Source: Bangladesh High Commission London

UK-Bangladesh Trade Facts

The trade relationship between Bangladesh and UK has strengthened in last couple of years. Total export to UK from Bangladesh, is nearly 10% of our total export earning. Although UK-Bangladesh trade statistics are encouraging in terms of volume and growth but is worrying that almost 80% of Bangladesh's exports to UK are readymade garment, which enjoys duty free access under EBA (Everything But Arms) policy of European Union. The High Commission remains focussed to further improve the growing trend of economic co-operation between our two countries.

Factors contributing the growth of export from Bangladesh to UK are:
· Competitive edge in quality and price
· Duty free access to the EU Countries policy under EBA (Everything But Arms)
· Increasing cost of production in China and appreciation of RMB 
· Increasing compliance (specially in the RMG sector and shrimp) with standards 
· Strong backward linkage in knitwear
· High Commission's initiatives