The Financial Express

Bangladesh 57th top exporting country

| Updated: September 13, 2018 14:37:49

Bangladesh 57th top exporting country

Bangladesh has been ranked as the 57th top merchandise exporting country in the past year, according to the World Trade Organization – Trade Profiles 2018.

The report, released last month (July), also showed that by excluding intra-EU (European Union) trade, the rank jumped to 39th position in 2017.

Nevertheless the country’s share in the global merchandise export is still well below 1.0 per cent.

According to the WTO estimation, it was around 0.20 per cent in the past year.

On the FOB (Free on Board) basis, the value of merchandise export stood at $ 35.96 billion in the past year, unveiled the report.

28-nation EU is the main market for Bangladeshi products followed by the United States (US), Canada and Japan.

Global export stood at $ 17730 billion in the past year. By excluding intra-EU trade, it came down to $ 13949 billion in 2017, according to the WTO statistics.

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