Bilateral trade reached $129 billion in 2024, with India enjoying a surplus. US agricultural imports from India rose, but concerns persist over subsidised US products undercutting Indian farmers. Agriculture employs about 42 per cent of India’s population, making it politically explosive – as seen in the 2021 farm law protests.
For Bangladesh’s RMG sector, the stakes are high. The RMG sector remains central to employment, poverty reduction and foreign-exchange earnings at a moment when the country is navigating LDC graduation timelines and broader economic pressures.
Sustained monitoring will be essential to determine whether 2026 marks a temporary adjustment or the start of a broader recovery of Afghanistan’s opium economy.
For Bangladesh’s RMG sector, the stakes are high. The RMG sector remains central to employment, poverty reduction and foreign-exchange earnings at a moment when the country is navigating LDC graduation timelines and broader economic pressures.