01 imports in Bangladesh averaged 103.

08 BDT Billion from

1976 until 2022

Introduction 02 the government set an export target of US$ 51 billion for

the current FY 2021-22

03 Due to the pandemic situation, Bangladesh’s exports for

2020 were $39.50B, a 14.81% decline from 2019.
 Key Import Products

03 Petroleum
01 Cotton
Electrical
04
02 Machineries machineries

05 Wheat
Overall import performance of
Bangladesh

Source: Trading Economics

Why Import Payments are
01 Import jumped by 52.50%
on the Rise? in the 1 st seven months
of FY2021-22

02 High prices of essential

commodities, including
petroleum products.

03 Import payment of
Petroleum products,
Capital machinery,
Intermediate goods,
Industrial raw materials
Consumer goods jumped
into high prices
 Custom Duty: A Closer Look

Peak: 245021 Bdt Million (2018)

Record low: 699 Bdt Million (1973)

Last 5 years: Revenue collection increased by 76.12%

2021: Custom Duty collected was 16,500 crore greater than FY 2019
Custom Duty: A Closer Look
High Custom Duty Collection
Surge in commodity Demand

Rise in freight charge

Attempt to stop tax-based fraud

Automation process
 Conclusion
Import share of consumer goods and materials is around two-thirds of total imports and
that of capital goods and materials is around one-third of total import over the years.

Government may also ban imports of some luxurious and non-essential items

Imports in Bangladesh decreased to 600.07 BDT Billion in April from 656.59 BDT Billion in
March of 2022