72535 v2 World Trade Indicators 2009/10 Bangladesh: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $78,992 $494 0.11% $263 1972 1995 5 0 TRADE PERFORMANCE‡ Bangladesh Ranking Decile SAS Low inc TRADE POLICY (TP) (out of 125) 97 8 EXTERNAL ENVIRONMENT (EE) (out of 125) 72 6 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 119 7 TRADE FACILITATION (TF) (out of 155) 79 6 TRADE OUTCOME (TO) (out of 157) 23 2 Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) 20.1 15.1 11.3 * TTRI (applied tariff including preferences) .. 12.1 10.6 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. 21.6 20.1 * MFN applied tariff - simple avg (%) 21.8 20.1 14.8 14.8 TTRI (MFN) Dispersion (coefficient of variation) 0.7 0.6 0.6 0.6 Maximum rate (excl. alcohol and tobacco) .. .. 25.0 25.0 Agriculture - simple avg (%) 24.0 22.5 17.3 17.6 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) 21.5 19.7 14.5 14.3 MFN applied tariff - trade weighted avg (%) 18.3 17.8 13.5 13.6 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) 18.2 17.8 13.5 13.6 Agriculture 11.3 11.6 10.8 10.4 Import duties Nonagriculture 20.2 19.5 14.0 14.1 Applied tariff (incl. prefs.) - production weighted avg (%) .. 15.6 14.1 * 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) 1.4 2.8 1.7 * Bangladesh SAS Low inc Agriculture .. 5.3 6.6 6.4 Nonagriculture .. 1.8 3.2 1.5 Import duties (% of imports) .. 15.7 .. .. Tariff overhang (MFN bound minus MFN applied rate,%) 138.3 138.2 153.4 153.3 GATS commit. Bound tariff frequency ratio (% of total lines) 13.0 13.0 14.4 15.8 index Non-ad valorem tariff frequency ratio (%) 0.1 0.0 0.3 0.5 Non-tariff measures frequency ratio (%) .. 9.8 .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Bangladesh SAS Low inc Overall GATS commitment index (0-100, best) .. 3.36 3.36 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 6.2 3.6 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 30.6 23.6 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 5.6 5.1 4.0 3.6 ROW applied(wgt avg) Agriculture 10.2 10.6 8.0 7.2 Nonagriculture 5.5 5.0 4.0 3.6 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 6.6 5.0 8.6 7.9 * Exports to FTA / CU partners (% of total exports) .. 0.0 6.7 7.2 Bangladesh 0 SAS Low inc 1 Anti-dumping initiations faced 0.0 0.2 0.3 0.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) 1.7 -2.2 -2.6 0.5 * All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 104 115 119 Ease of Starting a business (rank) .. 95 93 98 Doing 160 Business Enforcing contracts (rank) .. 178 179 180 Rank Closing a business (rank) .. 105 108 108 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Bangladesh Regulatory Quality (-2.5 to +2.5, best) -0.95 -0.87 -0.86 -0.82 SAS Rule of Law (-2.5 to +2.5, best) -0.83 -0.79 -0.77 -0.70 Low inc 0 Control of Corruption (-2.5 to +2.5, best) -1.31 -1.32 -1.08 -1.10 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. 2.5 2.7 Efficiency of customs and other border procedures .. .. 2.0 2.3 Quality of transport and IT infrastructure .. .. 2.3 2.5 Logistics Performance Ease of arranging competitively-priced shipments .. .. 2.5 3.0 Index Logistics competence .. .. 2.3 2.4 Ability to track and trace shipments .. .. 2.5 2.6 0 2 4 Timeliness of shipments .. .. 3.3 3.5 Bangladesh SAS Low inc Trading Across Borders (Doing Business, rank out of 183) 108 107 No. of documents required for export .. .. 6 6 200 No. of days required to export .. .. 32 25 160 Cost to export (US$ per container) .. .. 905 970 120 No. of documents required for import .. .. 10 8 80 No. of days required to import .. .. 45 29 40 Cost to import (US$ per container) .. .. 1,274 1,375 0 Telephones (fixed + mobile) per 100 people 0.3 1.3 17.7 28.7 Trading Across Borders Rank Internet users per 100 people 0.0 0.1 0.3 0.3 * Bangladesh SAS Low inc Export credit insured exposures - short term (% of goods export) .. 17.6 21.5 TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 13.6 7.2 16.4 11.9 Real Trade Growth Rate 18 Exports 14.0 9.3 15.8 8.7 16 16.4 14 13.6 Imports 13.5 5.6 16.9 14.5 12 11.9 10 10.1 Goods 13.0 8.2 16.5 12.3 8.1 8.1 8 6.8 7.3 7.2 7.0 Services 4.6 7.4 12.0 9.7 6 5.9 5.8 4 Nominal growth in trade of goods and services (%) 11.9 8.4 17.4 25.6 2 0 Exports 12.4 8.5 17.7 24.9 1995-99 2000-04 2005-07 2008 Imports 11.7 8.4 17.3 26.1 Bangladesh SAS Trade integration (trade as % of GDP) 31.5 36.3 47.8 52.3 Low inc Goods balance (% GDP) -4.8 -4.3 -5.8 -6.9 Export Composition (2005-08) Food balance (% GDP) -1.7 -2.2 -2.5 -3.1 * Travel , Transport 0.6 Oth com Services balance (% GDP) -1.5 -1.5 -1.7 -1.9 , 0.8 ser, 3.3 Goods share of total exports (%) 86.8 88.2 88.7 88.5 Fuels, 0.6 Agric, 6.9 Minral, Services share of total exports (%) 13.2 11.8 11.3 11.5 0.2 Goods exports as a share of world goods exports (rank)** 69 66 74 73 Services exports as share of world services exports (rank)** 87 90 91 84 Foreign Direct Investment (FDI) inflows (% of GDP) 0.2 0.4 1.2 1.2 Total remittances inflows (% GDP) 3.5 5.4 9.2 11.4 Export product concentration index (0-100, most) 39.5 39.9 39.7 39.8 * Manufac, 81.1 Export market concentration index (0-100, most) 39.6 40.6 23.7 23.1 Top 5 export markets (shares) USA (21%), Germany (13%), UK (9%), France (6%), Netherlands (5%) Top 5 import markets (shares) China, People's Rep. of (15%), India (15%), Kuwait (8%), Singapore (7%), Japan (4%) Top 5 export products (SITC 3 digit-shares) .. Top 5 import products (SITC 3 digit-shares) .. ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.