GNDP (billion $) | 274,024 |
GNDP Growth Rate (%) | 7.9 |
Population (million | 164,7 |
GNDP Per Capita ($) | 1.647 |
Inflation Rate (%) | 5,5 |
Unemployment rate (%) | 4,4 |
Exports (fob-billion $) | 38,7 |
Imports (fob-billion $) | 54,6 |
Bilateral Trade Volume (million $) (2019) | 935,8 |
The most important export markets for Bangladesh: USA, Germany, United Kingdom, Netherlands and France.
Main Countries for Bangladeshi Imports: China, India, Singapore, Indonesia, Hong Kong.
Main Export Commodities: Ready-made garment, jute, jute fiber, frozen seafood, leather and tea.
Main Import Commodities: Petrol, petrol oils, cotton, textile machinery and their apparels, plastic products, agricultural products and iron-steel.
Bilateral Economic and Trade Relations Between Bangladesh And Turkey
Figures of export, import, trade volume (million $)
Year | Export | Import | Volume | Balance | ||||||||
2015 | 200 | 996 | 1.196 | -796 | ||||||||
2016 | 264 | 881 | 1.145 | -617 | ||||||||
2017 | 294 | 737 | 1.032 | -443 | ||||||||
2018 | 373 | 484 | 857 | -111 | ||||||||
2019 | 427,1 | 508,6 | 935,8 | -81,5 | ||||||||
2020/3 months | 96,6 |
|
269,6 | -76,6 | ||||||||
Main commodities exported to Bangladesh: Iron and steel construction material, cotton, milk and milk products, machines and their components, textile machinery, spices, generators.
Main commodities imported from Bangladesh: Jute yarns & twine, Jute manufacturers knitwear, woven garments, leather, ceramics.
Bilateral Cooperation Mechanisms:
- Joint Economic Commission Meeting (JEC): The last JEC meeting between the two countries (5th period) was held in Ankara on 19-20 November 2019.
- Business Council: The Council was established in 2011.
Agreements on the agenda:
The signing of the Preferential Trade Agreement (PTA) between Bangladesh and Turkey is on the agenda.