Posts

Showing posts from April, 2021

Bangladesh Imports Data- Explore Import Trade

As we are going to know about the import data of Bangladesh let's look at some key points about Bangladesh first. Bangladesh is located in South Asia near the Bay of Bengal. Bangladesh has neighbours like India (One of the strongest countries in the world). Bangladesh has a population of around 16 Cr which makes Bangladesh the eighth-most populous nation in the world. According to the Import Data Bangladesh , Bangladesh imports valued at USD 50 Billion in the year 2019. Global wise, it stood 18th position in imports. According to the Bangladesh government of import and export goods, Bangladesh's major imports are cotton, machinery, oils, mineral fuels, electrical equipment, iron and steel, vehicle, etc. Bangladesh's top import partners are China, India, Singapore, Hong Kong, Malaysia, Brazil, Kuwait, Indonesia, Japan, and South Korea. The government made a strategy to import hydropower from neighboring Asian Countries like Bhutan and Nepal as about 56% of Bangladesh

Bangladesh Customs Data - To Get Benefits Trading with Bangladesh

Image
The Republic of Bangladesh is on the northern coast of the Bay of Bengal. Bangladesh shares a border with India and Myanmar. Bangladesh has an emerging economy and is one of the fastest-growing economies in the world. Recent reforms have reduced poverty levels across the country. Bangladesh is an agricultural economy. The read-made garment sector is a large employer and is a major foreign exchange earner for the country. According to  Bangladesh customs data , foreign trade is 37% of the GDP. Bangladesh customs data is invaluable data for importers/exporters, manufacturers, management consultants, logistics companies, and financial institutions. The information provided allows traders to find profitable commodities if they wish to diversify. They can identity ideal price and volume bands for their commodities. Importers and exporters can find profitable buyers and sellers. They can find new markets. Importers and exporters can use the database to get an idea about their market share.