Business Opportunities in Brazil for Bangladeshi Businesses

Md. Joynal Abdin
Founder & Chief Executive Officer, Trade & Investment Bangladesh (T&IB)
Executive Director, Online Training Academy (OTA)
Secretary General, Brazil Bangladesh Chamber of Commerce & Industry (BBCCI)

 

Brazil, the largest economy in Latin America, presents an emerging frontier for Bangladeshi entrepreneurs looking to expand their global footprint. As Bangladesh’s domestic industries mature and seek new markets, Brazil’s vast consumer base and resource-rich economy offer a range of opportunities in trade, tourism, and investment. In recent years, bilateral trade has accelerated, supported by strengthening diplomatic ties and dedicated business forums. This article explores how Bangladesh and Brazil’s growing relationship – underpinned by statistics and real initiatives can translate into concrete business opportunities for Bangladeshi businesses abroad.

 

Economic and Diplomatic Ties between Bangladesh and Brazil

Bangladesh and Brazil established diplomatic relations in the early 1970s, shortly after Bangladesh’s independence. Brazil recognized Bangladesh in 1972, and by 1974 Brazil became the first Latin American country to open an embassy in Dhaka[1][2]. Though both embassies were closed around the late 1990s and early 2000s due to shifting priorities, they were later reopened Brazil’s embassy in Dhaka in 2009 and Bangladesh’s embassy in Brasília in 2012 marking a renewal of engagement[2][3]. Since then, high-level visits and agreements have paved the way for closer cooperation, including bilateral consultations established in 2017 and sectoral agreements in areas like culture and education[4][5].

 

Economic ties have deepened significantly over the past decade. Bilateral trade hit a record of $1.9 billion in 2021, with Brazil exporting about $1.8 billion worth of goods (mainly sugar, cotton, soybeans, and vegetable oils) to Bangladesh, while Bangladesh’s exports to Brazil were around $118 million[6]. This imbalance has continued as trade grew – by FY2023–24, Bangladesh’s imports from Brazil reached roughly $2.66 billion (up from $2.59 billion the previous year) whereas Bangladeshi exports to Brazil stood at $147 million[7][8]. The trade gap means Brazil enjoys a large surplus, but it also highlights Bangladesh’s heavy reliance on Brazilian commodities (sugar, cotton, oilseeds, maize) and the untapped potential for Bangladeshi products in Brazil[9][10]. Indeed, Brazil has become one of Bangladesh’s top ten import sources in recent years[11][12].

 

Diplomatically, both governments see promise in expanding this partnership. Bangladesh has been courting Latin American markets as part of its diversification strategy, especially as it graduates from least-developed country (LDC) status in 2026 and faces possible tariff challenges in Western markets[13][14]. Brazil, for its part, regards Bangladesh as a “new economic giant” in South Asia and has expressed keenness to deepen ties[15]. Notably, Brazil’s President Luiz Inácio Lula da Silva announced plans to visit Bangladesh by early 2026 to strengthen cooperation – signaling high-level political will to bolster relations in areas ranging from healthcare to climate action[16][17]. Such diplomatic support lays a favorable groundwork for businesses to explore opportunities in each other’s countries.

 

Role of Brazil-Bangladesh Chamber of Commerce & Industry (BBCCI)

The Brazil-Bangladesh Chamber of Commerce & Industry organizes events like the “Made in Bangladesh 2025” trade fair in São Paulo to showcase Bangladeshi products and forge business links.

 

A key catalyst in expanding bilateral business is the Brazil-Bangladesh Chamber of Commerce & Industry (BBCCI), a platform connecting the two countries’ private sectors. The BBCCI serves as a vital link between Bangladeshi and Brazilian business communities, with a mission to foster bilateral trade, investment, and economic cooperation[18][19]. Established with the aim of strengthening commercial ties, the chamber facilitates networking, advocacy, and knowledge exchange for its members. Its objectives include organizing trade missions and business delegations, providing market information, and advocating with governments to ease trade barriers[20][21]. For example, the BBCCI offers training workshops to help entrepreneurs understand foreign market regulations and even promotes cultural exchange to enhance mutual understanding[21][22].

 

In practice, the BBCCI has been proactive in creating opportunities. It partnered with Bangladeshi and Brazilian authorities to host the “Made in Bangladesh Expo 2025” in São Paulo, a trade show where Bangladeshi manufacturers in sectors like garments, pharmaceuticals, and clean energy exhibited their products[23][24]. Brazilian officials, including the Deputy Head of Mission in Dhaka, attended and endorsed the event, calling Brazil a “gateway…to connect Bangladeshi private sector businesspersons with Latin American markets”[25]. The expo enabled dozens of Bangladeshi companies – some visiting Brazil for the first time – to network with Brazilian importers and showcase the quality of Bangladeshi goods to South American consumers[26][27]. Such initiatives by the BBCCI directly create business leads and help Bangladeshi firms navigate the Brazilian market. The chamber’s presence in both Dhaka and São Paulo (with a branch office and local representatives) means entrepreneurs have a go-to resource for guidance on regulations, logistics, and partner matchmaking in Brazil.

 

Role of the Brazilian Embassy in Dhaka and Bangladesh Embassy in Brazil

The embassies in Dhaka and Brasília play pivotal roles as facilitators of economic engagement. The Embassy of Brazil in Dhaka has taken active steps to promote trade and investment ties. Notably, it set up a dedicated Commerce Wing to assist businesses in both countries, aiming to remove hurdles to direct trade[28][29]. Brazilian diplomats in Dhaka regularly engage with Bangladeshi trade bodies for example, meeting garment industry associations to identify potential Brazilian importers and simplify visa processing for Bangladeshi business delegations[28]. In one such discussion, Brazil’s ambassador emphasized that Bangladesh’s knitwear products could find an attractive market in Brazil, and pledged to streamline business visas for Bangladeshi exporters traveling for market exploration[29]. This kind of support is crucial in a distant market; by easing travel and providing market intelligence, the Brazilian Embassy lowers entry barriers for Bangladeshi entrepreneurs.

 

Similarly, the Embassy of Bangladesh in Brazil (located in Brasília) works to open doors for Bangladeshi businesses. The Bangladeshi Ambassador in Brazil has actively advocated for a bilateral trade agreement to boost market access, even presenting concept papers to Brazilian officials on reducing tariffs and resolving banking obstacles[30][31]. According to the Bangladesh Embassy, the two countries’ annual trade volume (goods exchanged) has now exceeded $4 billion, underscoring the scale of engagement and the need for a formal trade framework[32]. The embassy also facilitates trade missions and B2B meetings; for instance, it coordinates with the BBCCI and Brazilian counterparts to host the annual bilateral meeting where businesses can interact directly with policymakers[33][34].

 

Additionally, both embassies assist with essential services like providing market information, connecting investors to relevant agencies, and ensuring smooth communication. They often work in tandem with the BBCCI as seen during the São Paulo expo, which was inaugurated by Bangladesh’s Ambassador and attended by Brazilian officials, demonstrating a collaborative approach to promoting commerce[26][35]. In summary, the embassies act as bridges that connect entrepreneurs with opportunities, while also negotiating at the policy level to create a more conducive environment for bilateral business.

 

Export Opportunities for Bangladeshi Businesses

Brazil’s vast market of over 210 million people offers fertile ground for Bangladesh’s export sectors, especially as Brazilian importers diversify their sourcing. Ready-Made Garments (RMG) are the standout opportunity. Bangladesh’s apparel exports to Brazil have been on the rise, reaching $187 million in FY2024-25 a 26% increase from the previous year[36]. This is still a modest figure considering Brazil imported about $5.9 billion in textiles and clothing in 2022[37]. Bangladesh, as one of the world’s top apparel producers, supplied only ~2.5% of Brazil’s imported clothing that year[37], indicating huge room for growth.

 

Basic and mid-range apparel (jerseys, T-shirts, trousers, etc.) from Bangladesh are highly competitive in price and quality[38][39]. With the right marketing and partnerships with Brazilian retailers or wholesalers, Bangladeshi exporters can significantly expand their market share. In fact, when Bangladeshi apparel exports to Brazil jumped nearly 60% in 2022-23, it signaled accelerating demand and the possibility that Brazil could become a major non-traditional market for Bangladesh’s garment industry[40][41]. Industry experts recommend pursuing preferential trade agreements to lock in low tariffs for garments, especially as Bangladesh will soon lose duty-free privileges upon LDC graduation[14].

 

Beyond apparel, other Bangladeshi industrial goods are gaining foothold. Textiles (fabrics, yarn) and footwear are potential export areas, as Brazil’s local production in those inputs may not fully meet its consumer demand. Leather products and jute goods traditional Bangladeshi specialties – are also candidates for niche markets in Brazil. Bangladeshi officials have suggested promoting such non-traditional exports to help narrow the trade gap[42]. For example, high-quality Bangladeshi leather footwear or eco-friendly jute bags could appeal to Brazilian consumers if marketed as sustainable alternatives.

 

Pharmaceuticals represent another promising sector: Bangladesh’s pharmaceutical industry is advanced and exports to 100+ countries, and while current pharma exports to Brazil are small, there is potential to register generic drugs in Brazil’s large healthcare market. In the recent São Paulo expo, Bangladeshi pharma companies (including an Ayurvedic medicine firm) participated to initiate contacts, highlighting interest in exporting health products[43][44]. With Brazil looking to improve healthcare access, competitively priced Bangladeshi generics or medical supplies could find opportunities, though navigating Brazil’s regulatory approval is a necessary step.

 

Additionally, service exports could be explored. For instance, Bangladesh’s IT and software services companies might look at Brazil for outsourcing or joint projects, given Brazil’s growing tech scene. While these are nascent areas, the general trend is clear: Bangladeshi exporters should view Brazil not just as a source of raw materials, but also as a high potential market for their own goods and services. Success stories may take time to develop, but the growth trajectory Bangladesh’s export earnings from Brazil rose from about $109 million in 2021-22 to $187 million in 2024-25[36][40] shows positive momentum. By leveraging support from the BBCCI and trade facilitators, and by aligning with Brazilian market requirements (e.g. Portuguese-language packaging, Brazilian quality standards), Bangladeshi businesses can capitalize on this momentum.

Business Opportunities in Brazil for Bangladeshi Businesses
Brazil Bangladesh Chamber of Commerce & Industry (BBCCI)

Import Opportunities for Bangladeshi Markets

On the flip side, Brazil is a powerhouse exporter of many commodities and products that Bangladesh’s economy needs creating opportunities for Bangladeshi importers and trading companies. Brazil’s top exports align closely with Bangladesh’s import demands, especially in agricultural and mineral commodities[45][46]. One of the biggest import categories is sugar: Bangladesh, with its large food industry and consumption, imports substantial sugar, and Brazil – the world’s largest sugar exporter has been a primary supplier. In FY2023-24 alone, Bangladesh imported over $2.6 billion in goods from Brazil, dominated by cane sugar, raw cotton, and soybeans[7]. Raw cotton is particularly critical Bangladesh’s garment sector is the second-largest importer of cotton globally, and Brazil (a top cotton producer) has emerged as a key source. Industry data shows that as of early 2025, Brazil was the single largest supplier of cotton to Bangladesh, providing roughly 20% of Bangladesh’s cotton imports[42]. This reliable supply chain is an opportunity for Bangladeshi textile mill owners and cotton importers to secure steady, possibly more cost-competitive cotton from Brazil (Brazilian cotton is often competitively priced and available when other sources are off-season)[47][48].

 

Beyond these, soybeans and edible oils form another import avenue. Brazil is a top global producer of soybeans and related products (soy oil, animal feed). Bangladesh’s growing poultry and aquaculture industries rely on soybean meal for feed, and its consumers need edible oil thus, importing from Brazil can fulfill these needs. Bangladeshi agribusiness firms might go a step further by entering joint ventures in Brazil’s agribusiness supply chain, such as investing in soybean processing plants or large-scale farming, to ensure long-term supply stability[49]. Similarly, maize (corn) for animal feed is in demand in Bangladesh, and Brazil (a leading corn exporter) provides an opportunity for importers to source bulk corn or even invest in grain storage and trading operations linked to Brazilian farms[50].

 

Brazil’s resource wealth also opens possibilities in other commodities: edible oils (palm and soybean oil), wheat (Brazil sometimes exports wheat or could via Mercosur partners), meat and dairy (Brazil is a major beef and poultry exporter though Bangladeshi regulations on halal meat imports need consideration). With proper halal certification, Brazilian beef or poultry could be imported to help meet Bangladesh’s protein demand at competitive prices, as Brazil is the world’s largest exporter of halal meat[51][52]. Additionally, fruits like oranges, apples, and grapes, and coffee (Brazilian coffee is famous worldwide) could be imported by Bangladeshi traders to diversify the food market offerings. These items might cater to a niche urban consumer base in Bangladesh willing to buy imported produce or gourmet products, representing smaller but value-added opportunities.

 

For Bangladeshi import businesses, engaging with Brazil can also mean investing in upstream assets. Some Bangladeshi conglomerates in the food, textiles, or energy sectors may consider acquiring stakes in Brazilian farms, plantations, or mines to secure raw material supply. For example, a Bangladeshi textile firm might invest in a Brazilian cotton gin or contract farming to guarantee cotton quality and price[46][53]. Likewise, a sugar refinery in Bangladesh could partner with Brazilian sugar mills. These strategic moves would not only ensure consistent imports but also potentially yield higher margins by cutting intermediaries. Overall, Brazil’s export profile ranging from agricultural goods to iron ore and petroleum matches many of Bangladesh’s import requirements[45][54]. Bangladeshi importers who build reliable channels with Brazilian suppliers stand to benefit from Brazil’s competitive prices and large export volumes, while also contributing to Bangladesh’s food and energy security.

 

Tourism Industry Opportunities

Tourism is another domain with potential for growth between Bangladesh and Brazil, though currently largely untapped. Brazil is a world-renowned tourist destination from the Amazon rainforest and Iguazu Falls to vibrant cities like Rio de Janeiro attracting millions of international visitors each year. In 2024, Brazil welcomed a record 6.65 million foreign tourists[55][56], reflecting a strong post-pandemic rebound. This thriving tourism sector presents opportunities for Bangladeshi businesses in several ways. Bangladeshi tour operators and travel agencies can develop packages for the adventurous Bangladeshi traveler interested in Latin America, capitalizing on Brazil’s draw for eco-tourism, football culture, and carnival festivals. While long-distance travel from Bangladesh to Brazil is still limited (flight connections often require transits and can be expensive), a niche but growing number of Bangladeshis are exploring international tourism, and Brazilian destinations could be marketed to affluent tourists or as an incentive trip for corporate groups. By partnering with Brazilian tour companies or using diaspora contacts, Bangladeshi travel firms can curate unique travel experiences for instance, wildlife tours in the Amazon or attending Rio’s Carnival thus expanding their offerings beyond the traditional Asian or Middle Eastern destinations.

 

Conversely, there is opportunity to attract Brazilian tourists to Bangladesh, albeit from a low base. Historically, the flow of visitors between the two countries has been minimal; in some recent years, only a few hundred Brazilians visited Bangladesh[57]. This is not surprising given the distance and Brazil’s limited awareness of Bangladesh’s attractions. However, as people-to-people ties grow there is an expanding Bangladeshi diaspora of around 7,000–8,000 in Brazil now[58] awareness can spread. Bangladeshi entrepreneurs in the tourism sector could target Brazilian expatriates or second-generation Brazilians of Bangladeshi origin, encouraging them to visit family and heritage sites in Bangladesh (for example, organizing trips during festivals like Eid or Pohela Boishakh).

 

Additionally, Bangladesh offers unique attractions such as the Sundarbans mangrove forest, Cox’s Bazar beach, and various archaeological sites which, if properly promoted, might interest niche Brazilian travelers (like eco-tourists or cultural enthusiasts). Bangladeshi tourism companies and the Bangladesh Tourism Board might collaborate with Brazilian counterparts to participate in tourism fairs in Brazil, showcasing what Bangladesh has to offer. Initiatives like easing visa processes, offering Portuguese-language promotional materials, and even exploring the feasibility of direct flight connections or code-shares can build the foundation for future tourism exchange.

 

Furthermore, enterprising investors could consider hospitality investments linked to this bilateral tourism potential. For example, a Bangladeshi investor might open a Bangladeshi cuisine restaurant in a Brazilian city frequented by South Asian expatriates, doubling as a cultural center that attracts locals and raises interest in Bangladesh. Likewise, joint ventures in hotel or resort developments in Bangladesh could involve Brazilian expertise or capital, especially in beach or eco-resort projects that might cater to international visitors. While broad tourism exchange between Bangladesh and Brazil will take time to blossom, getting an early start in building travel networks and cultural promotion can pay dividends. As global connectivity increases and both economies grow, tourism could become a supporting pillar of bilateral relations, and Bangladeshi businesses in the travel sector should position themselves to benefit from this long-term opportunity.

 

Investment Opportunities in Brazil

For Bangladeshi businesses with sufficient scale and capital, direct investment in Brazil can unlock strategic advantages. Brazil’s economy is diverse and was projected to become the world’s 8th largest by 2025–26 (GDP around $2.13–2.47 trillion)[13], meaning a substantial market where local presence could make a difference. One area of investment interest is textile and garment manufacturing within Brazil. Some Bangladeshi apparel manufacturers have contemplated setting up production or finishing units in Brazil, either independently or through joint ventures, to be closer to Latin American consumers. This approach could bypass import tariffs and logistics delays, allowing “Made in Bangladesh” expertise to combine with Brazilian market access. In fact, Bangladeshi knitwear entrepreneurs have expressed interest in joint venture investments in Brazil’s textile sector[59]. Such factories in Brazil could also leverage Mercosur trade bloc benefits, exporting regionally with lower tariffs. The Brazilian government, keen to create jobs, might offer incentives for foreign investors in manufacturing, especially if Bangladeshi firms bring technology and know-how in sectors like garments where Bangladesh excels.

 

Another investment avenue is in agriculture and agri-processing. As mentioned earlier, to secure commodity supplies, Bangladeshi companies can invest in Brazilian agriculture. For instance, a Bangladeshi edible oil company could invest in a soybean crushing plant or a palm plantation (in Brazil’s suitable climates) to produce oil for export back to Bangladesh. Similarly, owning or partnering in Brazilian sugar mills or cotton farms can ensure direct access to these raw materials. The BBCCI has highlighted possibilities for joint ventures such as in cotton ginning and farming (given Brazil’s high cotton output) and in grain storage infrastructure for maize and soybean trade[50][46]. By investing on Brazilian soil, Bangladeshi businesses can gain more control over quality and price, and even earn in Brazilian/local currency which could hedge against currency fluctuations in import costs.

 

Beyond commodities, the pharmaceutical sector in Brazil could attract Bangladeshi investment. Brazil has a large pharmaceutical market with a need for affordable generic medicines; Bangladeshi pharma companies (some of which are already approved in regulated markets) could consider establishing a foothold through local manufacturing or partnerships. This could involve acquiring or partnering with a Brazilian pharma manufacturing facility to produce medicines under Brazil’s regulatory oversight, thereby tapping into the South American healthcare market. Another high-tech area is information technology and fintech: Bangladesh’s IT startups or financial service providers might find Brazil a conducive environment to expand, especially given Brazil’s huge population of internet users and a growing fintech adoption. While the cultural and language differences are significant, a partnership with a Brazilian tech firm could allow Bangladeshi innovations (for example, in mobile banking or microfinance software) to find new users in Brazil.

 

Investments can also flow in the other direction Brazilian companies investing in Bangladesh – which indirectly benefits Bangladeshi businesses through joint ventures and technology transfer. For example, Brazil’s expertise in biofuels and renewable energy is well known; a Bangladeshi energy firm could collaborate with a Brazilian company to invest in biofuel processing in Bangladesh, reducing fuel import dependence. The Bangladeshi government has also signaled interest in Brazilian investment in sectors like sports (football infrastructure) and agriculture[4][60], which could open doors for knowledge sharing.

 

It’s worth noting that both governments support greater investment ties. Discussions are underway for agreements that protect and encourage foreign direct investment, and a potential FTA or trade deal would likely include clauses to facilitate investments[30][31]. As Brazil and Bangladesh continue to strengthen economic diplomacy, the climate for bilateral investments is improving. Bangladeshi companies with long-term vision should evaluate Brazil’s market not just as a trading partner but as an investment destination where they can establish a lasting presence and even serve as a gateway to the broader Latin American region.

Opportunities in Brazil–Bangladesh Trade: A Decade-Long Analysis
Opportunities in Brazil–Bangladesh Trade: A Decade-Long Analysis

Getting Started: When and How to Begin

Entering a new market like Brazil requires careful preparation. For Bangladeshi entrepreneurs wondering “how and when to start”, here are some practical steps and considerations:

  1. Conduct Market Research and Feasibility Analysis: Start by researching your industry in Brazil – understand local demand, competition, regulatory requirements, and cultural preferences. Study Brazil’s import regulations, tariffs, and any standards (for example, if exporting food, learn ANVISA regulations). Identify whether you need a local Brazilian partner or distributor for market entry. Given that Portuguese is Brazil’s language, evaluating language barriers and translation needs is part of this research.

 

  1. Leverage Support Networks: Utilize the existing support structures. Reach out to the Brazil-Bangladesh Chamber of Commerce & Industry (BBCCI) for guidance[18]. They can provide market insights, connect you to potential partners, and inform you of upcoming trade events or delegations. Similarly, engage with embassies’ commercial sections – the Brazilian Embassy in Dhaka can advise on Brazilian business practices and visa processes, while the Bangladesh Embassy in Brazil can help identify opportunities and troubleshoot issues with local authorities[61][30].

 

  1. Attend Trade Fairs and Networking Events: A great way to enter is by participating in trade fairs, exhibitions, or buyer-seller meetings. The Made in Bangladesh Expo 2025 in São Paulo was one example where Bangladeshi businesses showcased products[62][63]. Look out for similar events – whether sector-specific fairs in Brazil (e.g. apparel, leather goods expos) or Bangladesh-organized showcases. These events help in gauging consumer response and finding importers. They also signal that now is an opportune time – Bangladeshi officials and industry leaders are actively urging businesses to diversify markets immediately, rather than waiting, due to changes in global trade dynamics (such as the U.S. tariff shifts and upcoming LDC graduation)[64][65].

 

  1. Build Partnerships and Local Presence: Success in Brazil often hinges on local connections. Consider forming joint ventures or hiring local agents/representatives. A local partner can navigate Brazil’s bureaucracy (taxation, business registration) and distribution channels more effectively. For instance, if exporting ready-made garments, partner with a Brazilian apparel importer or a retail chain. If setting up operations, engage local legal and consulting firms to ensure compliance with Brazilian laws on labor, taxation, and property.

 

  1. Prepare for Logistics and Financing: Plan the logistics of shipping goods or moving people. Brazil is geographically distant from Bangladesh, so optimize your supply chain – choose efficient shipping routes (perhaps via maritime freight through intermediary ports) and be mindful of transit times. Secure trade finance or insurance for long-distance trade; Bangladeshi banks may need to coordinate with Brazilian banks for letters of credit (the embassies and BBCCI can often advise on resolving such issues, as banking facilitation has been a noted concern[31]). Also, monitor currency exchange rates (Brazilian Real vs Taka/USD) to price your products competitively.

 

  1. Timing Start Early and Strategically: The “when” is essentially now. With Brazil’s economy recovering and Bangladesh seeking new markets, early entrants can establish a foothold before the market gets crowded. Moreover, Bangladesh’s impending loss of some trade preferences in Western markets after 2026 provides a sense of urgency to enter alternative markets like Brazil on favorable terms[66]. Keep an eye on diplomatic developments for example, if a Bangladesh-Brazil trade agreement is signed in the near future[30], it could reduce tariffs and streamline customs, hugely benefiting those already engaged in trade. Being prepared to capitalize on such agreements from day one can give you a competitive edge.

 

  1. Cultural and Language Preparation: Invest in understanding Brazilian culture and business etiquette. Learn basic Portuguese greetings or hire interpreters as needed; showing cultural sensitivity can build trust with Brazilian partners. Also, adjust marketing strategies to local tastes – what sells in Dhaka might need rebranding for São Paulo. Simple things like packaging with Portuguese labels or adapting sizing and measurements to local standards can make a big difference.

 

By following these steps and being persistent, Bangladeshi businesses can gradually establish a successful presence in Brazil. Patience is key – building brand recognition or distribution networks abroad takes time. However, given the strong support from both governments and the clear complementarity between Bangladesh’s and Brazil’s economies, the conditions are ripe for ambitious entrepreneurs to start their Brazil journey.

Conclusion

In conclusion, Brazil represents a frontier of opportunity for Bangladeshi businesses – from boosting export earnings to securing vital imports, from joint ventures in manufacturing to exchanges in tourism. The foundation has been laid by growing diplomatic goodwill and organizations like the BBCCI, which together have opened channels for commerce and dialogue. Measurable progress is evident: bilateral trade has climbed to new heights, with Bangladeshi exports to Brazil showing a steady upward trend and Brazilian commodities underpinning key industries in Bangladesh[36][7]. Yet the engagement remains far below its potential, which means Bangladeshi entrepreneurs who act now can be pioneers in a largely untapped market.

 

Brazil’s enormous economy (projected to be among the top ten globally) and large population provide a diversification avenue that can reduce Bangladesh’s over-reliance on traditional Western markets[13]. Likewise, Bangladesh offers Brazil and its businesses a gateway into South Asia. Through concerted efforts – leveraging the chamber of commerce, embassies, and government support – Bangladeshi firms can overcome initial barriers of distance and unfamiliarity. The success of the 2025 São Paulo expo and the optimism voiced by officials on both sides underscore a simple fact: both countries stand to gain from closer economic ties[23][24].

 

For Bangladeshi businesses, the key is to be proactive and prepared. With careful planning and partnership, what might seem like a far-off market can transform into a rewarding venture. From the garment factories of Dhaka to the soy farms of Brazil, from Cox’s Bazar’s tourism to Rio’s beaches, a new chapter of Bangladesh-Brazil collaboration is on the horizon. The time is right to seize these opportunities strengthening not only individual business fortunes but also the friendship and prosperity shared by the two nations. In the journey of “Sonar Bangla” reaching out to the land of “Ordem e Progresso,” the possibilities are as vast as the Atlantic that connects them.

 

Sources: Recent trade reports and news on Bangladesh–Brazil economic relations[36][7][23][6], official statements from the BBCCI and embassies[18][28], and global tourism and economic data[55][13]. These provide the statistical and factual foundation for the analysis above, ensuring that Bangladeshi entrepreneurs have accurate information as they consider ventures in Brazil.

 

[1] [2] [3] [4] [5] [6] [60] People’s Republic of Bangladesh, Ministério das Relações Exteriores

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[7] [13] [14] [15] [36] [37] [38] [40] [42] [58] [64] [65] [66] Bangladesh’s export to Brazil up 26% in FY25 | The Business Standard

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[16] [17] Brazil’s president to visit Bangladesh to strengthen ties

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[18] [19] [20] [21] [22] Home – Brazil Bangladesh Chamber of Commerce & Industry (BBCCI)

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[26] [27] [35] [43] [44] Brazil Bangladesh Chamber of Commerce and Industry presented the MADE IN BANGLADESH 2025 trade show in São Paulo | The Guide

https://theguide.com.br/relevant/brazil-bangladesh-chamber-of-commerce-and-industry-presented-the-made-in-bangladesh-2025-trade-show-in-sao-paulo/

[28] [29] [59] [61] Brazil to solve trade barrier with Bangladesh, open commerce wing at embassy | The Financial Express

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[30] [31] [32] [33] [34] Finance News: Latest Financial News, Finance News today in Bangladesh

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[47] [48] apps.fas.usda.gov

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[51] Meat import: What is Brazil offering to Bangladesh? – Dhaka Tribune

https://www.dhakatribune.com/bangladesh/foreign-affairs/343781/meat-import-what-is-brazil-offering-to

[52] Govt rejects news on beef import from Brazil – Jagonews24

https://www.jagonews24.com/en/business/news/85117

[55] [56] Brazil Visitor Arrivals [Chart-Data-Forecast], 1989 – 2025 | CEIC Data

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https://www.ceicdata.com/en/brazil/no-of-visitors-arrivals-by-country-annual/visitors-arrivals-annual-asia-bangladesh

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