Bangladesh's export-oriented industries remain heavily dependent on imported chemicals, with imports reaching USD 6.2 billion in FY2024-25. This dependence increases foreign exchange pressure and exposes industries to global supply chain risks. The sector is further constrained by inadequate infrastructure, complex regulations, and policy inconsistencies, including an inverted tariff structure and HS Code anomalies. Strengthening domestic chemical manufacturing through policy reforms, infrastructure development, and regulatory simplification is essential for building a competitive and sustainable chemical backward linkage industry.
Published on: 2026-07-25