2022
Exports
$58.3kWorld Rnk 150 / 175
Flag Rnk 86 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$2.39BWorld Rnk 13 / 223
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $58.3k in Fertilizers, making it the 150th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 86th most exported product in Bangladesh. The main destination of Fertilizers exports from Bangladesh are: Germany ($42.7k), Ireland ($14.8k), Singapore ($397), Maldives ($380), and Estonia ($60).

The fastest growing export markets for Fertilizers of Bangladesh between 2021 and 2022 were Germany ($42.7k), Ireland ($14.8k), and Singapore ($397).

Imports In 2022, Bangladesh imported $2.39B in Fertilizers, becoming the 13th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 9th most imported product in Bangladesh. Bangladesh imports Fertilizers primarily from: Morocco ($843M), China ($571M), Canada ($503M), Tunisia ($146M), and Jordan ($130M).

The fastest growing import markets in Fertilizers for Bangladesh between 2021 and 2022 were Canada ($451M), Morocco ($277M), and China ($192M).

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 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 (2022)$58.3k
IMPORTS (2022)$2.39B
NET TRADE (2022)-$2.39B

In 2022, Bangladesh exported $58.3k in Fertilizers. The main destinations of Bangladesh exports on Fertilizers were Germany ($42.7k), Ireland ($14.8k), Singapore ($397), Maldives ($380), and Estonia ($60).

In 2022, Bangladesh imported $2.39B in Fertilizers, mainly from Morocco ($843M), China ($571M), Canada ($503M), Tunisia ($146M), and Jordan ($130M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$42.7k (1%)
Ireland$14.8k (1%)
Singapore$397 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bangladesh WERE (2021 - 2022):
Nepal-$23.3M (-100%)
United States-$15.9k (-100%)
Austria-$2.14k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, 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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