Evaluating the market in Bangladesh

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Bangladesh

Bangladesh has made significant economic and market reform progress over the past decade and is slowly becoming an attractive destination for investors due to its vast population, low-cost labour and proximity to India and China. While the business environment has shown signs of improvement in revent years, poor infrastructure, corruption and the absence of effective long term instituational support for private-sector development continue to challenge companies operating in the market. Moreover, the Bangladesh market is extremely price sensitive with low priced Indian and Chinese goods dominating many sectors. Such as, Canadian companies should sell into the market on the basis of quality, life cycle cost and after sales service. It is also recommended that exporters appoint a local representative or agent to help navigate the complexities of the market.
  • Agriculture
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Mining & Metals
  • Telecom
  • Transportation Services


 

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

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Date modified: 2018-05-14