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Bangladesh Export Growth Accelerates: Potential $2 Billion Boost from US Tariff Advantage

Bangladesh Export Growth Accelerates: Potential $2 Billion Boost from US Tariff Advantage

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Bangladesh’s export sector is poised for further gains, as analysts predict an estimated $2 billion in additional export orders, driven by the country’s lower average US tariffs compared to those of India and China. Zahid Hussain, former lead economist at the World Bank’s Dhaka office, highlighted the country’s competitive edge, which is attracting shifting trade flows in its favour.

This comes on the heels of encouraging data: Bangladesh’s exports rose 8.58%, reaching $48.28 billion in FY 2024–25, despite economic headwinds including trade disruptions and domestic policy challenges. The country’s export resilience is further underscored by its ability to secure new export orders amid shifting global trade dynamics.

The combination of favourable tariff conditions and robust export growth signals a pivotal moment for Bangladesh’s export agenda. Industry stakeholders are hopeful that this momentum can translate into long-term expansion, particularly in sectors where Bangladesh already holds a prominent export position, such as readymade garments, leather goods, and pharmaceuticals.