2023
Exports
$5.1kWorld Rnk 163 / 175
Flag Rnk 91 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$1.36BWorld Rnk 17 / 221
Flag Rnk 11 / 96
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $5.1k in Fertilizers, making it the 163rd largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 91st most exported product in Bangladesh. The main destination of Fertilizers exports from Bangladesh are: Austria ($5.06k), Ireland ($39), and France ($1).

The fastest growing export markets for Fertilizers of Bangladesh between 2022 and 2023 were France ($1).

Imports In 2023, Bangladesh imported $1.36B in Fertilizers, becoming the 17th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 11th most imported product in Bangladesh. Bangladesh imports Fertilizers primarily from: Morocco ($399M), Canada ($387M), Saudi Arabia ($367M), China ($125M), and Tunisia ($43.4M).

The fastest growing import markets in Fertilizers for Bangladesh between 2022 and 2023 were Malaysia ($1.21M), Chinese Taipei ($1.19M), and Turkey ($328k).

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 Fertilizers. 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)$5.1k
IMPORTS (2023)$1.36B
NET TRADE (2023)-$1.36B

In 2023, Bangladesh exported $5.1k in Fertilizers. The main destinations of Bangladesh exports on Fertilizers were Austria ($5.06k), Ireland ($39), and France ($1).

In 2023, Bangladesh imported $1.36B in Fertilizers, mainly from Morocco ($399M), Canada ($387M), Saudi Arabia ($367M), China ($125M), and Tunisia ($43.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):France$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bangladesh WERE (2022 - 2023):
Germany-$45.8k (-100%)
Ireland-$17.3k (-99.8%)
Austria-$1.14k (-18.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Bangladesh's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $43.2k
TOP IMPORT POTENTIALIndia+ $3.02M

Fertilizers’s highest export potential is Germany. With an export gap of $43.2k.   Fertilizers’s highest import potential is India with an import gap of $3.02M.

See methodology.

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