Bangladesh
U.S. Trade with Bangladesh in 2024
Export Market Rank
#34 Among U.S. Agricultural Export Markets
Total Export Value
$786.57 Million
3-Year Average
$822.72 Million
Compound Average Growth
4.8% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Bangladesh in 2024
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $348.9 Million | 723,233 | $370.94 Million | 16% |
Cotton | $250.55 Million | 129,856 | $291.54 Million | 266% |
Distillers Grains | $42.12 Million | 137,987 | $28.01 Million | 918% |
Wheat | $33.92 Million | 113,064 | $48.55 Million | 117% |
Other Feeds, Meals & Fodders | $25.8 Million | 46,383 | $21.32 Million | 11% |
Soybean Meal | $20.33 Million | 44,713 | $26.23 Million | -19% |
Pulses | $19.25 Million | 49,149 | $3.44 Million | --- |
Other Intermediate Products | $13.15 Million | 190 | $12.69 Million | -40% |
Live Animals | $6.55 Million | --- | $5.03 Million | 263% |
Dairy Products | $4.8 Million | 1,888 | $5.71 Million | -18% |
Data and Analysis
In 2024, U.S. exports of consumer-oriented products to Bangladesh were valued at $12.7 million, accounting for less than 1 percent of the market share of the $2.1 billion in consumer-oriented products Bangladesh imported.
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.
News and Features
News Release
USDA Invests $466.5 Million in Food Assistance, Agricultural Development Projects Worldwide
USDA will provide $466.5 million in FY 2024 funding to strengthen global food security through the McGovern-Dole and Food for Progress programs, Secretary Vilsack announced today.
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.