Crude Petroleum in Bangladesh

EXPORTS (2017): $5.09k, World Rnk 116 / 122
Flag Rnk 622 / 752

TOP DESTINATION (2017): $5.09k, Netherlands

IMPORTS (2018): $24k, World Rnk 126 / 148
Flag Rnk 1087 / 1140

TOP ORIGIN (2018): $24k, Thailand

FASTEST GROWING ORIGIN (2017 - 2018): $24k, Thailand

ECONOMIC COMPLEXITY of Bangladesh (2018): -1.42, Rnk 127 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 2017, Bangladesh exported $5.09k in Crude Petroleum, making it the 116th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 622nd most exported product in Bangladesh. The main destination of Crude Petroleum exports from Bangladesh are: Netherlands ($5.09k).

Imports: In 2018, Bangladesh imported $24k in Crude Petroleum, becoming the 126th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1087th most imported product in Bangladesh. Bangladesh imports Crude Petroleum primarily from: Thailand ($24k).

The fastest growing import markets in Crude Petroleum for Bangladesh between 2017 and 2018 were Thailand ($24k).

Tariffs: In 2016, the average tariff for Bangladesh in Crude Petroleum was 5%. The countries with the highest import tariffs for Crude Petroleum were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2017): $5.09k

IMPORTS (2018): $24k

NET TRADE (2018): -$24k

In 2017, Bangladesh exported $5.09k in Crude Petroleum. The main destinations of Bangladesh exports on Crude Petroleum were Netherlands ($5.09k).

In 2018, Bangladesh imported $24k in Crude Petroleum, mainly from Thailand ($24k).

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Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Bangladesh WERE (2016 - 2017):

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Market Concentration

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Flow
Type

In 2018, Bangladesh's main exporting competitors in Crude Petroleum were:

In 2018, Bangladesh's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Crude Petroleum in Bangladesh. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2016, the average tariff for Bangladesh in Crude Petroleum was 5%.

The countries with the highest tariffs for Crude Petroleum in Bangladesh were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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