Bangladesh Import data for Searching Buyers

The Republic of Bangladesh is in South Asia. It is on the fertile delta of the Brahmaputra and the Ganga and is a densely populated country. Bangladesh has a developing market economy. In the last ten years, poverty has reduced considerably and Bangladesh's ranking has improved in different human development indexes. 

It is a predominately agricultural economy but in recent years several people in Bangladesh are employed in dynamic readymade garments. One of Bangladesh’s top exports is from the readymade garment sector. According to Bangladesh Trade Data, the country imports 4208 products from 202 partners. Presently imports are 23.44% of the GDP. 

 Bangladesh custom import data shows the top import partners of Bangladesh are:

  • China 
  • India
  • Singapore
  • Japan
  • Hong Kong.

Import data Bangladesh  gives the users about imports to Bangladesh from around the world. The data provides important insights to anyone wanting to trade in Bangladesh. Traders can receive the latest data about market share for their product. They can gain a holistic view of the import-export industry in Bangladesh. Traders use the Bangladesh customs data to maximize profitability with minimal risks. They decide the price of the commodity and volume for trade after looking at the current market information. Importers and exporters can examine the database to learn the latest market trends. 

Bangladesh import data shows that in January, Bangladesh imported commodities valued at 6.69 billion USD. Imports have been steadily after the imports dipped to 3.96 billion USD in October, indicating that domestic demand has gradually improved. Businesses have started to import more raw material and other industrial inputs required. The data showed the imports from member countries of ACU (Asian Clearing Union) increased by 11% in the first two months of the month. 

As per the Search Bangladesh shipment data, the top imports in Bangladesh are:-

 

  • Petroleum and oil 
  • Textile 
  • Food items
  • Iron and steel 
  • Edible oil

Other main imports were chemicals, yarn and plastics, and rubber articles. In January Bangladesh imported 100000 tons of rice mainly from India. 

 

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