Bilateral Trade - Asian
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Major Export Items in 2014-15 (In million US $):Woven Garments (163.145); Knitwear (141.796); Home Textile (24.09); Agri Products (26.792); Frozen Food (12.224); Leather and Leather Product (209.321); Footwear (24.702); Raw Jute (17.943); Jute Goods (97.477); Bicycle (0.104); Others (73.41) .Major Import Items in 2014-15 (In million US $):Cotton,(all types) cotton yarn/thread and cotton fabrics (1609.4); Nuclear reactors, Boilers, Machinery and mechanical appliances, parts thereof (1346.5); Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles (1007.1); Man-made staple fibres (456.5); Knitted or crocheted fabrics (382.5); Iron and steel (338.1); Man-made filaments; strip and the like of manmade textile materials (311.7); Plastics and articles thereof (217.7); Fertilizer (195.1); Organic chemicals (182.5); Inorganic chemicals, organic or inorganic compounds of precious metal, of rare-earth metals, of radioactive elements or of isotopes (144.4); Articles of apparel and clothing accessories, knitted or crocheted (144.4); Tanning or dyeing extracts tannins and their derivatives, dyes, pigments, and other colouring matters, paints and varnishes, putty and other mastics, inks (121.8); Special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, embroidery (108.5); Vehicles other than railway or tramway, rolling stock and parts and accessories thereof (104.3); Paper and paper board, articles of paper, pulp of paper or of paper board (94.1); Arms and ammunition; parts and accessories thereof (83.5); Articles of iron or steel (70.6); Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, parts and accessories thereof (59.5); Rubber and articles thereof (57.6); Edible vegetables and certain roots and tubers (50.1); Edible fruit and nuts, peel of citrus fruit or melons (45.2); Aluminium and articles thereof (35.6); Coffee, tea, mate and spices (21.2); Silk yarn/thread and silk fabrics (14.5); Others (1046.9). Source: Import Payment: Bangladesh Bank and . |
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Major Export Items in 2014-15 (In million US $):Woven Garments (372.769), Knitwear (279.78), Home Textile (29.233), Agri-Product (2.999), Frozen Food (16.574), Leather & Leather Product (40.715) , Footwear (95.22), Raw Jute (0.264), Jute Goods (4.508), Others (73.157). Major Import Items in 2014-15 (In million US $):Ships, boats and floating structures (450.6); Iron and steel (403.9); Vehicles other than railway or tramway rolling - stock, and parts and accessories thereof. (267.7); Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (161.6); Plastics and articles thereof (26.5); Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (22.7); Ores, slag and ash (22.0); Zinc and articles thereof (20.4); Copper and articles thereof (19.8); Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. (11.5); Rubber and articles thereof (8.7); Others (108.2. Japan FDI Inflows (Gross) in Major Sectors during 2015.
Source: Import Statistics, Bangladesh Bank, Prepared by: DCCI Research Cell |
Trade Fact Sheet: South Korea
1. The Economic Structure
GDP |
$1.54 trillion (2017 est.) (nominal) |
Income Level |
High income |
GDP Growth Rate |
3.1% |
GDP Composition |
Agriculture: 2.2%, industry: 39.3% and services: 58.3%. (2017 est.) |
FDI Inflow |
17.1 billion |
Inflation |
1.9% |
2. Trade Indicators
Rank in foreign trade in the world |
Export (5), Import (9) |
Total Export |
$577.4 billion (2017 est.) |
Total Import |
$457.5 billion (2017 est.) |
Exports - partners |
China 25.1%, US 12.2%, Vietnam 8.2%, Hong Kong 6.9%, Japan 4.7% (2017) |
Imports - partners |
China 20.5%, Japan 11.5%, US 10.5%, Germany 4.2%, Saudi Arabia 4.1% (2017) |
Export Commodities |
semiconductors, petrochemicals, automobile/auto parts, ships, wireless communication equipment, flat displays, steel, electronics, plastics, computers |
Import Commodities |
crude oil/petroleum products, semiconductors, natural gas, coal, steel, computers, wireless communication equipment, automobiles, fine chemicals, textiles |
3. Top industrial Products
Electronics, telecommunications, automobile production, chemicals, shipbuilding,
4. Top Agricultural Products
Rice, root crops, barley, vegetables, fruit, cattle, pigs, chickens, milk, eggs, fish
5. Bilateral Trade between S. Korea and Bangladesh
· South Korea offered duty free access of some 4,803 products originating in Bangladesh
Value in million US$
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Year |
Export |
Import |
Trade ratio |
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2012-13 |
(250.49) |
(1297.09) |
1: 5.178 |
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2013-14 |
(344.81) |
(1200.34) |
1:3.48 |
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2014-15 |
(269.03) |
(1222.84) |
1:4.54 |
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2015-16 |
(280.09) |
(1145) |
1:4.09 |
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2016-17 |
(238.23) |
(1242.83) |
1:5.22 |
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2017-18 |
(254.84) |
(1273.77) |
1:5 |
EPB, Bangladesh Bank
6. FDI Inflow in Bangladesh from South Korea
FY2010 ($46.75 mn), FY2011 ($73.83mn), FY2012 ($104.98 mn), FY2013 (124.94mn), FY 2014(140.63), FY 15 (138.49), FY 16 ($178.50 mn), FY 17($243.08 mn).
FDI Inflows (Net) in Major Sectors during 2017.
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(In million US$) |
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Textile and Wearing |
154.29
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Banking |
3.80 |
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Trading |
9.14 |
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Pharmaceuticals and Chemicals |
0.03 |
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Leather and Leather Products |
3.01 |
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Computer Software and IT |
0.09 |
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Construction |
0.35 |
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Other Sector |
72.37 |
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Total FDI Net Inflows |
243.08 |
Source: Bangladesh Bank
7. Potential Investment Avenue for S. Korea in Bangladesh
Electronics, R & D, ICT, Waste Treatment, Clean Energy
| Year | Export | Import | Trade Ratio |
| 2003-04 | 92.28 | 425.59 | 1:4.61 |
| 2004-05 | 108.60 | 415.59 | 1:3.83 |
| 2005-06 | 136.98 | 517.14 | 1:3.77 |
| 2006-07 | 125.35 | 747.34 | 1:5.96 |
| 2007-08 | 155.13 | 821.11 | 1:5.29 |
| 2008-09 | 117.12 | 850.75 | 1:7.22 |
| 2009-10 | 150.72 | 787.32 | 1:5.22 |
| 2010-11 | 218.00 | 772.85 | 1: 3.54 |
| 2011-12 | 245.43 | 704.06 | 1:2.87 |
| 2012-13 | 345.11 | 611.19 | 1:1.771 |
| 2013-14 |
21776.07(280.51) |
59223 (762.88) |
1:0.37 |
| 2014-15 |
19196.61 (247.16) |
66203.8 (852.37) |
1:3.45 |
Major Export Items in 2014-15 (In million US $):Woven Garments (62.181); Knitwear (36.925); Home Textile (0.643); Agri Products (6.922); Frozen Food (5.469); Leather & Leather Products (93.431); Footwear (13.806); Raw Jute (0.004); Jute Goods (0.004); Others (27.771).. Major Import Items in 2014-15 (In million US $):Cotton (all types), cotton yarn /thread and cotton fabrics (175.9); Articles of apparel and clothing accessories, not knitted or crocheted (119.8); Electrical machinery and equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (86.0); Man-made filaments; strip and the like of man-made textile materials (58.2); Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (43.4); Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery (43.2); Man – made staple fibres (31.2); Plastics and articles thereof (28.9); Knitted or crocheted fabrics (21.9); Paper and paperboard; articles of paper pulp, of paper or of paperboard (20.2); Impregnated, coated, covered textile fabrics etc. (13.6); Pulp of wood/ fibrous cellulosic material etc. (9.6); Tanning or dyeing extracts; their derivatives etc. (6.7); Salt; sulphur; earths and stone; plastering materials, lime and cement (5.2); Articles of apparel and clothing accessories, knitted or crocheted (2.5); Others (144.6). Source: Import Payment, Bangladesh Bank & Prepared by DCCI Research Cell |
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Major Export Items in 2012-13 (In million US $):Frozen Food (1.315), Agree-products (21.485), Tea (0.007), Chemical Products (0.68), Leather (0.03), Raw Jute (0.034), Jute Goods (0.896), Knitwear (44.608), Woven Garments (24.586), Others (6.471). Major Import Items in 2010-11 (In million US $):Live animals; animal products (0.855), Vegetable products (4.095), Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (136.865), Prepared foodstuffs; beverages, sprits and vinegar; tobacco and manufactured tobacco substitutes (9.652), Mineral products (1198.563), Products of the chemical or allied Industries (50.79), Plastics and articles thereof; rubber and articles thereof (84.915), Raw hides and skins, leather, furskins and articles thereof; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut) (0.049), Wood and articles of wood; wood charcoal; cork and articles of cork; manufactures of straw, of esparto or of other plaiting materials; basket ware and wickerwork (3.621), Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (6.443), Textiles and textile articles (37.069), Footwear, headgear, umbrellas, sun umbrellas, walking sticks, seat-sticks, whips, riding-crops and parts thereof; prepared feathers and articles made there with; artificial flowers; articles of human hair (0.362), Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware (1.08), Base metals and articles of base metal (70.5), Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (126.078), Vehicles, aircraft, vessels and associated transport equipment (1.8), Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; clocks and watches; musical instruments; parts and accessories thereof (3.265), Miscellaneous manufactured articles (2.887) |
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Major Export Items in 2012-13 (In million US $):Frozen Food (1.24), Agri-Products (9.303), Chemical products (0.613), Leather (0.205), Raw Jute (0.062), Knitwear (17.671), Woven Garments (16.493), Others (110.412). Major Import Items in 2011-12 (In million US $):Live animals; animal products (1.505), Vegetable products (5.594), Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (21.51), Prepared foodstuffs; beverages, sprits and vinegar; tobacco and manufactured tobacco substitutes (32.048), Mineral products (870.804), Products of the chemical or allied industries (131.496), Plastics and articles thereof; rubber and articles thereof (61.227), Raw hides and skins, leather, furskins and articles thereof; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut) (0.191), Wood and articles of wood; wood charcoal (10.682), Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard and articles thereof (26.481), Textiles and textile articles (34.865), Footwear, headgear, umbrellas, sun umbrellas, walking sticks, seat-sticks, whips, riding-crops and parts thereof; prepared feathers and articles made there with; artificial flowers; articles of human hair (0.139), Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware (0.578), Base metals and articles of base metal (50.887), Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers; and parts and accessories of such articles (176.933), Vehicles, aircraft, vessels and associated transport equipment (37.204), Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; clocks and watches; musical instruments; parts and accessories thereof (13.619), Arms and ammunition; parts and accessories thereof (0.01), Miscellaneous manufactured articles (4.166). |