Bangladesh, a country in South Asia, has endured steady profitable growth over time, with its export sector playing a significant part in driving this growth. To directly dissect and comprehend the export geography, it's essential to explore the Bangladesh export data for 2022. This data encompasses information on the types of products exported, their separate amounts, values, destinations, and much more. With its diverse range of products, competitive prices, and skilled workforce, Bangladesh has become an attractive destination for international buyers. According to the export data of Bangladesh, the country exported goods worth $59.28 billion in 2022, with a 33.57% increase from 2021. As we claw deeper into the world of transnational trade, it becomes pivotal for nations to dissect their export data to make informed opinions and formulate effective trade programs. According to the Bangladesh export data, the country's earnings from goods exports reached a peak of around $5.31 billion in December 2023. Let’s dive into Bangladesh's export data, slipping light on the country's crucial export sectors, top exports, export partners, and implicit growth.
Bangladesh boasts a vibrant export sector dominated by ready-made garments (RMG), which account for over 80% of the country's total exports. According to Bangladesh’s export data report, it exported goods worth $59.28 billion in 2022 with a 6.67% soar. Bangladesh export data provides valuable insights into the country's trade dynamics, product categories, destinations, and market trends. This data is collected and compiled from various sources, such as customs records, shipping manifests, and trade associations. In September 2023, Bangladesh's total exports were valued at $2.9 billion, down from $3.5 billion the month before. Bangladesh's total exports decreased 21.4% YoY in September 2023, according to the most recent reports. The top 10 exports of Bangladesh had a total value of $35.79 billion. Government officials, policymakers, exporters, importers, and investors all benefit from Bangladesh's export data. Through the examination of this data, interested parties can learn more about the export performance of the nation, spot new trends, deal with problems, and seize commercial possibilities. It supports the development of global partnerships, the creation of successful trade policies, and the diversification of export markets.The total amount of imports was recorded at $4.4 billion in September 2023, a 21.8 percent year-over-year decline. The Bangladesh Trade Balance showed a $1.6 billion deficit in September 2023.
|BANGLADESH EXPORT DATA
|ACTOR SPORTING LTD.
|SEA ISLAND GOLF CLUB
|HS CODE DESCRIPTION
|HATS AND OTHER HEADGEAR, KNITTED ORE CROCHTED, TRIMMED; HAIR NETS OF ANY MATERIAL
|CAPS 288 PCS
|TOTAL FOB VALUE
|CUSTOM HOUSE, DHAKA
Bangladesh’s top 10 exports in 2022 as per the export data include:
The top destinations for the exports of Bangladesh in 2022 are:
On studying the export statistics of Bangladesh, it was clear that close to 16.1% of total exports were made to the USA. Germany was the second highest contributor after the USA with a significant share in total exports from Bangladesh.