How dependent is the economy of Bangladesh on India? From the beginning to the end Economy of Bangladesh

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ADYOPANTO

Published on Aug 28, 2024
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Can Bangladesh's economy survive without India?? Subscribe to the beginning and turn on notifications 🔔 : / adyopanto A report published in the Economic Times of India on August 26 said that the world's largest economies, such as Japan, Germany or France, did not export the same amount of goods as India exported to Bangladesh in the 2023-24 fiscal year. Not only that, but India's trade with other countries of the world did not increase at the same rate as the bilateral trade between India and Bangladesh. In 2009, India's bilateral trade with Bangladesh was 2.4 billion US dollars; in 2023, it increased to 13.1 billion US dollars. That is, bilateral trade increased by almost 5.5 times. However, in the meantime, India's export rate to Bangladesh has increased significantly. In 2009, 1.2 percent of India's merchandise trade was destined for Bangladesh; and in 2023, it stood at 2.6 percent. Currently, Bangladesh is India's fifth largest export destination. That is, Bangladesh is now one of India's largest partners in international trade and the largest in South Asia. India is now second only to China in the list of countries from which Bangladesh imports the most goods. ▶ Follow Me on Facebook: / damahbub ▶ Follow Me on Instagram: / da.mahbub 💻 Join: Facebook: / adyopanto 💻 Our website: https://www.atpoure.com 📌 For Copyright Related Issues, please contact us: [email protected]

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