Best Bangladesh Import Data Provider |
Posted: March 25, 2021 |
Bangladesh is a south Asian nation and is undergoing rapid economic growth in recent years mainly by exports of ready-made garments, shrimps, jute, leather goods, and tea. And the products imported are mostly fuel, capital goods, and foodstuff. Bangladesh has been a member of the World Trade Organisation(WTO) since 1st January 1995. Bangladesh is the founder of the South Asian Association for Regional Cooperation (SAARC) which includes states Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. International trades comprise 38.2% of the country's GDP where imports contributed 23.44% to GDP. The year 2020 has been the worst-hit to all the economies and Bangladesh after hitting the lowest export of $1.8 Billion in April 2020 but recovered and hit a high of $3.1 Billion in December 2020 and it showed a growth of 5% in the financial year 2020. And the import also increased from $2.5 Billion in April 2020 to $5.25 Billion in December 2020. The major import partners of Bangladesh are China (21% of imports), India (12% of imports), Singapore (9% of imports), Hong Kong (5% of imports), and Indonesia (4% of imports). The Bangladesh Trade Data is based on the documents collected from the Bangladesh Customs, National Board of Revenue (NBR). The data includes details such as importer-exporter details, date of shipment, HSN Code, quantity, port details, product description, and mode of shipment. So, for an international trader, it’s essential to get proper details regarding the commodities or goods which he/she wants to get imported from or exported to. And the trend analysis of import-export data helps one to get an ideal commodity or service to trade to or trade from. Bangladesh Imports Data Solutions is the best Bangladesh import data provider. We provide authentic and updated Bangladesh trade data with shipment details. We at Bangladesh Imports Data Solutions provide Import Data Bangladesh to help you improve your business and increase profitability and return on investment. We provide you systematic data to get your ideal trade partner.
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