Country Information Export Development Canada Asia and Pacific

Bangladesh

Wondering where your next market is? You’ve come to the right place.

Evaluating the market in Bangladesh

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

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
International Trade Solutions

We understand opportunity

With our knowledge and solutions, you can take on the world knowing that we've got your back.

Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC