BANGLADESH

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 303bn (World ranking 41, World Bank 2019)
Population 163mn (World ranking 8, World Bank 2019)
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)

Exports Rank Imports
United States 16%
1
26% China
Germany 14%
2
15% India
United Kingdom 10%
3
6% Singapore
Spain 6%
4
5% Japan
France 6%
5
3% Korea, Republic of

Trade structure by product

(% of total)

Exports Rank Imports
Articles of apparel & clothing accessories 83%
1
17% Textile yarn and related products
Textile yarn and related products 5%
2
6% Textiles fibres and their wastes
Footwear 2%
3
6% Fixed vegetable oils and fats, crude, refined of fractionated
Fish, crustaceans, molluscs and preparations thereof 2%
4
6% Petroleum, petroleum products and related materials
Leather, leather manufactures and dressed furskins 1%
5
5% Specialised machinery

Euler Hermes

Economic Research Team

research@eulerhermes.com

Françoise Huang

Senior Economist for Asia

francoise.huang@eulerhermes.com

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