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Bangladesh Business & Economic Overview

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Bangladesh

Area: total: 144,000 sq km

Natural resources: natural gas, arable land, timber, coal

Land use: arable land: 73%, permanent crops: 2%, permanent pastures: 5% ,forests and woodland: 15%, other: 5%

Population: 139 million

Ethnic groups: Bengali 98%, tribal groups, non-Bengali Muslims

Religions: Muslim 83%, Hindu 16%, other 1%

Languages: Bangla (official, also known as Bengali), English

GDP: purchasing power parity - $238 billion

GDP - real growth rate: 5.3%

GDP - per capita: purchasing power parity - $1,800

GDP - composition by sector: Agriculture: 30%, industry: 18%, services: 52%

Industries: cotton textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizer, light engineering, sugar

Agriculture - products: rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry

Exports: $6 billion

Exports - commodities: garments, jute and jute goods, leather, frozen fish and seafood

Exports - partners: US 31.2%, Germany 9.95%, UK 8.06%, France 5.82%, Italy 4.42%

Imports: $9 billion

Imports - commodities: machinery and equipment, chemicals, iron and steel, textiles, raw cotton, food, crude oil and petroleum products, cement

Imports - partners: India 12.2%, Singapore 7.8%, Japan 6.7%, China 6.4%, US 5.3%

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