Bangladesh
U.S. Trade with Bangladesh in 2023
Export Market Rank
#33 Among U.S. Agricultural Export Markets
Total Export Value
$750.71 Million
3-Year Average
$867.97 Million
Compound Average Growth
7.5% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Bangladesh in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Cotton | $336.52 Million | 157,775 | $276.04 Million | 252% |
| Soybeans | $302.95 Million | 540,538 | $352.5 Million | 84% |
| Distillers Grains | $38.79 Million | 116,755 | $24.19 Million | 885% |
| Other Feeds, Meals & Fodders | $18.99 Million | 21,203 | $20.38 Million | 16% |
| Other Intermediate Products | $12.34 Million | 167 | $13.4 Million | -39% |
| Wheat | $11.6 Million | 35,975 | $46.82 Million | -37% |
| Dairy Products | $8.43 Million | 3,280 | $5.99 Million | 11% |
| Soybean Meal | $5.32 Million | 10,392 | $26.8 Million | -80% |
| Live Animals | $4.41 Million | --- | $4.56 Million | 146% |
| Food Preparations | $2.53 Million | 288 | $1.5 Million | 156% |
Data and Analysis
In 2023, U.S. exports of consumer-oriented products to Bangladesh were valued at $17.1 million, accounting for less than 1 percent of the market share of the $2 billion in consumer-oriented products Bangladesh imported.
On April 4, 2024, the Government of Bangladesh issued a Statutory Regulatory Order (SRO) allowing the bulk import of animal feed ingredients without labels; fixing an issue that was causing tariffs to be applied to shipments of feed ingredients when bulk containers did not have labels in them.
Bangladesh continues to increase rice production, for marketing year (MY) 2024/25, Post forecasts rice production at 37.7 million metric tons (MT). With high international prices and increased production, Post forecasts limited opportunities for Bangladesh to import rice in MY 2024/25.
News and Features
USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.
For almost 50 years, Bangladesh required U.S. cotton be fumigated because of concerns about the boll weevil. Collaboration between USDA agencies and the Bangladesh Ministry of Agriculture resulted in amended import requirements, exempting the United States from the list of countries required to fumigate cotton upon arrival.
USDA, through its administration of the McGovern-Dole International Food for Education and Child Nutrition (McGovern-Dole) Program, is the largest global donor to school feeding efforts, providing U.S. agricultural commodities, funding, and technical assistance to reduce hunger, support nutrition, and improve literacy and primary education, especially for girls, around the world.