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South AsiaTier 2 — Significant Market
Bangladesh
- Halal Market
- $35B
- Muslim Pop.
- 89%
- Muslims
- 153M
- Market CAGR
- 9.0%
Market Overview
- Total Population
- 172M
- Muslim Population
- 153M (89%)
- Halal Market Size
- $35B
- Market Growth (CAGR)
- 9.0%
- GDP (USD)
- $460B
- Ease of Business Rank
- #168
Regulatory Framework
- Halal Authority
- BSTI (Bangladesh Standards & Testing Institution)
- Certification Required
- No — Voluntary
- Key Legislation
- Halal Certification Rule (developing); Bangladesh Food Safety Act 2013
- Import Requirements
- Halal certificate required for imported animal products
Trade Intelligence
- Top Halal Exports
- Ready-made garments/modest fashion (world #2 garment exporter), shrimp, jute, leather goods
- Top Halal Imports
- Wheat, palm oil (Indonesia/Malaysia), livestock
- Government Incentives
- Export Processing Zones (EPZ); Bangladesh Economic Zones Authority (BEZA); garment export incentives
Key Trade Agreements
SAFTABangladesh-India tradeEU GSP+OIC preferences
Consumer Insights
- Halal Awareness
- High
Key Trends
- •Garment/modest fashion export leader
- •Halal food exports underdeveloped
- •Missing out on $3 trillion global halal market
🇧🇩 Bangladesh At a Glance
- ISO Code
- BD
- Region
- South Asia
- Market Tier
- Tier 2
- Cert. Required
- No
- Market Size
- $35B