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Actual value and historical data chart for Bangladesh Taxes On Exports Percent Of Tax Revenue
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Key information about Bangladesh Total Exports
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Actual value and historical data chart for Bangladesh Exports Of Goods And Services Percent Of GDP
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The Bangladesh market size is projected to grow significantly, with a Compound Annual Growth Rate (CAGR) of 6.5% from 2023 to 2032. The global market size for 2023 is $411 billion, and it is forecasted to reach approximately $685 billion by 2032. This growth is driven primarily by an expanding industrial base, increased foreign investment, and a burgeoning middle class with rising disposable incomes.
One of the key growth factors for the Bangladesh market is the robust expansion of the textiles and garments industry. As one of the largest sectors in the country, it accounts for a significant portion of export revenue and employment. Favorable government policies, such as tax incentives and the establishment of Special Economic Zones (SEZs), have spurred further investment and production capacity in this sector. Additionally, the global shift towards sustainable and ethical fashion has created opportunities for Bangladeshi manufacturers to capture new market shares by adhering to international standards and certification.
Another critical factor contributing to the market growth is the rapid development of the pharmaceutical industry. Bangladesh has emerged as a significant player in the global pharmaceutical landscape, primarily due to its ability to produce generic drugs at competitive prices. The industry has benefited from consistent government support, including relaxed regulatory frameworks and incentives for research and development. Furthermore, the COVID-19 pandemic has highlighted the need for robust healthcare infrastructure, leading to increased investment in medical facilities and pharmaceutical production capabilities.
The burgeoning Information Technology (IT) sector is also a major growth driver. With a young, tech-savvy population, Bangladesh has seen a surge in IT-related activities, including software development, IT services, and business process outsourcing (BPO). Government initiatives such as the Digital Bangladesh Vision 2021 have played a pivotal role in fostering an environment conducive to IT growth. This push towards digital transformation has also attracted significant foreign direct investment (FDI), further bolstering the sector.
Regionally, Dhaka remains the economic powerhouse of Bangladesh, contributing a substantial portion to the country's GDP. The city has seen significant infrastructure development, including the construction of metro lines and expressways, which facilitate business operations and attract investments. Chittagong, as a major port city, also plays a crucial role in the country's trade dynamics, handling a large volume of imports and exports. Khulna and Rajshahi, while smaller in comparison, are growing economic centers with increasing industrial activities and investment opportunities.
The textiles and garments industry is the cornerstone of Bangladesh's economy, accounting for about 84% of the country’s total exports. This sector has experienced exponential growth due to several favorable conditions, including abundant labor supply, competitive labor costs, and supportive government policies. The establishment of Special Economic Zones (SEZs) has provided a controlled environment for businesses to operate efficiently, thereby attracting foreign investors. Additionally, the global trend towards sustainable and ethical production practices has led Bangladeshi manufacturers to adopt international standards, thereby opening new export markets.
Bangladesh's comparative advantage in this sector lies in its ability to produce garments at a lower cost compared to other countries. The availability of a large, skilled, and semi-skilled workforce has made it possible for manufacturers to produce high volumes at competitive prices. Moreover, government incentives such as tax holidays, subsidies, and reduced import duties on raw materials have further fueled growth in this sector. The implementation of advanced technologies like automated sewing machines and cutting-edge design software has also enhanced production efficiency and quality.
The industry's growth is not without its challenges. Issues such as poor labor conditions, safety concerns, and environmental impacts have drawn international scrutiny. However, significant strides have been made to address these issues through initiatives like the Bangladesh Accord and the Alliance for Bangladesh Worker Safety, which aim to improve factory safety and workers' rights. Additionally, th
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Actual value and historical data chart for Bangladesh Total Debt Service Percent Of Exports Of Goods Services And Income
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Actual value and historical data chart for Bangladesh Merchandise Exports To High Income Economies Percent Of Total Merchandise Exports
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Exports in Bangladesh decreased to 462.35 BDT Billion in August from 484.73 BDT Billion in July of 2025. This dataset provides the latest reported value for - Bangladesh Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Actual value and historical data chart for Bangladesh Short Term Debt Percent Of Exports Of Goods Services And Income
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Key information about Bangladesh Total Imports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies In Sub Saharan Africa Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies Within Region Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies In Latin America The Caribbean Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies In Europe Central Asia Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies In South Asia Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Merchandise Exports To Developing Economies In Middle East North Africa Percent Of Total Merchandise Exports
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Actual value and historical data chart for Bangladesh Public And Publicly Guaranteed Debt Service Percent Of Exports Excluding Workers Remittances
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Actual value and historical data chart for Bangladesh Debt Service Ppg And IMF Only Percent Of Exports Excluding Workers Remittances
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Actual value and historical data chart for Bangladesh Transport Services Percent Of Service Exports Bop
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Imports in Bangladesh decreased to 581.21 BDT Billion in August from 696.31 BDT Billion in July of 2025. This dataset provides the latest reported value for - Bangladesh Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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India Exports to Bangladesh was US$11.32 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports to Bangladesh - data, historical chart and statistics - was last updated on December of 2025.
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Actual value and historical data chart for Bangladesh Taxes On Exports Percent Of Tax Revenue