2022
Exports
$139kWorld Rnk 76 / 182
Flag Rnk 447 / 931
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$4.58MWorld Rnk 67 / 216
Flag Rnk 641 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $139k in Electromagnets, making it the 76th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 447th most exported product in Bangladesh. The main destination of Electromagnets exports from Bangladesh are: United States ($78.4k), India ($53.9k), Switzerland ($4.05k), Malaysia ($2.71k), and Maldives ($37).

The fastest growing export markets for Electromagnets of Bangladesh between 2021 and 2022 were India ($53.9k), United States ($50.4k), and Switzerland ($4.05k).

Imports In 2022, Bangladesh imported $4.58M in Electromagnets, becoming the 67th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 641st most imported product in Bangladesh. Bangladesh imports Electromagnets primarily from: China ($2.23M), India ($926k), Italy ($585k), South Korea ($314k), and Germany ($162k).

The fastest growing import markets in Electromagnets for Bangladesh between 2021 and 2022 were Italy ($468k), India ($214k), and South Korea ($185k).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Electromagnets. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$139k
IMPORTS (2022)$4.58M
NET TRADE (2022)-$4.44M

In 2022, Bangladesh exported $139k in Electromagnets. The main destinations of Bangladesh exports on Electromagnets were United States ($78.4k), India ($53.9k), Switzerland ($4.05k), Malaysia ($2.71k), and Maldives ($37).

In 2022, Bangladesh imported $4.58M in Electromagnets, mainly from China ($2.23M), India ($926k), Italy ($585k), South Korea ($314k), and Germany ($162k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$53.9k (1%)
United States$50.4k (180%)
Switzerland$4.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Bangladesh WERE (2021 - 2022):
Saudi Arabia-$2.53k (-100%)
China-$353 (-100%)
Maldives-$334 (-90%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bangladesh's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Bangladesh's main importing competitors in Electromagnets were:

Explore Visualizations

Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $122k
TOP IMPORT POTENTIALChina+ $2.27M

Electromagnets’s highest export potential is United States. With an export gap of $122k.   Electromagnets’s highest import potential is China with an import gap of $2.27M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with