Bangladesh: Oilseeds and Products Annual

For marketing year (MY) 2023/24, Post’s soybean import forecast is 2.4 million MT, on Bangladesh rebounding from its current economic slowdown, while local soybean production remains flat. In MY 2022/23, all types of oilseed and crude oil imports declined due to Bangladesh’s economic slowdown. The shortage of foreign exchange reserves and the appreciation of the U.S. dollar also hindered imports.