Browse Data and Analysis

For marketing year (MY) 2022/23, Post's forecast for rice harvested area and production remain unchanged at 11.5 million hectares and 35.65 million metric tons (MT), the same as the USDA official forecasts. Post's wheat production forecast in MY 2022/23 also remains unchanged from Post's previous projection.

Post forecasts marketing year (MY) 2022/2023 rice harvested area at 11.5 million hectares and production at 35.65 million metric tons (MT), down slightly from the USDA official numbers due to crop damage resulting from heavy floods in the northern part of the country. Local prices of rice, wheat, and corn hit record highs in July 2022.

The FAIRS Annual Country Report maintains the baseline information for Bangladesh as it relates to all food for human and animal consumption. In addition to an overview of the Government of Bangladesh’s regulatory infrastructure and import control policies, this report includes FAS Dhaka’s assessment of laws and requirements for food and agricultural products imposed on imports.

This report outlines the Bangladesh government’s required documents from the United States to facilitate the importation of U.S. food and agricultural products. Post has not made substantive changes to the report for 2022.

On September 15, 2013, the Ministry of Fisheries and Livestock released the Animal Feed Rules 2013 to ensure the quality and standard of animal feed and its production, import, export, preserving, marketing, and use. The Rules cover licensing conditions and procedures, approving the quality of feed and its ingredients, including conventional food, maintaining feed quality with required energy, protein, nutrition, and standards for different types of animals, varied by age.

On February 28, 2005, the Ministry of Fisheries and Livestock enacted the Bangladesh Livestock and Animal Products Quarantine Act 2005 to prevent the outbreak and spread of animal diseases and to protect public health, for quarantine, import, and export control of animal and animal products and related matters.

Economic conditions in Bangladesh have created significant opportunities for U.S. agricultural exports, particularly consumer-oriented commodities including tree nuts, condiments and sauces, fruit juice and non-alcoholic beverages, snacks, and baking ingredients.

Bangladesh consumes approximately 6 million metric tons of chemical fertilizers annually, of which about 80 percent are imported. The four major imported chemical fertilizers in Bangladesh are urea, triple super phosphate, diammonium phosphate, and muriate of potash (MOP). Russia and Belarus were the dominant suppliers of MOP in Bangladesh.

On February 22, 2022, the Government of Bangladesh (GoB) revised the permissible wastage rate for basic garment products to 29 percent, specialized products to 32 percent, and sweaters and socks to 16 percent.

Milled rice production for MY 2022/23 is projected at 1 MMT, this is unchanged from the MY 2021/22. Post projects MY 2022/23 imports at 1.25 MMT, a 3.8 percent decrease from MY 2021/22. Overall stock levels are reported to be high in order absorb any short-term supply disruptions.

For marketing year 2022/2023, Post forecasts cotton production at 155 thousand bales and imports at 8.9 million bales. Indian cotton took 29 percent market share in calendar year (CY) 2021, followed by Brazil, Benin, and the United States. In CY 2021...

Post forecasts market year (MY) 2022/23 cotton fiber production at 990,000 bales (480 lb.) The MY 2021/22 estimate for exports is unchanged at 1.1 million bales. MY 2022/23 export projection is 1 million bales, assuming the entire national production is exported. Annual consumption is stable at 20,000 bales.