Imports into Bangladesh fall in FY20-19

Imports into Bangladesh fall in FY20-19
09 December 2019

Imports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance. However, the latest financial year's figures are likely to be revised after receipt of the final import data.

Imports have shown a mixed trend in the last five years. They fell from US$638m in FY14-15 to US$574m the following year but picked up in FY16-17 to US$644m.

Cement producers in Bangladesh import clinker from a range of countries, including Vietnam, Indonesia, Philippines, China, Hong Kong, India, Thailand, Japan, Korea and Malaysia. Very few manufacturers are able use local limestone collected from Sylhet. Fly ash is mainly imported from India while slag is imported from China, India, Japan and Singapore. Gypsum is sourced from China, India, Indonesia and Japan.

The Bangladeshi cement industry has to import about 15-20Mt of clinker and limestone every year. 

Published under Cement News

Tagged Under: import Bangladesh