March 2006
Bangladesh
                         
BASIC INDICATORS
Population (thousands, 2004)  140 494 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  56 844 Merchandise  70 67
GDP (million current PPP US$, 2004)  263 434 Commercial services 121 74
Current account balance (million US$, 2004) -  279 Merchandise excluding intra-EU trade 50 47
Trade per capita (US$, 2002-2004)   139 Commercial serv. excl. intra-EU trade 97 54
Trade to GDP ratio (2002-2004)   36.9
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   157 5 5 6
Exports of goods and services (volume, 1995=100)   211 9 7 6
Imports of goods and services (volume, 1995=100)   150 5 7 7
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 0.105
Trade Policy Review date 2, 4 May 2000 Import duties collected (%, 2002-2004):
in total tax revenue 39.7
Tariff binding coverage (%, 2004)   15.8 to total merchandise imports 15.8
MFN tariffs Final bound Applied 2004
Simple average of ad-valorem duties Number of:
All goods   163.8   18.6 GATS services sectors with commitments   9
Agricultural goods (AOA)   188.5   20.6 Dispute rulings (complainant - defendant) 0 - 0
Non-agricultural goods   35.7   18.3 Notifications outstanding  (CRN)   27
Non ad-valorem duties (% of total tariff lines)   0.0   0.0 Number of contingency measures in force:
Anti-dumping (30 June 2005) ...
MFN duty free imports Countervailing duties (30 June 2005) ...
Share in total imports ... Safeguards (3 November 2005)   0
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  8 305 10 14 19
Merchandise imports, c.i.f. (million US$)  12 023 7 21 15
2004   2004
Share in world total exports    0.09 Share in world total imports  0.13
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   7.0 Agricultural products 19.7
Fuels and mining products   0.4 Fuels and mining products 7.3
Manufactures   63.7 Manufactures 43.9
  By main destination   By main origin
1. European Union (25)   58.6 1. India   18.5
2. United States   25.6 2. China   13.1
3. Canada   3.5 3. Singapore   10.5
4. Hong Kong, China   1.6 4. European Union (25)   9.9
5. Japan   1.0 5. Japan   5.4
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)   420   -1 30 6
Commercial services imports (million US$)  1 835   5 21 15
2004   2004
Share in world total exports   0.02   Share in world total imports 0.09
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   18.4   Transportation 77.3
Travel   15.9   Travel 8.8
Other commercial services   65.7   Other commercial services 14.0
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 1998   140   14   126   Marks registered, 1998   285  142  143