Bangladesh is a major importer of goods from China, with the latter accounting for over 10% of the country’s total import trade. In 2021, Bangladesh imported goods worth $24.1 billion from China, a significant increase from the previous year’s figure of $18.1 billion.
The top 10 products that Bangladesh imports from China are:
- Textiles and clothing. Bangladesh is one of the world’s largest garment exporters, and China is a major source of raw materials for the Bangladeshi garment industry. In 2020, Bangladesh imported $8.8 billion worth of textiles and clothing from China.
- Electrical machinery and electronics. Bangladesh is a growing market for consumer electronics, and China is a major supplier of these products to Bangladesh. In 2020, Bangladesh imported $1.9 billion worth of electrical machinery and electronics from China.
- Machinery and equipment. Bangladesh is a growing manufacturing hub, and China is a major supplier of machinery and equipment to Bangladesh. In 2020, Bangladesh imported $1.8 billion worth of machinery and equipment from China.
- Iron and steel. Bangladesh is a growing importer of iron and steel, and China is a major supplier of these products to Bangladesh. In 2020, Bangladesh imported $1.7 billion worth of iron and steel from China.
- Plastics. Bangladesh is a growing consumer of plastics, and China is a major supplier of these products to Bangladesh. In 2020, Bangladesh imported $1.5 billion worth of plastics from China.
- Vehicles. Bangladesh is a growing market for vehicles, and China is a major supplier of these products to Bangladesh. In 2020, Bangladesh imported $1.4 billion worth of vehicles from China.
- Fertilizers. Bangladesh is a growing agricultural economy, and China is a major supplier of fertilizers to Bangladesh. In 2020, Bangladesh imported $1.3 billion worth of fertilizers from China.
- Chemicals. Bangladesh is a growing industrial economy, and China is a major supplier of chemicals to Bangladesh. In 2020, Bangladesh imported $1.2 billion worth of chemicals from China.
- Paper. Bangladesh is a growing paper consumer, and China is a major supplier of paper to Bangladesh. In 2020, Bangladesh imported $1.1 billion worth of paper from China.
- Others. In addition to the above, Bangladesh also imports a variety of other products from China, including toys, shoes, furniture, and food.
China is Bangladesh’s largest trading partner, and the two countries have a close economic relationship. The trade between the two countries has grown rapidly in recent years, and China is now Bangladesh’s largest source of imports. Read Benefits & Challenges of Importing China Products in Bangladesh.
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