United States / Bangladesh

Overview In August 2023, United States exported $143M and imported $700M from Bangladesh, resulting in a negative trade balance of $557M. Between August 2022 and August 2023 the exports of United States have decreased by $-152M (-51.5%) from $296M to $143M, while imports decreased by $-362M (-34.1%) from $1.06B to $700M.

Trade In August 2023, the top exports of United States to Bangladesh were Vaccines, blood, antisera, toxins and cultures ($104M), Scrap Iron ($64.5M), Soybeans ($58.9M), Raw Cotton ($23.6M), and Steam Turbines ($22.4M). In August 2023 the top imports of United States from Bangladesh were Non-Knit Men's Suits ($188M), Non-Knit Women's Suits ($118M), Knit Sweaters ($54.2M), Knit T-shirts ($52.1M), and Non-Knit Men's Shirts ($48.8M).

Origins In August 2023 the exports of United States were mainly from Washington ($48.6M), California ($28.8M), Georgia ($14.9M), Tennessee ($7.41M), and Indiana ($5.26M), while imports destinations were mainly Georgia ($105M), California ($103M), New York ($87.4M), New Jersey ($54.5M), and Texas ($40.4M).

Growth In August 2023, the decrease in United States's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Soybeans ($-21.1M or -26.3%), Raw Cotton ($-8.39M or -26.2%), and Starch Residue ($-4.65M or -84.6%). In August 2023, the decrease in United States's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Other Cloth Articles ($-2.41M or -61.9%), Leather Apparel ($-839k or -53.5%), and Raw Tobacco ($-587k or -91.5%).