Bangladesh
U.S. Trade with Bangladesh in 2023
Export Market Rank
#33 Among U.S. Agricultural Export Markets
Total Export Value
$750.71 Million
3-Year Average
$867.97 Million
Compound Average Growth
7.5% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Bangladesh in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Cotton | $336.52 Million | 157,775 | $276.04 Million | 252% |
Soybeans | $302.95 Million | 540,538 | $352.5 Million | 84% |
Distillers Grains | $38.79 Million | 116,755 | $24.19 Million | 885% |
Other Feeds, Meals & Fodders | $18.99 Million | 21,203 | $20.38 Million | 16% |
Other Intermediate Products | $12.34 Million | 167 | $13.4 Million | -39% |
Wheat | $11.6 Million | 35,975 | $46.82 Million | -37% |
Dairy Products | $8.43 Million | 3,280 | $5.99 Million | 11% |
Soybean Meal | $5.32 Million | 10,392 | $26.8 Million | -80% |
Live Animals | $4.41 Million | --- | $4.56 Million | 146% |
Food Preparations | $2.53 Million | 288 | $1.5 Million | 156% |
Data and Analysis
In marketing year (MY) 2024/25, Post forecasts cotton acreage and production slightly lower at 45,000 hectares and 153,000 bales, due to heavy rain in some cotton growing districts during the seed sowing period. For MY 2024/25, Post also forecasts...
On August 5, 2024, former Bangladesh Prime Minister Sheikh Hasina resigned after 15 years in power, following weeks of violent protests. A new Interim Government (IG) was formed on August 8, 2024. The political situation is still evolving. For...
The FAIRS Annual Country Report contains baseline information for Bangladesh as it relates to agricultural and food products. In addition to an overview of the Government of Bangladesh’s regulatory infrastructure on production and import control policies this report includes FAS/Dhaka’s assessment of laws and requirements for food and agricultural imports.
News and Features
News Release
USDA Invests $466.5 Million in Food Assistance, Agricultural Development Projects Worldwide
USDA will provide $466.5 million in FY 2024 funding to strengthen global food security through the McGovern-Dole and Food for Progress programs, Secretary Vilsack announced today.
USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.
For almost 50 years, Bangladesh required U.S. cotton be fumigated because of concerns about the boll weevil. Collaboration between USDA agencies and the Bangladesh Ministry of Agriculture resulted in amended import requirements, exempting the United States from the list of countries required to fumigate cotton upon arrival.