Import of Goods Value from Bangladesh (1990-2023)

Bangladesh's import value showed consistent growth over the decades, highlighting its expanding economy and industrialization. From $3.6B in 1990, imports rose to $8.8B in 2000, driven by increased demand for raw materials and machinery to support its burgeoning textile sector. The rapid industrialization and export-oriented economy boosted imports, culminating in a significant rise to $23.8B in 2008 before a brief decline during the global financial crisis.

The period from 2010 to 2022 saw exponential growth, with imports peaking at $88.2B in 2022. This surge reflects Bangladesh's growing consumer market and investment in infrastructure projects. However, a dip to $66.8B in 2023 indicates adjustments due to global economic pressures and domestic economic policies. These trends underline Bangladesh's transformation into a key player in global trade, supported by its strategic focus on industrial and infrastructural expansion.