Bangladeshi exports to Asian countries are still low due to absence of proper preferential trade agreements and quality products, even though there are huge trade opportunities in the region.
Exporters and trade analysts say that removing non-tariff barriers, signing trade-friendly bilateral agreements and proper usage of preferential trade deals can boost Bangladeshi exports to the region. They also said that high dependency on developed countries in North America and Europe could risk export earnings.
The export basket is dominated by the ready-made garment (RMG) sector, which accounts for over 80% of total exports, followed by several other products including agricultural products, frozen food, jute and jute goods, leather and leather products.
1. Textiles and Textile Articles
3. Spices and Herbs
4. Natural Gas
5. Fish, Crustaceans and Aquatic Invertebrates
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