Bangladesh Business - Industry, Agriculture, Import & Export Trade
Bangladesh has a wide variety of natural and agricultural resources. There are considerably large amounts of coal and gas, hard rock, lime stone and silicone sand in the country and these are important raw materials for many industries. Bangladesh's main industries are cotton, textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizers, sugar and light engineering.
In spite of the large quantities of agricultural resources available, the agro-based industries have not been properly utilized, because of a lack of technology and investment. Even the country's marine recourses are grossly under-exploited.
Bangladesh's major trading partners for both imports and exports are the USA, India, Japan, China, Australia, South Korea, Hong Kong, Malaysia, Indonesia, Taiwan, Saudi Arabia, UAE, and other European countries.
Bangladesh's economy depends on the import of both consumer items and industrial raw materials. Bangladesh's major import products are raw cotton, crude petroleum, wheat, oil, seeds, edible oil, petroleum products, fertilizer, yarn, capital goods, staple fibers, iron and steel.
The main export items of Bangladesh are tea, leather and leather products, garments, seafood, paper, furnace oil, urea, ceramic products, raw jute and jute products such as Hessian sacking, carpets and carpet backing.
The economic growth rate of Bangladesh has been maintained at a around 5% during the past ten years in spite of frequent natural calamities. In 2002 – 2003, the domestic savings rate was about 18.23% and the GDP was $275.7 billion in 2004. In the same year, the annual per capita was US$2000, growth rate 4.9%, industrial growth rate at constant price 6.5%, inflation rate 6% and the investment rate 23.5% of GDP.
Bangladesh's main invested sectors are, Service, Textiles, Chemicals, Food and food related industries, glass and ceramics and energy based projects.
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User Comments & Reviews
2010-09-01 07:05:16
I want to do business of Fashion Jewellry (made of wood.terracotta,jute,stones,artificial diamonds etc) in Bangladesh.Anyone interested please contact on my Email ID.
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2010-08-01 07:58:29
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2010-07-10 10:39:59
i am looking for henna buyers in bangladesh
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2010-06-24 15:13:44
I am looking Buyer to export garments from Bangladesh to any country
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2010-06-02 13:22:13
I am from india and want to export potato from india to Bangladesh..I am looking for direct buyer....Anybody interested please reply
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2010-05-20 04:55:14
We are want to Export any kind of vegitable from bangladesh to Europ Intersted person please communicate rony_duet@yahoo.com
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2010-05-18 06:50:43
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2010-05-15 12:52:11
We are looking buyer for any kind of good qualityfood produce etc,if any one have requirement please let us know by mail shova73@ hotmail.com
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2010-04-29 11:16:36
I want to purchase fabrics and textiles from Bangladish, but directly from the manufacturers. I need Cotton, Kashmir, wool, silk and all other types, but most important I need samples or even pictures, as well as contacts in the factories. I'm from Egypt, so also I need to know the shipping cost.
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2010-04-20 12:32:52
I want to purchase fabrics and textiles from Bangladish, but directly from the manufacturers. I need Cotton, Kashmir, wool, silk and all other types, but most important I need samples or even pictures, as well as contacts in the factories. I'm from Egypt, so also I need to know the shipping cost. please send me an e-mail on ahmed.atef313(at)gmail.com
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