2022
Exports
$134kWorld Rnk 178 / 210
Flag Rnk 454 / 931
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$555MWorld Rnk 87 / 224
Flag Rnk 28 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $134k in Cars, making it the 178th largest exporter of Cars in the world. At the same year, Cars was the 454th most exported product in Bangladesh. The main destination of Cars exports from Bangladesh are: Guatemala ($60.3k), United Kingdom ($40.5k), Slovenia ($24.1k), Paraguay ($6.2k), and Belgium ($3.4k).

The fastest growing export markets for Cars of Bangladesh between 2021 and 2022 were Guatemala ($60.3k), United Kingdom ($36.1k), and Slovenia ($24.1k).

Imports In 2022, Bangladesh imported $555M in Cars, becoming the 87th largest importer of Cars in the world. At the same year, Cars was the 28th most imported product in Bangladesh. Bangladesh imports Cars primarily from: Japan ($397M), China ($53.7M), Thailand ($24.4M), United Kingdom ($16.4M), and India ($15.8M).

The fastest growing import markets in Cars for Bangladesh between 2021 and 2022 were Japan ($46.7M), Indonesia ($6.45M), and Hong Kong ($2.42M).

Latest Trends

Oct 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 Cars. 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)$134k
IMPORTS (2022)$555M
NET TRADE (2022)-$555M

In 2022, Bangladesh exported $134k in Cars. The main destinations of Bangladesh exports on Cars were Guatemala ($60.3k), United Kingdom ($40.5k), Slovenia ($24.1k), Paraguay ($6.2k), and Belgium ($3.4k).

In 2022, Bangladesh imported $555M in Cars, mainly from Japan ($397M), China ($53.7M), Thailand ($24.4M), United Kingdom ($16.4M), and India ($15.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Guatemala$60.3k (1%)
United Kingdom$36.1k (828%)
Slovenia$24.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Bangladesh WERE (2021 - 2022):
Maldives-$180k (-100%)
Malawi-$32.6k (-100%)
Tunisia-$21.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $116k
TOP IMPORT POTENTIALJapan+ $73.4M

Cars’s highest export potential is United Kingdom. With an export gap of $116k.   Cars’s highest import potential is Japan with an import gap of $73.4M.

See methodology.

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