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Political tensions between Bangladesh and India may rise, but international trade is a different story. Despite diplomatic rifts, Bangladesh’s import and export data paints a picture of resilience and economic necessity.
With energy needs, various industries, and domestic consumption relying heavily on imported goods, cutting off key trade ties, especially with its largest regional partner, is simply not an option.
While policymakers engage in heated discussions, the reality on the ground is clear: goods are still flowing, and Bangladesh’s total imports remain largely unchanged.
This article breaks down the numbers, the politics, and the potential shifts in the Bangladesh import items list because, in global trade, stability is never a guarantee.
Hidden Struggles Behind India-Bangladesh Tensions
India and Bangladesh share deep historical, cultural, and economic ties, but recent political shifts have intensified tensions. Border disputes, migration issues, and disagreements over water-sharing have long strained relations.
Bangladesh’s longtime Prime Minister, Sheikh Hasina, resigned, and a student-led movement rose, dramatically reshaping the geopolitical landscape.
Bangladesh’s Economy Faces a Crossroad Amid Political Change
Following Sheikh Hasina’s stepping down from her position, Bangladesh has been grappling with economic instability and revelations of corruption. A 12-member committee appointed by the interim government exposed US$240 billion in illicit financial outflows during Hasina’s tenure (2009–2023).
Additionally, between 2009 and 2024, the Awami League government accumulated US$44.38 billion in foreign debt, placing a heavy financial burden on the country.
Despite these challenges, Bangladesh’s garment industry has seen a 13% export increase (June–December 2024 vs. 2023), signalling resilience in key sectors. Though still high, inflation has begun to ease, falling from 11.38% in November 2024 to 9.94% in January 2025.
Economic recovery efforts under Mohammad Yunus include:
- Investigations into corruption involving Hasina’s government
- Plans to recover laundered funds
- Attracting new investments to stabilize Bangladesh’s economy
According to World Bank estimates, Bangladesh’s GDP growth could rise from 4.1% in FY25 to 5.4% in FY26, provided political stability and financial sector reforms are successfully implemented.
Bangladesh and India Continue To Trade
Despite the shifting political climate, economic relations between India and Bangladesh have remained resilient. India remains Bangladesh’s largest trading partner in South Asia, continuing trade even as diplomatic relations face strain.
In 2021, Bangladesh emerged as India’s fourth-largest export destination, surpassing the United States and Hong Kong due to the affordability and quality of Indian goods. This trend has persisted under the South Asian Free Trade Area (SAFTA) agreement, ensuring that imports and exports between the two nations continue unhindered.
Even as fears of trade disruptions arise, both nations have compartmentalized political tensions, ensuring bilateral trade flows remain largely unaffected.
India Facilitating Bangladeshi Trade
India has played a crucial role in supporting Bangladesh’s international trade by facilitating transit routes and improving infrastructure links.
In 2024, India approved the transportation of 2 lakh metric tonnes of wheat from Nepal to Bangladesh via Indian territory, ensuring uninterrupted food supply despite regional challenges.
Another milestone was the Akhaura–Agartala railway line, inaugurated in 2023. The 15-kilometer link significantly reduced travel time between Kolkata and Agartala, from 38 hours to just 10, and lowered cargo transport costs, benefiting bilateral trade.
Additionally, India has kept its rail and river routes open, ensuring the smooth movement of key imports, including:
- Refined petroleum
- Pharmaceutical products
- Agricultural goods
While political instability looms over Bangladesh, India maintains economic cooperation, preventing disruptions in essential supply chains.
Strengthening Trade Connectivity Through Bharat Tex 2025
During the February 2025 session organized by the High Commission of India in Dhaka, Pranay Verma, India’s High Commissioner, reaffirmed that trade connectivity remains a priority.
As part of this, Bharat Tex 2025, a global textile event that happened this year in February, aims to strengthen supply chain linkages and foster new business collaborations. The event will bring together stakeholders from across the textile industry and cover the entire value chain, creating opportunities for:
- New supply chain linkages
- Investment collaborations
- Technology partnerships
Bangladeshi businesses, particularly in the Ready-Made Garments (RMG) sector, see this as a major opportunity for growth. Despite political challenges, economic partnerships remain a stabilising force in India-Bangladesh relations.
Top Bangladeshi Imports
Bangladesh’s import data reveals that the country relies heavily on a few key commodities to meet domestic consumption demands. The top imports include:
- Refined petroleum products
- Pharmaceutical products
- Industrial chemicals
- Electrical machinery
- Mineral fuels
- Crude oil
- Vehicles
- Textiles
- Vegetable fats
- Plastics
These imported goods support various industries, including construction, services, and energy production.
Bangladeshi Imports From India
India remains Bangladesh’s largest supplier of essential commodities and raw materials across multiple sectors.
Diesel
India is Bangladesh’s primary supplier of diesel, meeting a significant portion of the country’s energy needs. Despite political friction, Bangladesh confirmed in early 2024 that it would continue importing diesel from India. This decision underscores Bangladesh’s reliance on Indian petroleum products to fuel its energy production and economic growth.
Industrial Chemicals Fuel Production
Bangladesh imports large quantities of industrial chemicals from India to support its pharmaceuticals, textiles, and construction industries. These chemicals are essential for manufacturing plastics, oils, and consumer goods.
Agricultural
India exports various agricultural products to Bangladesh, including rice, wheat, and pulses. However, in November 2024, India rejected food consignments from Bangladesh due to food safety concerns. This decision was part of a broader quality control measure that affected imports from China, Japan, and Sri Lanka.
Other Bangladesh-India Import Trends
While Bangladesh’s imported goods from India remain stable in their total exports, recent policy changes and economic factors have influenced the flow of goods between the two nations.
E-Cigarette Imports Were Banned
In 2024, Bangladesh banned the import of e-cigarettes as part of its efforts to curb rising tobacco consumption. India had previously been a major supplier of e-cigarettes to Bangladesh, but the ban marked a significant shift in trade patterns.
Need for Political Stability
While Bangladesh’s total imports have remained steady, analysts believe it could import even more if its political climate stabilised. Business leaders have repeatedly emphasised that political stability is crucial for economic growth and attracting foreign investment.
Conclusion: Is Bangladesh’s Trade Stability a Strength or a Risk?
Bangladesh’s reliance on Indian imports has long fueled its economy. But is this a sign of strength or a growing weakness? Political tensions, shifting policies, and food safety concerns could shake up this trade relationship, forcing the country to rethink its strategy.
As the 2025-2026 elections approach, three big challenges loom:
- The ruling Awami League (AL) is struggling, the BNP is making a comeback, and a new National Citizen’s Party is looking to disrupt the status quo.
- President Trump distanced himself from Bangladesh’s political crisis after PM Modi’s visit to the U.S. in early 2025. The U.S. has also cut USAID funding, putting more pressure on the economy.
- Corruption and financial mismanagement remain deep-rooted.
Will Bangladesh maintain its current trade reliance, or will global pressures force a shift? Without clear action, economic dependence on imports could become a major liability.
For businesses looking to stay ahead of shifting market trends and make informed decisions backed by reliable trade data, TradeDataPro offers in-depth insights into imports, exports, and key commodities. Stay updated with the latest import data, and visit our official website today for more expert analysis on global trade movements.