2023
Exports
$878kWorld Rnk 101 / 174
Flag Rnk 253 / 945
2023
PRODUCT COMPLEXITY IN Concentrated Milk
-0.8Rnk 783 / 1025
2023
Imports
$365MWorld Rnk 19 / 222
Flag Rnk 35 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $878k in Concentrated Milk, making it the 101st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 253rd most exported product in Bangladesh. The main destination of Concentrated Milk exports from Bangladesh are: Spain ($485k), Singapore ($357k), Brunei ($24.5k), Maldives ($5.99k), and Ghana ($5.98k).

The fastest growing export markets for Concentrated Milk of Bangladesh between 2022 and 2023 were Spain ($485k), Singapore ($349k), and Maldives ($5.99k).

Imports In 2023, Bangladesh imported $365M in Concentrated Milk, becoming the 19th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 35th most imported product in Bangladesh. Bangladesh imports Concentrated Milk primarily from: New Zealand ($219M), Singapore ($25.6M), Czechia ($20.8M), United Kingdom ($15.9M), and Belgium ($12.8M).

The fastest growing import markets in Concentrated Milk for Bangladesh between 2022 and 2023 were United Kingdom ($14.8M), Belgium ($6.64M), and United States ($6.22M).

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 Concentrated Milk. 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)$878k
IMPORTS (2023)$365M
NET TRADE (2023)-$364M

In 2023, Bangladesh exported $878k in Concentrated Milk. The main destinations of Bangladesh exports on Concentrated Milk were Spain ($485k), Singapore ($357k), Brunei ($24.5k), Maldives ($5.99k), and Ghana ($5.98k).

In 2023, Bangladesh imported $365M in Concentrated Milk, mainly from New Zealand ($219M), Singapore ($25.6M), Czechia ($20.8M), United Kingdom ($15.9M), and Belgium ($12.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Spain$485k (1%)
Singapore$349k (4.33k%)
Maldives$5.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Bangladesh WERE (2022 - 2023):
Samoa-$26.5k (-100%)
Brunei-$26.1k (-51.5%)
United Arab Emirates-$4.16k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Concentrated Milk were:
In 2023, Bangladesh's main importing competitors in Concentrated Milk were:

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSingapore+ $9.02k
TOP IMPORT POTENTIALIndia+ $5.83M

Concentrated Milk’s highest export potential is Singapore. With an export gap of $9.02k.   Concentrated Milk’s highest import potential is India with an import gap of $5.83M.

See methodology.

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