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For marketing year (MY) 2025/26, Post forecasts a slight increase in cotton imports due to increasing demand in the ready-made garments industry.
For marketing year (MY) 2025/26, Post forecasts lower rice imports than in MY 2024/25, assuming higher production based on favorable weather. Demand for wheat continues to increase and Post forecasts slightly higher imports for MY 2025/26 to align with demand.
The installation of Bangladesh’s Interim Government in August 2024, has led to a renewed focus on macroeconomic stability, which will enable increased exports to the market as restrictions on Letters of Credit ease as foreign currency reserves stabilize.
Assuming a normal winter and mid-summer season (Jan-May), Bangladesh’s soybean production is expected to rise 1.96 percent to 156 thousand tons in MY 2017/18 (Jul-Jun).