Imports in Bangladesh

Bangladesh Imports | Economic News & Forecasts

Bangladesh - Imports

The economy appears to have begun fiscal year 2020, which started in June, well. In the first two months of the fiscal year, remittances increased around 12% in U.S. dollar terms compared to the same period a year earlier. Moreover, bank credit extensions also increased over 12% in July in annual terms. These developments indicate healthy domestic demand, and likely offset the introduction of a wider VAT regime and a one-third increase in natural gas prices, which took effect 1 July. However, in July–August, merchandise exports decreased slightly compared to the same period a year earlier, largely due to a small drop in ready-made garment exports amid a slowing global economy.

Bangladesh - Imports Data

2013  2014  2015  2016  2017  
Imports (USD billion)34.1  36.6  37.7  39.9  43.5  

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Note: Imports in USD bn.

Bangladesh Facts

ValueChangeDate
Exchange Rate84.500.14 %Sep 04

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