Bangladesh unable to fully utilise zero-duty trade benefits of China
A lack of product diversity has resulted in Bangladesh not being able to fully utilise China’s zero-duty trade benefits, whereas Chinese imports have risen, given Dhaka’s rising reliance on a single sourcing destination. Despite China being the single largest trading partner of Bangladesh, imports from there have far outweighed exports. Bangladesh's scope to export more garments to China is low.
A lack of product diversity has resulted in Bangladesh not being able to fully utilise China’s zero-duty trade benefits, whereas Chinese imports have risen, given Dhaka’s rising reliance on a single sourcing destination.
Despite China being the single largest trading partner of Bangladesh, imports from there have far outweighed exports.
Bangladesh's scope to export more garments to China is low.
