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2022
Exports $1.59MWorld Rnk 83 / 196
Flag Rnk 236 / 931
2022
Destination $125k France
2021 - 2022
FASTEST GROWING MARKET $125kUnited States
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $2.59MWorld Rnk 77 / 214
Flag Rnk 740 / 1173
2022
Origin $493k India
2021 - 2022
FASTEST GROWING ORIGIN $493kIndia
2022
ECONOMIC COMPLEXITY of Bangladesh-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $1.59M in Essential Oils, making it the 83rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 236th most exported product in Bangladesh. The main destination of Essential Oils exports from Bangladesh are: France ($738k), United States ($587k), Kuwait ($107k), United Arab Emirates ($57.8k), and United Kingdom ($45.6k).

The fastest growing export markets for Essential Oils of Bangladesh between 2021 and 2022 were United States ($125k), Kuwait ($98.7k), and United Arab Emirates ($45.9k).

Imports In 2022, Bangladesh imported $2.59M in Essential Oils, becoming the 77th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 740th most imported product in Bangladesh. Bangladesh imports Essential Oils primarily from: India ($1.56M), Singapore ($350k), China ($181k), United Arab Emirates ($172k), and Brazil ($108k).

The fastest growing import markets in Essential Oils for Bangladesh between 2021 and 2022 were India ($493k), United Arab Emirates ($163k), and Singapore ($57.5k).

Latest Trends

Jul 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 Essential Oils. 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)$1.59M
IMPORTS (2022)$2.59M
NET TRADE (2022)-$997k

In 2022, Bangladesh exported $1.59M in Essential Oils. The main destinations of Bangladesh exports on Essential Oils were France ($738k), United States ($587k), Kuwait ($107k), United Arab Emirates ($57.8k), and United Kingdom ($45.6k).

In 2022, Bangladesh imported $2.59M in Essential Oils, mainly from India ($1.56M), Singapore ($350k), China ($181k), United Arab Emirates ($172k), and Brazil ($108k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$125k (27.2%)
Kuwait$98.7k (1.19k%)
United Arab Emirates$45.9k (385%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Bangladesh WERE (2021 - 2022):
France-$221k (-23.1%)
Switzerland-$5.09k (-28.5%)
Ireland-$4.2k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Bangladesh's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $763k
TOP IMPORT POTENTIALIndia+ $1.77M

Essential Oils’s highest export potential is United States. With an export gap of $763k.   Essential Oils’s highest import potential is India with an import gap of $1.77M.

See methodology.

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