2023
Exports
$741kWorld Rnk 86 / 153
Flag Rnk 272 / 945
2023
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.17Rnk 610 / 1025
2023
Imports
$347kWorld Rnk 169 / 223
Flag Rnk 940 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $741k in Fermented Milk Products, making it the 86th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 272nd most exported product in Bangladesh. The main destination of Fermented Milk Products exports from Bangladesh are: Philippines ($572k), Brunei ($56.7k), Singapore ($43.3k), Gabon ($26.5k), and United States ($13.6k).

The fastest growing export markets for Fermented Milk Products of Bangladesh between 2022 and 2023 were Brunei ($28.3k), Gabon ($26.5k), and Canada ($8.19k).

Imports In 2023, Bangladesh imported $347k in Fermented Milk Products, becoming the 169th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 940th most imported product in Bangladesh. Bangladesh imports Fermented Milk Products primarily from: United Kingdom ($110k), Switzerland ($70.3k), China ($52.1k), United Arab Emirates ($47.6k), and United States ($31.2k).

The fastest growing import markets in Fermented Milk Products for Bangladesh between 2022 and 2023 were United States ($31.2k), Switzerland ($19k), and United Arab Emirates ($12k).

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 Fermented Milk Products. 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)$741k
IMPORTS (2023)$347k
NET TRADE (2023)$393k

In 2023, Bangladesh exported $741k in Fermented Milk Products. The main destinations of Bangladesh exports on Fermented Milk Products were Philippines ($572k), Brunei ($56.7k), Singapore ($43.3k), Gabon ($26.5k), and United States ($13.6k).

In 2023, Bangladesh imported $347k in Fermented Milk Products, mainly from United Kingdom ($110k), Switzerland ($70.3k), China ($52.1k), United Arab Emirates ($47.6k), and United States ($31.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Brunei$28.3k (100%)
Gabon$26.5k (1%)
Canada$8.19k (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Bangladesh WERE (2022 - 2023):
Philippines-$870k (-60.3%)
Singapore-$79.3k (-64.7%)
Cambodia-$11.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.9k
TOP IMPORT POTENTIALGermany+ $68.7k

Fermented Milk Products’s highest export potential is United States. With an export gap of $27.9k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $68.7k.

See methodology.

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