2023
Exports
$2.61MWorld Rnk 63 / 215
Flag Rnk 175 / 945
2023
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.78Rnk 258 / 1025
2023
Imports
$303MWorld Rnk 25 / 224
Flag Rnk 39 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $2.61M in Bi-Wheel Vehicle Parts, making it the 63rd largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 175th most exported product in Bangladesh. The main destination of Bi-Wheel Vehicle Parts exports from Bangladesh are: Germany ($1.09M), China ($723k), Romania ($446k), United Kingdom ($68.8k), and Poland ($61.8k).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Bangladesh between 2022 and 2023 were Germany ($1.08M), China ($721k), and United Kingdom ($67k).

Imports In 2023, Bangladesh imported $303M in Bi-Wheel Vehicle Parts, becoming the 25th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 39th most imported product in Bangladesh. Bangladesh imports Bi-Wheel Vehicle Parts primarily from: India ($221M), China ($63.4M), Singapore ($5.87M), Chinese Taipei ($5.38M), and United Arab Emirates ($1.91M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Bangladesh between 2022 and 2023 were Germany ($328k), Japan ($72.6k), and Netherlands ($19.5k).

Latest Trends

Dec 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 Bi-Wheel Vehicle Parts. 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 (2023)$2.61M
IMPORTS (2023)$303M
NET TRADE (2023)-$300M

In 2023, Bangladesh exported $2.61M in Bi-Wheel Vehicle Parts. The main destinations of Bangladesh exports on Bi-Wheel Vehicle Parts were Germany ($1.09M), China ($723k), Romania ($446k), United Kingdom ($68.8k), and Poland ($61.8k).

In 2023, Bangladesh imported $303M in Bi-Wheel Vehicle Parts, mainly from India ($221M), China ($63.4M), Singapore ($5.87M), Chinese Taipei ($5.38M), and United Arab Emirates ($1.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Germany$1.08M (12k%)
China$721k (34.5k%)
United Kingdom$67k (3.68k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Bangladesh WERE (2022 - 2023):
Romania-$1.88M (-80.8%)
Portugal-$871k (-100%)
Italy-$268k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2023, Bangladesh's main importing competitors in Bi-Wheel Vehicle Parts were:

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $385k
TOP IMPORT POTENTIALChina+ $51.8M

Bi-Wheel Vehicle Parts’s highest export potential is Italy. With an export gap of $385k.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $51.8M.

See methodology.

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