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Bangladesh export Statistics

Bangladesh Export data

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 2023. 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. 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 export data of Bangladesh, the country exported goods worth $55.8 billion in 2023. Bangladesh has a current total GDP of $446.35 billion. Bangladesh’s import share of its total GDP is 12.88%. Bangladesh is a part of several trading blocs such as SAARC, RCEP, and WTO. The biggest export of Bangladesh is articles of apparel knitted, and the biggest import partner of Bangladesh is the USA. 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 Export Data | Bangladesh Trade Data | Bangladesh Customs Data

55

The country has been ranked 55th in global exports, showing a significant position in the international trade and export landscape.

0.3%

With a mere 0.3% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

USA

The USA holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

ARTICLES OF APPAREL, KNITTED OR CROCHETED

Articles of apparel are the major and biggest export commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
export

Top 10 exports of Bangladesh

Bangladesh's wide array of products, affordable costs, and proficient labor force have made it a desirable destination for global consumers. Bangladesh's export statistics show that in 2023, the nation exported commodities at a great pace. Bangladesh’s top 10 exports in 2023 as per the export data include:

  • Articles of Apparel, Knitted or Crocheted (HS Code 61): 85% ($20 billion)
  • Articles of Apparel, Not Knitted or Crocheted (HS Code 62): 12% ($3 billion)
  • Cotton (HS Code 52): 2% ($500 million)
  • Footwear (HS Code 64): 1% ($200 million)
  • Pearls, Precious Stones, and Metals (HS Code 71): 1% ($150 million)
  • Wood and Articles of Wood (HS Code 44): 0.5% ($100 million)
  • Other Made-Up Textile Articles (HS Code 63): 0.4% ($90 million)
  • Animal or Vegetable Fats and Oils (HS Code 15): 0.4% ($80 million)
  • Vehicles (HS Code 87): 0.3% ($70 million)
  • Plastics and Articles Thereof (HS Code 39): 0.3% ($60 million)
    • Partners

    Top 10 export partners of Bangladesh

    Export information from Bangladesh offers important insights into the dynamics of the nation's commerce, product categories, final destinations, and market trends. Several sources, including shipping manifests, trade associations, and customs records, are used to gather and synthesize this data. Bangladesh's top export partner is the United States. The top destinations for the exports of Bangladesh in 2023 are:

    Value In Percentage(%)

  • United States: 34% (8 billion US$)
  • Germany: 11% (2.5 billion US$)
  • United Kingdom: 9% (2 billion US$)
  • France: 8% (1.8 billion US$)
  • Spain: 7% (1.6 billion US$)
  • Italy: 6% (1.4 billion US$)
  • Netherlands: 5% (1.2 billion US$)
  • Canada: 4% (1 billion US$)
  • Japan: 4% (900 million US$)
  • India: 3% (800 million US$)
    • Sample Data

    Understanding Bangladesh’s Export Data

    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.

    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 $55.8 billion in 2023. 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. A range of fields are included in the Bangladesh export data and trade data, including HS codes, descriptions of HS codes, and product descriptions with the quantity, units, and price of each product being shipped. These fields can be found in both Bangladesh's export data and trade data. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions. It supports the development of global partnerships, the creation of successful trade policies, and the diversification of export markets. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them 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 the 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.

    Benefits

    Benefits of the Bangladesh Export Data

  • Create leads from the Bangladesh Market using your ideas.
  • Find out what Bangladesh's current product demand is.
  • Monitor Your Rivals & and surpass them in position.
  • Make your marketing plan based on data.
  • Expand your market presence in Bangladesh.
  • Establish long-term objectives and maximize earnings.

    • Frequently Asked Questions!!

    The total value of exported goods by Bangladesh in 2023 was $55.8 billion.

    Ready-made garments (RMG) dominate most of the export sector in Bangladesh.

    The total value of the top export of Bangladesh, i.e. articles of apparel in 2023 is $20 billion.

    The United States was the top export partner of Bangladesh in 2023.

    Garments and Textiles contribute heavily to the export earnings of Bangladesh.

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