Existing literature on export-led growth for developing countries is voluminous but inconclusive. The emerging economy of Bangladesh is registering spectacular growth in both exports and output in recent decades. This scenario has sparked a rise in research on the export-output relationship for the country. The results are nevertheless ambiguous. In a study over the liberalized regime from 1979 to 2010, this study engages a relatively new method of the autoregressive distributive lag (ARDL) bounds test approach, and finds strong evidence on export-led growth for Bangladesh in both the long run and the short run. Imports, however, do not show any significant relationship with output. The trade reform that began in Bangladesh in the late 1970s appears to have benefited the country’s economic growth.