Overview In July 2021 United States exported $105M and imported $663M from Bangladesh, resulting in a negative trade balance of $558M. Between July 2020 and July 2021 the exports of United States have decreased by $-3.18M (-2.93%) from $108M to $105M, while imports increased by $166M (33.4%) from $497M to $663M.
Trade In July 2021, the top exports of United States to Bangladesh were Raw Cotton ($28.6M), Soybeans ($19.7M), Scrap Iron ($18.1M), Excavation Machinery ($8.44M), and Starch Residue ($4.56M). In July 2021 the top imports of United States from Bangladesh were Non-Knit Men's Suits ($130M), Non-Knit Women's Suits ($86.8M), Knit Sweaters ($63M), Non-Knit Men's Shirts ($42.6M), and Knit T-shirts ($34.7M).
Origins In July 2021 the exports of United States were mainly from California ($20.6M), Ohio ($19.9M), Mississippi ($12.7M), Georgia ($11.2M), and Louisiana ($8.61M), while imports destinations were mainly California ($128M), Georgia ($113M), New York ($74.5M), New Jersey ($63.6M), and Texas ($36.1M).
Growth In July 2021, the decrease in United States's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Petroleum Gas ($-19.4M or -100%), Soybeans ($-16.3M or -45.3%), and Starch Residue ($-2.29M or -33.4%). In July 2021, the increase in United States's year-by-year imports from Bangladesh was explained primarily by an increase in product imports in Knit Sweaters ($25.5M or 68%), Non-Knit Men's Suits ($22.5M or 21%), and Knit T-shirts ($16.9M or 95.4%).