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Export News
2025-08-18
Positioned in South Asia close to economic giants India and China, the People's Republic of Bangladesh shipped an estimated US$57.5 billion worth of goods to global markets in 2024.
That figure reflects a 36.7% increase compared to $42.1 billion in 2020.
From 2023 to 2024, however, Bangladesh's export revenues showed only a modest 1.2% uptick from $56.9 billion.
Bangladesh's outbound shipments remain heavily dependent on apparel and clothing accessories, whether knitted, crocheted, or not. This category represented nearly 84% of the nation's total exports in 2024.
Currency fluctuations also influenced performance. The Bangladeshi taka depreciated by -6.2% against the US dollar from 2023 to 2024, making Bangladesh's export products cheaper in international markets when priced in dollars.
With a population of roughly 172 million people, Bangladesh's export value equaled around $350 per person in 2024—slightly lower than the $380 per capita achieved the previous year.
Bangladesh's 10 Largest Export Categories in 2024
The following categories account for the highest Bangladesh's export revenues:
1.Mineral fuels including oil: US$10.9 billion (16.9%)
2.Cotton: $6.6 billion (10.1%)
3.Machinery including computers: $5.2 billion (8%)
4.Electrical machinery, equipment: $3.9 billion (6%)
5.Iron, steel: $3.5 billion (5.4%)
6.Plastics and plastic items: $2.3 billion (3.5%)
7.Animal/vegetable fats, oils, waxes: $2.1 billion (3.3%)
8.Manmade staple fibers: $1.9 billion (2.9%)
9.Knitted or crocheted fabric: $1.8 billion (2.7%)
10.Manmade filaments: $1.7 billion (2.6%)
Together, these top 10 categories represented 95.4% of Bangladesh's export market in 2024.
The fastest-growing sector was feathers, artificial flowers, and hair products (up 21.7%). Plastics ranked second with an 18.7% increase, while footwear recorded the third-strongest growth at 11.6%.
Conversely, the weakest performer among Bangladesh's export categories was paper yarn and woven fabric, which saw a -16.8% decline year over year.
Key Exported Goods by HTS 4-Digit Code
1.Knitted/crocheted t-shirts & vests (14.3%)
2.Men's suits incl. trousers (14%)
3.Knitted/crocheted pullovers & jerseys (12.3%)
4.Women's non-knitted apparel (10.5%)
5.Women's knitted clothing (5.6%)
6.Men's woven shirts (4.3%)
7.Women's knitted underwear/pajamas (2.5%)
8.Men's woven coats & jackets (2.4%)
9.Men's knitted shirts (2.3%)
10.Women's woven coats & jackets (2.2%)
Major Export Companies in Bangladesh
For businesses seeking to connect with Bangladesh's export suppliers, platforms like Tendata provide tools such as HS code searches, buyer verification, and trade analytics.
For example, in the PVC sector, Tendata data highlights the top 10 suppliers in Bangladesh for 2024: >>Find More Bangladesh Customers
1.MEGHNA PVC LIMITED (54.46%, $21.78M)
2.MIDAS SAFETY BANGLADESH LIMITED (30.87%, $12.35M)
3.BANGA BUILDING MATERIALS LIMITED (4.23%, $1.69M)
4.K ONE LTD (3.03%, $1.21M)
5.GOOD BAGS AND ACCESSORIES LIMITED (1.74%, $0.69M)
6.BRB CABLE INDUSTRIES LTD (0.82%, $0.33M)
7.NATIONAL POLYMER INDUSTRIES PLC (0.66%, $0.26M)
8.VENTURA LEATHERWARE MFY BD LTD (0.49%, $0.20M)
9.RR IMPERIAL ELECTRICALS LTD (0.42%, $0.17M)
10.HONG QUN LEATHER CO LTD (0.37%, $0.15M)
Whether entering the market for the first time or expanding existing operations, analyzing Bangladesh's export data can unlock new opportunities. For deeper insights, businesses can use Tendata's platform for customized research and lead generation.
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