Main Economic Indicators (2018)
GNDP (billion $)
|
274,024
|
GNDP Growth Rate (%)
|
7.9
|
Population(million
|
164,7
|
GNDP Per Capita ($)
|
1.647
|
Inflation Rate (%)
|
5,5
|
Unemployment rate (%)
|
4,4
|
Exports(fob-billion $)
|
38,7
|
Imports(fob-billion $)
|
54,6
|
Bilateral Trade Volume (milion $) (2019)
|
935,8
|
Source: World Bank, EIU, Worldfactbook
The most important export markets for Bangladesh:
USA, Germany, United Kingdom, Netherlands and France.
Main Countries for Bangladeshi Imports:
China, India, Singapore, Indonesia, Hong Kong.
Main Export Commodities:
Ready-made garment, jute, jute fiber, frozen seafood, leather and tea.
Main Import Commodities :
Petrol, petrol oils, cotton, textile machinery and their apparels, plastic
products, agricultural products and iron-steel.
Bilateral Economic and Trade Relations Between Banghladesh And Türkiye
Figures of export, import, trade volume (milyon $)
Year
|
Export
|
Import
|
Volume
|
Balance
|
|
2015
|
200
|
996
|
1.196
|
-796
|
|
2016
|
264
|
881
|
1.145
|
-617
|
|
2017
|
294
|
737
|
1.032
|
-443
|
|
2018
|
373
|
484
|
857
|
-111
|
|
2019
|
427,1
|
508,6
|
935,8
|
-81,5
|
|
|
2020/3 months
|
96,6
|
173,2
|
269,6
|
-76,6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Kaynak:TÜİK
Main commodities exported to Bangladesh
: Iron and steel construction material, cotton, milk and milk products,
machines and their components, textile machinery, spices, generators.
Main commodities imported from Bangladesh:
Jute yarns & twine, Jute manufacturers knitwear, woven garments,
leather, seramics.
Bilateral Cooperation Mechanisms:
- Joint Economic Commission Meeting (JEC): The last JEC
meeting between the two countries (5th period) was held in Ankara on 19-20
November 2019.
- Business Council:
The Council was established in 2011.
Agreements on the agenda:
The signing of the Preferential Trade Agreement (PTA) between Bangladesh
and Türkiye is on the agenda.
Development Assistance:
Development assistance made by our country to Bangladesh between 2004-2014
is around 13 million USD. The great part of the aid is in the area of
education, health and vocational training. TIKA Program Coordination Office
has been operating in Bangladesh since 2014.