Impact Of Foreign Trade On Economic Growth In Bangladesh

International trade is very essential for the development of any country because in the age of globalization,people can easily buy or sell products to the people of another country.The objectives of this study were to determine the impact of international trade on the economic growth of Bangladesh and the relationship between international trade and economic growth in Bangladesh.This study analyzed the achievements of the economy in terms of important variables such as export and import that together constitute international trade,and economic growth was determined by gross domestic product.This study used the Pearson correlation model and the multiple regression models to obtain experimental results.Secondary data was used to conduct this study and the required data was collected from the Bangladesh Bureau of Statistics,Wikipedia and the Trading Economics website.The study found that international trade(export and import)has a significant positive impact on economic growth(GDP)in Bangladesh and that international trade is strongly positively correlated with economic growth(GDP)in Bangladesh.Between countries in order to meet the needs of their people.International trade enables countries to sell their domestically produced goods and services to other nations.Economic growth helps increase really per capita the capital income of the country’s population can be lasted a long-time international trade is vital to the development of any country because in the era of globalization,people in one country can easily buy or sell products to people in another country.The purpose of this study is to determine the impact of international trade on Bangladesh’s economic growth and the relationship between international trade and Bangladesh’s economic growth.This study analyzes economic achievements from important variables such as exports and imports.These variables together constitute international trade,and economic growth is determined by GDP.This study uses Pearson correlation and multiple regression models as empirical results.The second-hand data was used to conduct this research,and the required data was collected from the Bangladesh Bureau of Statistics,Wikipedia and the Trade Economics website.The study found that international trade(import and export)has a significant positive impact on Bangladesh’s economic growth(GDP),and international trade has a strong positive correlation with Bangladesh’s economic growth(GDP).