Trade Navigator

Core raw material sector for Bangladesh's RMG value chain. Korea exports $900M+ annually in synthetic fibers (HS 54-55), making it one of Bangladesh's largest suppliers.

Korean knitted fabrics (HS 60) export $210M annually, with knit textiles and functional materials as key items. Essential intermediate goods for Bangladesh's garment industry.

Bangladesh's largest export industry ($47B, 2024). Apparel exports to Korea total $560M annually. The sector most impacted by LDC graduation (2026) tariff changes.

Bangladesh's second-fastest growing export sector, with strengths in leather processing and footwear manufacturing. Exports to Korea growing 15%+ annually.

Major Korean export sector to Bangladesh. Plastic materials (HS 39) and organic chemicals (HS 29) are key items. Cosmetics (HS 33) growing rapidly with K-beauty demand.

Steel demand surging with Bangladesh's infrastructure development and manufacturing expansion. Korean steel (HS 72) is the 3rd largest export item at $290M annually.

Korean machinery demand growing 8.2% annually with Bangladesh's industrialization. Textile machines and industrial pumps are key items with relatively low tariff burden.

Korean electrical products (transformers, cables, LEDs) growing 12.3% annually, contributing to Bangladesh's power infrastructure expansion.

Bangladesh auto market has extremely high tariff burden of 127% (CD+SD+VAT+AIT). Local production strategies like Hyundai's CKD assembly are essential.

Bangladesh shrimp/crab (HS 03) is a key import to Korea. K-food exports (ramen, seaweed) also growing. Food tariffs are high at 40-95%.

Large-scale infrastructure projects (metro, bridges, SEZs) create opportunities for Korean contractors and building materials. Ceramic/tile (HS 69) market also growing.

Bangladesh's IT sector rapidly growing under Digital Bangladesh 2.0 policy. Expanding opportunities for Korean IT solutions, fintech, and smart factory exports.