Australia emerged as the leading destination for Bangladesh exports

Over the years, Australia has emerged as the leading export destination for Bangladesh. During the financial year 2022-23, the bilateral trade between the two had gained momentum. As per the Bangladesh import export data , the Australia imports from Bangladesh stood at 1.24 billion dollars in 2022. The Bangladesh exports to Australia had been growing at 33% annual growth. Australia has now emerged as the 12 most favoured destination for Bangladesh exports operations. Australia contributes around 2% of the Bangladesh total exports. According to the Bangladesh export data reports, garments, textiles, footwear, leather and jute products were the major imports by Australia from Bangladesh. Other major exports from Bangladesh to Australia include pharmaceuticals, food products, seafood, plastics and live animals. Bangladesh exports to Australia are mostly dominated by the RMG exports. Bangladesh customs data of 2022 reflects that ready garments exports from Bangladesh to Australia we...