67pc imports from 10 states

The country’s 67 per cent imports are now coming from top 10 source countries, according to the latest statistics of Bangladesh Bank.

In the last fiscal year (FY16), total exports were valued at $36.75 billion, exclusive of that of the Export Processing Zones.

The actual import payments, in free on board value, stood at 39.71 billion in FY16, according to the central bank statistics.

China is the largest source of imports followed by India.

In the last fiscal year, imports from China stood at $9.64 billion which was $8.23 billion in FY15.  Thus, China’s share in total imports stood at 26 per cent.

Bangladesh’s imports from India, however, came down to $5.45 billion in the last fiscal year which was $5.82 billion in FY15.

Nevertheless, it accounts for 15 per cent share in the country`s imports from across the world.

Singapore is the third largest import source.

Imports from the city-state stood at $1.96 billion in the last fiscal year followed by Japan from where products worth $1.60 billion were imported.

Indonesia ranked fifth as an import partner from where goods worth $1.22 billion were purchased.

Imports from Singapore, Japan and Indonesia, however, declined as a whole in the last fiscal compared to FY15.

The United States (US) has emerged as the sixth largest import source.

The value of imports from there jumped by around 46 per cent in the last fiscal year to $1 billion from $690.6 million in FY15.

Brazil is the eighth, Malaysia the ninth and Hong Kong the tenth largest importer partner of the South Asian country.

Bangladesh’s value of imports from these countries stood at $952.3 million, $951 million and $806.6 million respectively in the last fiscal year.