Dhaka, March 13 -- Trade relations between Bangladesh and Japan have grown steadily over the years, but several challenges persist.

Bilateral trade increased from US$ 1 billion in 2010 to approximately US$ 3 billion in 2023, with ready-made garments (RMG) dominating Bangladesh's exports.

Other significant exports include leather goods and home textiles, while Bangladesh imports essential industrial products such as iron and steel, vehicles, and machinery from Japan. However, trade imbalances remain a concern, with Bangladesh facing a merchandise trade deficit with Japan.

Additionally, anti-dumping duties (ADD) imposed by Japan on select Bangladeshi exports, such as jute, have further complicated trade relations.

Recent data shows Japa...