Bangladesh

On this page you will find beneficial information regarding foreign direct investment in / trading with Bangladesh. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Parliamentary Democracy
Population: 171.2 million (2022)
GDP: 460.2 billion USD (2022)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 0% - 25%
Major Exports: The top exports of Bangladesh are Knit T-shirts ($9.06B), Non-Knit Men's Suits ($8.82B), Knit Sweaters ($8.02B), Non-Knit Women's Suits ($6.63B), and Knit Women's Suits ($4.08B), exporting mostly to United States ($11.7B), Germany ($10.2B), United Kingdom ($4.86B), Spain ($4.41B), and Poland ($3.53B). In 2022, Bangladesh was the world's biggest exporter of Non-Knit Men's Shirts ($2.59B), Knit Men's Shirts ($1.44B), Jute Yarn ($528M), Jute and Other Textile Fibers ($205M), and Textile Scraps ($171M).
Major Imports: The top imports of Bangladesh are Refined Petroleum ($11.3B), Raw Cotton ($2.9B), Non-Retail Pure Cotton Yarn ($1.97B), Scrap Iron ($1.86B), and Palm Oil ($1.77B), importing mostly from China ($26.8B), India ($13.8B), Singapore ($4.68B), Malaysia ($4.23B), and Indonesia ($3.89B). In 2022, Bangladesh was the world's biggest importer of Heavy Pure Woven Cotton ($1.42B), Heavy Mixed Woven Cotton ($1.03B), Light Pure Woven Cotton ($975M), Flax Woven Fabric ($381M), and Woven Fabric of Synthetic Staple Fibers ($318M).