trade data. Imports grew more slowly at 3.3% in the first seven months, leading to a 9% decrease in the trade deficit to nearly $12 billion during that period.
Bangladesh experienced a strong 9.83% rise in export earnings during the 2024–2025 fiscal year, with total exports projected to reach around $45 billion. In the first ten months alone, exports grew by nearly 10%, marking a notable improvement compared to the previous year.
As per the Economic Complexity Index, Bangladesh ranked 52nd among global exporters in 2023–2024 and stands as the world’s leading exporter of men’s shirts, jute yarn, textile fiber, and textile scrap.
Furthermore, the nation’s total exports climbed sharply from $62.2 billion in 2022–2023 to a record $361 billion in 2023–2024, reflecting remarkable growth in its trade performance.
According to bangladesh import data, the first seven months of the 2024–2025 fiscal year (July 2024 to January 2025) recorded $38.11 billion in total imports, reflecting a 3.3% increase compared to the same period in the previous year.
Notably, the trade deficit narrowed by over 9% year-on-year, reaching approximately $12 billion, indicating an improvement in the country’s trade balance.
Bangladesh’s key import partners include India, China, and Iran, while its primary imported commodities consist of cotton (not carded or combed), speed diesel oils, televisions, palm oil, and petroleum products, highlighting the country’s reliance on essential industrial and consumer goods to support domestic demand and production.
Now, analyze the list of the 10 major Bangladesh trade partners.
Here is the list of Bangladesh trade partners:
|
Rank |
Bangladesh top trading partners |
Bangladesh trade statistics (US$ Billions) |
Dominant Trade Type (Imports/Exports) |
|
1 |
China |
22.9 |
Imports |
|
2 |
India |
11.8 |
Imports (primarily) |
|
3 |
United States |
10.84 |
Exports (primarily) |
|
4 |
Germany |
8.28 |
Exports |
|
5 |
United Kingdom |
5 |
Exports |
|
6 |
United Arab Emirates |
5 |
Imports |
|
7 |
Saudi Arabia |
4.5 |
Imports |
|
8 |
France |
4 |
Exports |
|
9 |
Spain |
3.95 |
Exports |
|
10 |
Indonesia |
3.58 |
Imports |
China stands as the largest trading partner of Bangladesh, primarily in terms of imports. It plays a crucial role as a supplier of electronics, construction materials, industrial machinery, and raw textile inputs to Bangladesh. This collaboration significantly supports Bangladesh's ready-made garment (RMG) and manufacturing sectors.
According to Bangladesh trade data, Bangladesh imports essential goods from India, such as food, cotton, machinery, and refined petroleum, while Bangladesh exports seafood, jute products, and ready-made clothing. India and Bangladesh have a strong trade relationship. Their close proximity strengthens bilateral trade relations by enabling efficient land and maritime trade logistics.
The United States is one of Bangladesh's primary export destinations. Over 80% of Bangladesh's total exports to the United States are clothing, which is a significant consumer of Bangladeshi clothing. U.S. imports also include home textiles, seafood, and leather goods. RMG imports are significant even though the US imposes some taxes on Bangladeshi goods.
Based on Bangladesh import export data, Germany is the largest European buyer of Bangladeshi products, especially apparel. As a member of the European Union (EU), Germany's duty-free and quota-free access under the Everything But Arms (EBA) initiative greatly benefits Bangladesh. In addition to RMG, Germany imports leather goods, footwear, and jute, which helps Bangladesh diversify its exports to the European Union (EU) market.
The UK continues to be a major trading partner for Bangladesh despite Brexit. For exports such as knitwear, woven clothing, frozen fish, and ceramics, it remains a significant market. The UK's developing country trade preferences program, which ensures Bangladeshi goods preferential tariff access, further boosts exports. Bilateral trade is also supported by strong ties to the Bangladeshi diaspora.
These are the major Bangladesh trade partners. Connect today to learn about Bangladesh's import partners, top trading partners, export partners by country, and export partners.
Bangladesh is one of South Asia’s fastest-growing trade hubs, known for its thriving textile, jute, and agricultural exports.
For importers, exporters, and researchers, understanding Bangladesh’s trade partners and analyzing its import export data is vital for exploring new opportunities. This case study highlights how ExportImportData.in helped a trading company uncover detailed Bangladesh trade data and Bangladesh trade partners through its verified database.
Company: Global Trade Connect Pvt. Ltd.
Industry: International Trade & Market Research
Objective: To analyze Bangladesh’s key export destinations, Bangladesh import export data and major import sources and to identify Bangladesh trade partners for collaboration.
Before using ExportImportData.in, the client encountered several issues:
ExportImportData.in offered a comprehensive trade intelligence platform tailored to Bangladesh’s market:
“ExportImportData.in helped us quickly map Bangladesh import export data and connect with relevant international partners.”
— Rohit Bansal, Director, Global Trade Connect Pvt. Ltd.
So, Bangladesh’s top trading partners not only fuel its export-led economy but also shape its global economic standing. As the nation continues to expand its industrial base and explore new trade agreements, its partnerships with countries like the United States, China, Germany, and India will remain vital.
With ExportImportData.in, businesses can easily access Bangladesh trade data and Bangladesh Export Data, discover active global partners, and analyze the country’s trade performance in real time. Whether for strategic planning or market entry, the platform provides reliable insights that drive smarter global trade decisions.
Bangladesh trade partners: India
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
Based on Bangladesh trade data, the largest trade partner of Bangladesh is China, with an export of $22.9 billion.
The main trade of Bangladesh is the ready-made garment (RMG) industry, which accounts for over 60% of the country's total export earnings.
Bangladesh imports the most from China. China is its largest trade partner and a major supplier of goods like electronics, machinery, and textiles, which are crucial for Bangladesh's economy.
Based on Bangladesh export data, the major exports of Bangladesh include ready-made garments, which account for over 60% of total export earnings, followed by jute and jute products and footwear.
According to Bangladesh import data, the top Bangladesh imports include China, India and Saudi Arabia.
In FY 2024–2025, Bangladesh's trade showed significant export growth, projected to reach around $45 billion.
As per Bangladesh importer data, the largest importer partner is China.
