IMPORT EXPORT
Bangladesh import

Bangladesh Import Data

Bangladesh, a country located in South Asia, is known for its vibrant textile industry, and thriving economy. In recent years, it has emerged as a major player in the global market, showcasing impressive growth in various sectors. One crucial aspect of Bangladesh's trade scenario is its import market. According to the Bangladesh import data, Bangladesh imported goods worth about $96.17 billion in 2022, with an increase of 35.42% from 2021. The main imports of Bangladesh included raw cotton (12.1%), Mineral fuels (9.8%), and Machinery including computers (9.4%). Let’s dive into Bangladesh's import data, shedding light on the country's import trends along with its top imports and partners.

Bangladesh Import Data | Bangladesh Customs Data

46

The country has been ranked 46th in global imports, showing a significant position in the international trade and import landscape.

0.29%

With a mere 0.29% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports.

RAW COTTON

Raw cotton is the major and biggest import commodity of the country, playing a vital role in its economy with its import share.

import

Top 10 imports of Bangladesh

To satisfy its domestic needs and promote economic growth, Bangladesh primarily depends on imports. The nation imports a wide range of items and commodities, including consumer goods, electronics, chemicals, petroleum products, machinery, raw materials, and raw materials. By examining the Bangladesh import data, we may determine the needs and preferences of the nation while also learning more about its international trade links. The top ten imports of Bangladesh according to the Bangladesh import data for 2022 are as follows:

  • Raw Cotton: 12.1% ($8.4 billion)
  • Mineral fuels: 9.8% ($6.8 billion)
  • Machinery including computers: 9.4% ($6.5 billion)
  • Electrical machinery and equipment: 6.4% ($4.5 billion)
  • Iron and steel: 5.5% ($3.8 billion)
  • Cereals: 4.8% ($3.4 billion)
  • Plastics and plastic articles: 4.5% ($3.1 billion)
  • Animal/vegetable fats, oils, waxes: 3.5% ($2.4 billion)
  • Knit or crochet fabric: 3% ($2.1 billion)
  • Vehicles and automobiles: 2.8% ($1.95 billion)
    • Partners

    Bangladesh’s top 10 import partners

    The largest trading partners of Bangladesh imported goods worth a total of $42.62 billion. According to data from Bangladesh's customs shipments, and import data for 2022, Bangladesh’s top 10 import partners are:

    Value In Percentage(%)

  • China: 24.58% ($10.34 billion)
  • India: 14.85% ($5.88 billion)
  • Singapore: 5.47% ($4.41 billion)
  • Indonesia: 5.01% ($2.62 billion)
  • Malaysia: 4.24% ($2.20 billion)
  • Japan: 3.63% ($1.70 billion)
  • Brazil: 3.38% ($1.48 billion)
  • Saudi Arabia: 3.32% ($1.44 billion)
  • The United Arab Emirates: 3.23% ($1.24 billion)
  • The United States of America: 3.1% ($1.19 billion)
    • Sample Data

    Total import data of Bangladesh

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. The total import of Bangladesh refers to the value of goods and services brought into the country from foreign sources during a specific period, typically a year. It is an essential indicator that reflects the nation's dependence on other countries for its domestic consumption and industrial requirements. Tracking and analyzing the total imports help in understanding the economic and trade dynamics of Bangladesh. According to the customs database for the imports of Bangladesh, the total imported goods accounted for $96.17 billion in 2022, while its top 10 exports had a total value of $42.95 billion. Over three-fifths (61.8%) of the total worth of Bangladesh's product imports from foreign nations may be attributed to the top 10 imports.

    Benefits

    Benefits of the Bangladesh Import Data.

  • Create leads from the Bangladesh Market using your ideas.
  • Discover Bangladesh's current product demand.
  • Follow your rivals and surpass them.
  • Make your marketing plan based on data.
  • Expand your market presence in Bangladesh.
  • Establish long-term objectives and maximize earnings.
  • You’ll receive the name and address of the importer/exporter in our reports.

    • Frequently Asked Questions!!

    The total value of imported goods by Bangladesh was $96.17 billion in 2022.

    China had the highest percentage of the Bangladesh import market in 2022.

    Raw Cotton, Mineral fuels, and Machinery including computers were the top 3 imports of Bangladesh in 2022.

    Machinery and mechanical appliances, textiles, mineral fuels, mineral oils, products of their distillation, iron and steel, electrical machinery, cereals, plastics, and pharmaceutical products are some major import categories.

    Some benefits of the Bangladesh import data include Creating leads, identifying product demand, tracking competitors, and making marketing plans based on data.

    You might be interested in other continents as well

    China
    Japan
    Philippines
    Singapore
    South-Korea
    Vietnam