Global Trade Pulse Survey: BD businesses brace for supply chain shocks

Staff Reporter :

Despite global tariff headwinds, Bangladeshi businesses have experienced relatively modest cost increases and expect lower long-term hikes compared to international peers, according to HSBC’s 2025 Global Trade Pulse Survey.

The survey, based on responses from over 5,700 firms across 13 key markets-including 250 businesses from Bangladesh – found that local companies are comparatively less affected by tariff-related cost pressures and anticipate this trend to continue. However, supply chain disruptions are expected to impact revenues in Bangladesh by five percentage points more than the global average.

To navigate these growing trade challenges, Bangladeshi firms have bolstered their operational resilience by strengthening data analytics, building robust risk management frameworks, diversifying supply chains, and conducting scenario simulations. Many businesses are also refocusing trade strategies toward Europe, the United States, and South Asia.

“The findings reflect the adaptability and optimism of Bangladeshi businesses,” said Md Mahbub ur Rahman, Chief Executive Officer of HSBC Bangladesh. He reiterated HSBC’s commitment to supporting the international growth ambitions of local enterprises.

Globally, most firms surveyed expect rising costs to continue and are reassessing their business models accordingly. Despite this, 89 percent remain confident in the prospects of international trade growth, with a significant number adopting nearshoring and reshoring strategies. Many respondents also view ongoing trade challenges as catalysts for innovation and long-term improvement.

In alignment with shifting global trade corridors, Bangladeshi firms are deepening commercial ties with China (54 percent), the United States (58 percent), and Europe (65 percent), indicating a strategic pivot in line with global trends.

The Global Trade Pulse Survey underscores how Bangladesh’s private sector is proactively adapting to a volatile global trade environment, while maintaining a forward-looking approach to market expansion and risk management.