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BANGLADESH
Country rating
D3
SENSITIVE RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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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
|
Contact
Euler Hermes
Economic Research Team
research@eulerhermes.com
Françoise Huang
Senior Economist for Asia
francoise.huang@eulerhermes.com