GITNUXREPORT 2026

Bangladesh Industry Statistics

Bangladesh's garment and pharmaceutical industries are major drivers of its booming export economy.

Sarah Mitchell

Senior Researcher specializing in consumer behavior and market trends.

First published: Feb 13, 2026

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Statistic 1

Cement production capacity in Bangladesh reached 50 million tons per year in 2023.

Statistic 2

LafargeHolcim Bangladesh produced 8.5 million tons in 2022.

Statistic 3

There are 75+ cement manufacturers in operation.

Statistic 4

Cement consumption 45 million tons in FY23.

Statistic 5

Clinker imports 20 million tons annually.

Statistic 6

Local clinker production 15 million tons/year.

Statistic 7

Construction sector grew 7.2% contributing 9% to GDP.

Statistic 8

Steel rebar production 5.5 million tons in 2022.

Statistic 9

Cement exports $100 million to India and Myanmar.

Statistic 10

Green cement initiatives in 10 plants by 2023.

Statistic 11

MS rod production capacity 6 million tons.

Statistic 12

Construction materials imports $2 billion yearly.

Statistic 13

PPC cement share 40% of market.

Statistic 14

OPC cement production 30 million tons.

Statistic 15

Brick production 20 billion pieces annually.

Statistic 16

Ready-mix concrete plants 100+ in Dhaka.

Statistic 17

Cement prices averaged BDT 450/bag in 2023.

Statistic 18

Steel imports 4 million tons for construction.

Statistic 19

Fly ash utilization in cement 5 million tons/year.

Statistic 20

Construction boom: 1 million housing units/year.

Statistic 21

Cement grinding capacity 60 million tons.

Statistic 22

Reinforcement bar mills 200+ nationwide.

Statistic 23

Sand imports from India 10 million tons.

Statistic 24

Precast concrete products market $500 million.

Statistic 25

Cement sector employs 500,000 directly.

Statistic 26

Energy cost 40% of cement production expenses.

Statistic 27

Waste heat recovery in 5 cement plants.

Statistic 28

Bangladesh leather exports reached $1.03 billion in FY 2022-23.

Statistic 29

Leather and leather goods industry employs 3.5 million people in 2023.

Statistic 30

There are 200+ tanneries in Hazaribagh and Savar areas.

Statistic 31

Footwear exports hit $500 million in FY23, up 10%.

Statistic 32

Bangladesh produces 300 million pairs of shoes annually.

Statistic 33

Leather garments exports $250 million in 2022.

Statistic 34

80% of leather processed into crust leather for export.

Statistic 35

Savar Tannery Estate processes 70% of national leather.

Statistic 36

Footwear factories number 3,500+ employing 1.2 million.

Statistic 37

Leather goods like bags exports $200 million annually.

Statistic 38

Chrome tanning dominates 95% of production.

Statistic 39

Eco-friendly tanning adoption in 50 tanneries by 2023.

Statistic 40

Exports to EU 45%, USA 20% of leather products.

Statistic 41

Vegetable tanned leather production 10,000 tons/year.

Statistic 42

Shoe upper production 200 million pairs/year.

Statistic 43

Leather sector FDI $100 million in last 5 years.

Statistic 44

Finished leather exports 45,000 tons in 2022.

Statistic 45

Women workers 40% in footwear industry.

Statistic 46

Synthetic leather production growing 15% yearly.

Statistic 47

Tannery relocation completed 150 units to Savar.

Statistic 48

Leather accessories exports $50 million.

Statistic 49

Bangladesh ranks 7th global footwear exporter.

Statistic 50

Non-leather footwear 60% of total production.

Statistic 51

Training centers trained 20,000 workers in 2023.

Statistic 52

Export target $1.5 billion by 2025 for leather.

Statistic 53

Bangladesh pharmaceutical market size reached $3.2 billion in 2023, growing at 12% CAGR.

Statistic 54

Local production meets 98% of domestic medicine demand in 2023.

Statistic 55

There are 287 licensed pharmaceutical manufacturers in Bangladesh as of 2023.

Statistic 56

Pharma exports hit $167 million in FY 2022-23, targeting 1 billion by 2024.

Statistic 57

Square Pharmaceuticals holds 17.5% market share in 2023.

Statistic 58

Generic drug production covers 1,500+ molecules in Bangladesh.

Statistic 59

Pharma sector employs 100,000+ workers directly in 2023.

Statistic 60

R&D investment in pharma reached 1% of sales, $32 million in 2023.

Statistic 61

Bangladesh exports pharma to 120+ countries, including US FDA-approved plants.

Statistic 62

Active Pharmaceutical Ingredients (API) local production at 30% of needs in 2023.

Statistic 63

Vaccine production capacity: 100 million doses annually by 2023.

Statistic 64

OTC medicine sales grew 15% to $800 million in 2022.

Statistic 65

25 pharma companies have US FDA approval for facilities in 2023.

Statistic 66

Herbal medicine market size $250 million, 10% annual growth.

Statistic 67

Pharma sector FDI $500 million cumulative by 2023.

Statistic 68

Biopharmaceutical production started with 5 products in 2023.

Statistic 69

Insulin production fully localized, 20 million vials/year.

Statistic 70

Antibiotiics production: 500 tons active ingredients annually.

Statistic 71

Pharma training institutes graduated 5,000 pharmacists in 2022.

Statistic 72

Market for oncology drugs grew 25% to $150 million in 2023.

Statistic 73

Nutraceuticals segment $100 million, 18% growth.

Statistic 74

Export to LDCs duty-free access boosted pharma by 30%.

Statistic 75

50+ new drug registrations in 2023 by DGDA.

Statistic 76

Plasma products manufacturing capacity 1 million units/year.

Statistic 77

Diabetes medicine market $400 million, 15% share.

Statistic 78

Inhaler production 50 million units annually.

Statistic 79

Pharma e-commerce sales up 40% to $50 million in 2023.

Statistic 80

CV drug segment largest at 20% market share $640 million.

Statistic 81

Gastro-intestinal drugs 15% market $480 million.

Statistic 82

Bangladesh shipbuilding industry delivered 35 ships in 2022 totaling 150,000 DWT.

Statistic 83

Western Marine Shipyard exported $200 million worth of vessels in 2023.

Statistic 84

There are 200+ shipyards along the Meghna river.

Statistic 85

Shipbuilding exports reached $300 million in FY23.

Statistic 86

Ananda Shipyard built 1.2 million DWT capacity annually.

Statistic 87

Steel fabrication for ships 100,000 tons/year.

Statistic 88

LNG carrier construction started with 1 unit in 2023.

Statistic 89

Ship repair services generated $150 million revenue.

Statistic 90

FDI in shipbuilding $500 million cumulative.

Statistic 91

Container vessels built: 20 units in 2022.

Statistic 92

Bulk carriers dominate 60% of exports.

Statistic 93

Shipyard workers 50,000+ skilled labor.

Statistic 94

Aluminum vessels production for navy 10/year.

Statistic 95

Dredger construction 5 units exported to Africa.

Statistic 96

Shipbuilding contributes 1% to GDP growth.

Statistic 97

New dry dock capacity 50,000 DWT in Chattogram.

Statistic 98

Export markets: Europe 40%, Asia 30%.

Statistic 99

Training academy graduated 2,000 welders in 2023.

Statistic 100

Tug boats production 50/year for local ports.

Statistic 101

Heavy engineering for marine engines 20% local.

Statistic 102

Ship recycling imports 200 ships/year, 4 million tons steel.

Statistic 103

Offshore supply vessels 10 built in 2023.

Statistic 104

Digital ship design software adopted in 50 yards.

Statistic 105

Revenue from shipbuilding $400 million target 2024.

Statistic 106

Carbon steel plates consumption 80,000 tons/year.

Statistic 107

Bangladesh's ready-made garment (RMG) sector employed over 4.4 million workers in 2023, with 60% being women.

Statistic 108

The RMG industry contributed $46.37 billion to Bangladesh's total exports in FY 2022-23, representing 83.8% of national exports.

Statistic 109

Bangladesh has over 4,800 RMG factories registered with BGMEA as of 2023.

Statistic 110

Knitwear exports from Bangladesh reached $24.25 billion in FY 2022-23, up 13.2% from previous year.

Statistic 111

Woven garment exports stood at $22.12 billion in FY 2022-23, comprising 47.7% of RMG exports.

Statistic 112

Bangladesh's textile sector produced 1.2 billion pieces of T-shirts annually in 2022.

Statistic 113

The industry invested $1.5 billion in automation and machinery upgrades in 2023.

Statistic 114

Export Processing Zones (EPZs) host 200+ RMG units producing 20% of total RMG output.

Statistic 115

Bangladesh sourced 85% of RMG raw materials from China and India in 2022.

Statistic 116

Average monthly wage in RMG sector rose to BDT 12,500 in 2023 from BDT 8,000 in 2019.

Statistic 117

RMG sector compliance rate with international labor standards reached 92% in audited factories by 2023.

Statistic 118

Bangladesh exported RMG to over 150 countries, with USA accounting for 17.5% ($8.1 billion) in FY23.

Statistic 119

Denim production capacity in Bangladesh exceeded 100 million pieces per year in 2023.

Statistic 120

Spinning sector produced 1.8 million tons of yarn in FY 2022-23.

Statistic 121

Fabric manufacturing mills number 250+, producing 2.5 billion yards annually.

Statistic 122

Sweater exports hit $7.5 billion in FY23, growing 15% YoY.

Statistic 123

RMG factories adopted green manufacturing in 1,200 units by 2023.

Statistic 124

Backward linkage industries supply 65% of RMG fabrics locally in 2023.

Statistic 125

RMG export orders backlog reached $10 billion post-COVID recovery in 2022.

Statistic 126

Female workforce participation in RMG hit 4.2 million in 2023.

Statistic 127

Jackets and coats exports valued at $3.2 billion in FY23.

Statistic 128

Trouser production exceeded 500 million pairs annually in 2022.

Statistic 129

RMG sector FDI inflows were $1.2 billion in 2022.

Statistic 130

75% of EU-bound RMG met GSP+ sustainability criteria in 2023.

Statistic 131

Home textiles exports reached $1.1 billion in FY23.

Statistic 132

RMG worker training programs covered 500,000 workers in 2023.

Statistic 133

Synthetic yarn production grew 20% to 800,000 tons in 2022.

Statistic 134

RMG digitalization investments hit $500 million in 2023.

Statistic 135

Export diversity in RMG: winter wear up 25% to $4 billion.

Statistic 136

RMG factories with LEED certification: 150+ by 2023.

1/136

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Bangladesh's industrial landscape, often heralded for its massive garment sector, is a vibrant and evolving powerhouse where millions of hands are stitching, manufacturing, and building the nation's economic future.

Key Takeaways

Bangladesh's ready-made garment (RMG) sector employed over 4.4 million workers in 2023, with 60% being women.
The RMG industry contributed $46.37 billion to Bangladesh's total exports in FY 2022-23, representing 83.8% of national exports.
Bangladesh has over 4,800 RMG factories registered with BGMEA as of 2023.
Bangladesh pharmaceutical market size reached $3.2 billion in 2023, growing at 12% CAGR.
Local production meets 98% of domestic medicine demand in 2023.
There are 287 licensed pharmaceutical manufacturers in Bangladesh as of 2023.
Bangladesh leather exports reached $1.03 billion in FY 2022-23.
Leather and leather goods industry employs 3.5 million people in 2023.
There are 200+ tanneries in Hazaribagh and Savar areas.
Cement production capacity in Bangladesh reached 50 million tons per year in 2023.
LafargeHolcim Bangladesh produced 8.5 million tons in 2022.
There are 75+ cement manufacturers in operation.
Bangladesh shipbuilding industry delivered 35 ships in 2022 totaling 150,000 DWT.
Western Marine Shipyard exported $200 million worth of vessels in 2023.
There are 200+ shipyards along the Meghna river.

Bangladesh's garment and pharmaceutical industries are major drivers of its booming export economy.

Cement and Construction Materials

Cement production capacity in Bangladesh reached 50 million tons per year in 2023.
LafargeHolcim Bangladesh produced 8.5 million tons in 2022.
There are 75+ cement manufacturers in operation.
Cement consumption 45 million tons in FY23.
Clinker imports 20 million tons annually.
Local clinker production 15 million tons/year.
Construction sector grew 7.2% contributing 9% to GDP.
Steel rebar production 5.5 million tons in 2022.
Cement exports $100 million to India and Myanmar.
Green cement initiatives in 10 plants by 2023.
MS rod production capacity 6 million tons.
Construction materials imports $2 billion yearly.
PPC cement share 40% of market.
OPC cement production 30 million tons.
Brick production 20 billion pieces annually.
Ready-mix concrete plants 100+ in Dhaka.
Cement prices averaged BDT 450/bag in 2023.
Steel imports 4 million tons for construction.
Fly ash utilization in cement 5 million tons/year.
Construction boom: 1 million housing units/year.
Cement grinding capacity 60 million tons.
Reinforcement bar mills 200+ nationwide.
Sand imports from India 10 million tons.
Precast concrete products market $500 million.
Cement sector employs 500,000 directly.
Energy cost 40% of cement production expenses.
Waste heat recovery in 5 cement plants.

Cement and Construction Materials Interpretation

Bangladesh's cement industry is a bustling paradox, building the nation's future at a breakneck pace while simultaneously scrambling to secure its own foundations, as it juggles massive domestic demand with heavy reliance on imported clinker and raw materials.

Leather and Footwear Industry

Bangladesh leather exports reached $1.03 billion in FY 2022-23.
Leather and leather goods industry employs 3.5 million people in 2023.
There are 200+ tanneries in Hazaribagh and Savar areas.
Footwear exports hit $500 million in FY23, up 10%.
Bangladesh produces 300 million pairs of shoes annually.
Leather garments exports $250 million in 2022.
80% of leather processed into crust leather for export.
Savar Tannery Estate processes 70% of national leather.
Footwear factories number 3,500+ employing 1.2 million.
Leather goods like bags exports $200 million annually.
Chrome tanning dominates 95% of production.
Eco-friendly tanning adoption in 50 tanneries by 2023.
Exports to EU 45%, USA 20% of leather products.
Vegetable tanned leather production 10,000 tons/year.
Shoe upper production 200 million pairs/year.
Leather sector FDI $100 million in last 5 years.
Finished leather exports 45,000 tons in 2022.
Women workers 40% in footwear industry.
Synthetic leather production growing 15% yearly.
Tannery relocation completed 150 units to Savar.
Leather accessories exports $50 million.
Bangladesh ranks 7th global footwear exporter.
Non-leather footwear 60% of total production.
Training centers trained 20,000 workers in 2023.
Export target $1.5 billion by 2025 for leather.

Leather and Footwear Industry Interpretation

Bangladesh's leather industry, a powerhouse employing 3.5 million souls, has stitched itself a formidable global footprint, proving that with a $1 billion export stride and one eye on eco-friendly reforms, it's stepping confidently beyond its traditional crust.

Pharmaceutical Industry

Bangladesh pharmaceutical market size reached $3.2 billion in 2023, growing at 12% CAGR.
Local production meets 98% of domestic medicine demand in 2023.
There are 287 licensed pharmaceutical manufacturers in Bangladesh as of 2023.
Pharma exports hit $167 million in FY 2022-23, targeting 1 billion by 2024.
Square Pharmaceuticals holds 17.5% market share in 2023.
Generic drug production covers 1,500+ molecules in Bangladesh.
Pharma sector employs 100,000+ workers directly in 2023.
R&D investment in pharma reached 1% of sales, $32 million in 2023.
Bangladesh exports pharma to 120+ countries, including US FDA-approved plants.
Active Pharmaceutical Ingredients (API) local production at 30% of needs in 2023.
Vaccine production capacity: 100 million doses annually by 2023.
OTC medicine sales grew 15% to $800 million in 2022.
25 pharma companies have US FDA approval for facilities in 2023.
Herbal medicine market size $250 million, 10% annual growth.
Pharma sector FDI $500 million cumulative by 2023.
Biopharmaceutical production started with 5 products in 2023.
Insulin production fully localized, 20 million vials/year.
Antibiotiics production: 500 tons active ingredients annually.
Pharma training institutes graduated 5,000 pharmacists in 2022.
Market for oncology drugs grew 25% to $150 million in 2023.
Nutraceuticals segment $100 million, 18% growth.
Export to LDCs duty-free access boosted pharma by 30%.
50+ new drug registrations in 2023 by DGDA.
Plasma products manufacturing capacity 1 million units/year.
Diabetes medicine market $400 million, 15% share.
Inhaler production 50 million units annually.
Pharma e-commerce sales up 40% to $50 million in 2023.
CV drug segment largest at 20% market share $640 million.
Gastro-intestinal drugs 15% market $480 million.

Pharmaceutical Industry Interpretation

Bangladesh's pharmaceutical industry, having already conquered 98% of its home turf with generics, is now flexing its export muscles and aiming for global dominance, all while keeping a careful eye on its need to strengthen its own API backbone.

Shipbuilding and Heavy Industry

Bangladesh shipbuilding industry delivered 35 ships in 2022 totaling 150,000 DWT.
Western Marine Shipyard exported $200 million worth of vessels in 2023.
There are 200+ shipyards along the Meghna river.
Shipbuilding exports reached $300 million in FY23.
Ananda Shipyard built 1.2 million DWT capacity annually.
Steel fabrication for ships 100,000 tons/year.
LNG carrier construction started with 1 unit in 2023.
Ship repair services generated $150 million revenue.
FDI in shipbuilding $500 million cumulative.
Container vessels built: 20 units in 2022.
Bulk carriers dominate 60% of exports.
Shipyard workers 50,000+ skilled labor.
Aluminum vessels production for navy 10/year.
Dredger construction 5 units exported to Africa.
Shipbuilding contributes 1% to GDP growth.
New dry dock capacity 50,000 DWT in Chattogram.
Export markets: Europe 40%, Asia 30%.
Training academy graduated 2,000 welders in 2023.
Tug boats production 50/year for local ports.
Heavy engineering for marine engines 20% local.
Ship recycling imports 200 ships/year, 4 million tons steel.
Offshore supply vessels 10 built in 2023.
Digital ship design software adopted in 50 yards.
Revenue from shipbuilding $400 million target 2024.
Carbon steel plates consumption 80,000 tons/year.

Shipbuilding and Heavy Industry Interpretation

Bangladesh's shipbuilding industry, no longer content with just patching up the old, has confidently set sail from its riverbanks—forging a robust economic fleet from skilled welders and steel plates to secure its slice of the global maritime pie.

Textile and Garment Industry

Bangladesh's ready-made garment (RMG) sector employed over 4.4 million workers in 2023, with 60% being women.
The RMG industry contributed $46.37 billion to Bangladesh's total exports in FY 2022-23, representing 83.8% of national exports.
Bangladesh has over 4,800 RMG factories registered with BGMEA as of 2023.
Knitwear exports from Bangladesh reached $24.25 billion in FY 2022-23, up 13.2% from previous year.
Woven garment exports stood at $22.12 billion in FY 2022-23, comprising 47.7% of RMG exports.
Bangladesh's textile sector produced 1.2 billion pieces of T-shirts annually in 2022.
The industry invested $1.5 billion in automation and machinery upgrades in 2023.
Export Processing Zones (EPZs) host 200+ RMG units producing 20% of total RMG output.
Bangladesh sourced 85% of RMG raw materials from China and India in 2022.
Average monthly wage in RMG sector rose to BDT 12,500 in 2023 from BDT 8,000 in 2019.
RMG sector compliance rate with international labor standards reached 92% in audited factories by 2023.
Bangladesh exported RMG to over 150 countries, with USA accounting for 17.5% ($8.1 billion) in FY23.
Denim production capacity in Bangladesh exceeded 100 million pieces per year in 2023.
Spinning sector produced 1.8 million tons of yarn in FY 2022-23.
Fabric manufacturing mills number 250+, producing 2.5 billion yards annually.
Sweater exports hit $7.5 billion in FY23, growing 15% YoY.
RMG factories adopted green manufacturing in 1,200 units by 2023.
Backward linkage industries supply 65% of RMG fabrics locally in 2023.
RMG export orders backlog reached $10 billion post-COVID recovery in 2022.
Female workforce participation in RMG hit 4.2 million in 2023.
Jackets and coats exports valued at $3.2 billion in FY23.
Trouser production exceeded 500 million pairs annually in 2022.
RMG sector FDI inflows were $1.2 billion in 2022.
75% of EU-bound RMG met GSP+ sustainability criteria in 2023.
Home textiles exports reached $1.1 billion in FY23.
RMG worker training programs covered 500,000 workers in 2023.
Synthetic yarn production grew 20% to 800,000 tons in 2022.
RMG digitalization investments hit $500 million in 2023.
Export diversity in RMG: winter wear up 25% to $4 billion.
RMG factories with LEED certification: 150+ by 2023.

Textile and Garment Industry Interpretation

Bangladesh’s ready-made garment industry stands as a formidable, multi-billion-dollar tapestry woven from the labor of millions of women, a significant investment in its own modernization, and a staggering global output that clothes the world while navigating the complex threads of compliance, sustainability, and economic ambition.

Sources & References

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