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Best of Bangladesh
in Europe

$ 1 Trillion

Bangladesh is on course to become a $1 trillion economy by 2040.

9th Largest

Bangladesh to become the 9th largest consumer market by 2030.

28th Largest

Bangladesh’s economy to become the 28th largest in 2030.

Top 4

Bangladesh is among the top four in digital economic growth.

Best of Bangladesh

the Rise

Bangladesh – a large country, in a small space; a young and youthful nation; fast-growing economy. Considered a Next Eleven (N-11) Economy. A land where people rebel with aspirations – resolve – innovation to eke out a prosperous future.

the Revolution

In 51 years, Bangladesh continues to advance as a liberal and globally connected economy defying impoverishment and destruction of a brutal war (1971). Export-led industrialization is positioning the country as a key manufacturing hub in global markets.

the Economy

35th largest economy globally, (2022), it is the second fastest-growing major economy. Projected to be the 28th largest, in a decade’s time. Prospects beckon in diverse sectors within Bangladesh.

the People

Bangladesh’s aspiring – diligent – resilient people are driving the country’s economic and social development. Women in farms and factories are key. The motivated human assets are ready to seize opportunities and overcome the challenges confronting the deltaic Bangladesh.

the Culture

For centuries, culture defines the people’s DNA: cuisine, crafts, music, poetry. Transcending beyond people’s faith/religions, the cultural elements weave into a unique tapestry.

the Tag

The “Made in Bangladesh” tag speaks of Bangladesh’s growing economic strengths and her increasing presence in the global economic landscape, not just as the world’s 2nd largest and a responsible-ethical-transparent Apparel-maker.

Emerging Industries
for Bangladesh

Apparel/Textiles

Bangladesh is the 2nd largest exporter of garments in the world. Almost 80% of the country's export revenue comes from RMG industry alone. The high demand for Bangladeshi garments increased its overall exports by 35.47% to $42.61 billion in FY 2021–22. Knitwear exports grew 36.88% YOY to $23.21 billion, while Woven garment exports rose 33.82% to $19.40 billion. The Best of Bangladesh in Europe aims to showcase these success stories to international buyers, brands, and distributors.

Light Engineering, Electronic

Bangladesh's Light Engineering Sector (LES) delivered an outstanding 81% increase in overseas shipments in FY 2020–21. The automobile industry has grown at a rate of 8% per year, reaching a value of $1 billion. The BRTA reported 32,942 registered passenger vehicles in 2017, indicating a promising upward trend for the sector.

Leather

The leather industry in Bangladesh shows incredible potential, with a steady increase in exports since 2010—a trend that continues to rise. The country earned a record-breaking $1.25 billion in export revenue from leather and leather goods in FY2021–22, a solid 32% increase from the previous fiscal year!

Agro-Food

Agro-Food is increasingly becoming a prominent part of Bangladesh's export portfolio. The agricultural industry has a high prospect of boosting the country's external trade. In FY 2021–2022, agricultural goods and their relevant processed foods generated foreign exchange earnings of US$1.16 billion, marking a 13.04% increase over the previous year.

Jute

Bangladesh's jute and jute goods exports totaled $1,127.63 million in FY21. While most industries saw a significant drop in exports during the COVID-19 pandemic, the jute industry's export earnings increased by 8.10% to $882.35 million in FY20 due to rising demand for eco-friendly products, making it the 2nd largest export earner after RMG.

Digital Industry

Bangladesh's digital industry is thriving with a primary focus on outsourcing Information Technology (IT) services. FY22 marked an outstanding $596 million in IT exports, displaying a remarkable 95% year-on-year growth. According to BASIS estimates, the unofficial annual earnings from the IT sector are now over $1.3 billion. As the world shifts toward a more digital economy, Bangladesh looks forward to flourishing in this sector.

FMCG

Bangladesh's Fast-Moving Consumer Goods (FMCG) sector is steadily expanding, with gross sales going from $3.7 billion in FY21 to $3.9 billion in FY22. Frozen food accounts for roughly 23% of the country's total agricultural exports. Shrimp exports alone account for approximately 90% of total frozen food exports—nearly 4.43% of the country's GDP, which is soon expected to rise to 10%.

Pharmaceutical/ Health

Bangladesh is committed to delivering affordable and accessible healthcare. The country is proud to be the only LDC meeting nearly 98% of the domestic pharmaceutical demand of its $3 billion market. The Health Care segment's annual growth rate (CAGR 2023-2027) is estimated to be an impressive 27.65%!

Ceramic

The Bangladeshi ceramics industry has grown at a double-digit rate over the last decade. The recent government incentive of 10% cash on exports is likely to further increase ceramic product exports. Experts predict that exports in this sector will reach $1 billion by 2025.

Bicycle

Bangladesh is currently the 3rd largest bicycle exporter to the European Union and the 8th largest exporter globally. Following COVID-19, the bicycle industry's exports in FY2020–21 totaled around USD 130 million, a 50% increase over the previous year.

Agro-Food

Bangladesh exports over 700 basic and processed food products to 140+ countries, contributing 16% to its GDP. Agricultural exports have grown at an 18% CAGR over the past five years. In FY 2022-2023 Bangladesh had USD 843.03 million in export earnings.

Apparel/Textiles

Bangladesh, the 2nd largest exporter of garments globally, accounts for 80% of its export revenue contributing 11% to GDP and supporting 50 million livelihoods. Exporting to over 150 countries worldwide, Bangladesh garnered 81.70% of total exports in Q1 FY25. Bangladesh is also home to the highest number of LEED-certified factories and is poised to achieve USD 100 billion in exports.

FMCG

Bangladesh’s FMCG sector is growing rapidly, with an estimated market size of USD 169.10 million by 2027. The sector is growing at 9% annually with the country projected to become the 9th largest consumer market globally by 2030.

Leather

Bangladesh’s leather sector shows a steady and highly promising trend by exporting 85% of its production, including leather clothing, footwear, and finished leather. The government aims to increase leather export earnings from USD 1 billion to USD 10-12 billion by 2030, with the sector continuing its growth trajectory.

Light Engineering & Electronics

The light engineering sector in Bangladesh is expected to reach USD 15 billion in exports by 2041. With 10,000 types of products manufactured locally, the sector is growing at 10% annually and employs 600,000 people across 40,000 companies indicating a highly promising future.

Software & IT Services

Bangladesh’s IT sector is a dynamic one growing rapidly with over 4,500 IT and ITES companies in operation currently. The sector is expected to reach USD 5 billion by 2025, driven by strong software exports and IT outsourcing. With 29 Hi-Tech parks across the country, the sector looks solid for the future.

Jute

Being the 2nd largest jute producer globally, Bangladesh captures 72% of global jute export earnings. The Bangladeshi jute sector exports around USD 1 billion annually and contributes 3% to export earnings. Producing over 700 diversified jute goods, the sector contributes 1% to the GDP of Bangladesh.

Pharmaceuticals

Expected to reach over USD 6 billion by 2025, Bangladesh’s pharmaceutical sector is a thriving industry of the nation. The industry serves 97% of the domestic market and exports to over 100 countries, with high-quality production driving its rapid growth.

Experience the
Best of Bangladesh 2025

International Exhibition

April 17-18, 2025

The Grand Ceremony

April 17, 2025

Fashion Runway Show

April 17, 2025

Food Bazaar

April 17-18, 2025

Highlights of
Best of Bangladesh 2023

See an exciting lineup of events portraying the true potential of Bangladesh! Be a part of an immersive experience like never seen before.

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Best of Bangladesh 2025

Unveil the true essence of Bangladesh

Best of Bangladesh in Europe

$ 1 Trillion

9th Largest

28th Largest

Top 4

Best of Bangladesh

the Rise

the Revolution

the Economy

the People

the Culture

the Tag

Emerging Industries for Bangladesh

Apparel/Textiles

Light Engineering, Electronic

Leather

Agro-Food

Jute

Digital Industry

FMCG

Pharmaceutical/ Health

Ceramic

Bicycle

Agro-Food

Apparel/Textiles

FMCG

Leather

Light Engineering & Electronics

Software & IT Services

Jute

Pharmaceuticals

Experience the Best of Bangladesh 2025

International Exhibition

April 17-18, 2025

The Grand Ceremony

April 17, 2025

Fashion Runway Show

April 17, 2025

Food Bazaar

April 17-18, 2025

Highlights of Best of Bangladesh 2023

Explore

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Exhibitors

Panel Sessions

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