2022
Exports
$737MWorld Rnk 4 / 218
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$35MWorld Rnk 54 / 225
Flag Rnk 71 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $737M in Headgear, making it the 4th largest exporter of Headgear in the world. At the same year, Headgear was the 6th most exported product in Bangladesh. The main destination of Headgear exports from Bangladesh are: United States ($501M), Germany ($45.8M), Canada ($37.7M), Netherlands ($16.6M), and Poland ($12.6M).

The fastest growing export markets for Headgear of Bangladesh between 2021 and 2022 were United States ($191M), Canada ($17.2M), and Germany ($12.4M).

Imports In 2022, Bangladesh imported $35M in Headgear, becoming the 54th largest importer of Headgear in the world. At the same year, Headgear was the 71st most imported product in Bangladesh. Bangladesh imports Headgear primarily from: China ($16M), South Korea ($12.9M), India ($5.51M), Thailand ($191k), and Italy ($128k).

The fastest growing import markets in Headgear for Bangladesh between 2021 and 2022 were South Korea ($3.6M), India ($2.18M), and China ($1.89M).

COMPANIES In 2023, leading companies such as H&M Clothing (2) and Puma (1) were at the forefront of shipping Headgear from Bangladesh to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Headgear. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$737M
IMPORTS (2022)$35M
NET TRADE (2022)$702M

In 2022, Bangladesh exported $737M in Headgear. The main destinations of Bangladesh exports on Headgear were United States ($501M), Germany ($45.8M), Canada ($37.7M), Netherlands ($16.6M), and Poland ($12.6M).

In 2022, Bangladesh imported $35M in Headgear, mainly from China ($16M), South Korea ($12.9M), India ($5.51M), Thailand ($191k), and Italy ($128k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$191M (61.6%)
Canada$17.2M (83.8%)
Germany$12.4M (37.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Bangladesh WERE (2021 - 2022):
Austria-$3.15M (-88.8%)
Russia-$2.43M (-100%)
Saudi Arabia-$647k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Headgear were:
In 2022, Bangladesh's main importing competitors in Headgear were:

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.9M
TOP IMPORT POTENTIALChina+ $5.8M

Headgear’s highest export potential is Germany. With an export gap of $18.9M.   Headgear’s highest import potential is China with an import gap of $5.8M.

See methodology.

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