Country rating

D3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 324.2bn (World ranking 38, World Bank 2020)
Population 164.6mn (World ranking 8, World Bank 2020)
Form of state Parliamentary republic
Head of government Sheikh Hasina (PM)
Next elections 2023, legislative
  • Adequate level of public debt
  • Large workers' remittances inflows
  • Low wage costs
  • Low external debt stock
  • Competitive in low-end manufacturing
  • Fragile political environment
  • Very low per capita income
  • Increasing political social and religious violence and a risk of Islamic terrorism targeting foreigners as well as minorities
  • Vulnerable to natural disasters (in particular floodings)
  • Vulnerable export base: heavily dependent on garment industry, which also faces increased global competition
  • Large trade deficit
  • Weak business environment: infrastructure shortcomings, red tape

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
United States 15.8%
1
25.2% China
Germany 14.5%
2
14.6% India
United Kingdom 8.7%
3
4.8% United States
Spain 7.1%
4
4.1% Japan
France 5.0%
5
4.0% Indonesia

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Articles of apparel & clothing accessories 82.3%
1
17.4% Textile yarn and related products
Textile yarn and related products 6.7%
2
6.3% Textiles fibres and their wastes
Footwear 2.2%
3
5.1% Fixed vegetable oils and fats, crude, refined of fractionated
Fish, crustaceans, molluscs and preparations thereof 1.5%
4
5.0% Iron and steel
Textiles fibres and their wastes 0.9%
5
4.4% Specialised machinery
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