The United Kingdom is the third largest export destination of Bangladesh and the country historically maintains positive trade balance with the UK. During 2023-2024, a total of US$ 4,477.98 million worth of goods were exported to the UK which is 10.06% of total export. The major exportable items include ready-made garments, frozen food, IT engineering, leather and jute goods, bicycle, etc. of which 90% constitutes knitwear and woven garments. The country has initiated diversifying its export basket with high-end and high value-added products and shown remarkable success in exporting pharmaceutical products, computer services, ship building, electrical and electronic products across the world.

• Competitiveness in terms of quality and price
• Duty free market access to EU countries under EBA (Everything but Arms) initiative
• Increasing cost of production in China and other advanced middle income countries
• Increasing compliance (especially in the RMG and shrimp sectors)
• Strong backward linkages
• Strong public-private partnership
• High pool of young labor force with required skills