2022
Exports
$2.74BWorld Rnk 13 / 225
Flag Rnk 2 / 21
2022
PRODUCT COMPLEXITY IN Footwear and Headwear
0.5Rnk 367 / 1025
2022
Imports
$548MWorld Rnk 60 / 225
Flag Rnk 16 / 21
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $2.74B in Footwear and Headwear, making it the 13th largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 2nd most exported product in Bangladesh. The main destination of Footwear and Headwear exports from Bangladesh are: United States ($1.1B), Germany ($286M), France ($150M), Poland ($140M), and Canada ($113M).

The fastest growing export markets for Footwear and Headwear of Bangladesh between 2021 and 2022 were United States ($370M), Germany ($84M), and France ($74.2M).

Imports In 2022, Bangladesh imported $548M in Footwear and Headwear, becoming the 60th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 16th most imported product in Bangladesh. Bangladesh imports Footwear and Headwear primarily from: China ($485M), India ($20.6M), South Korea ($13.7M), Vietnam ($12.2M), and Italy ($3.63M).

The fastest growing import markets in Footwear and Headwear for Bangladesh between 2021 and 2022 were China ($98.3M), India ($5.47M), and South Korea ($3.66M).

COMPANIES In 2023, leading companies such as Spencer Gifts (27), H&M Clothing (6), and Puma (1) were at the forefront of shipping Footwear and Headwear from Bangladesh to the United States.

Latest Trends

Oct 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 Footwear and Headwear. 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)$2.74B
IMPORTS (2022)$548M
NET TRADE (2022)$2.19B

In 2022, Bangladesh exported $2.74B in Footwear and Headwear. The main destinations of Bangladesh exports on Footwear and Headwear were United States ($1.1B), Germany ($286M), France ($150M), Poland ($140M), and Canada ($113M).

In 2022, Bangladesh imported $548M in Footwear and Headwear, mainly from China ($485M), India ($20.6M), South Korea ($13.7M), Vietnam ($12.2M), and Italy ($3.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$370M (50.3%)
Germany$84M (41.5%)
France$74.2M (97.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Bangladesh WERE (2021 - 2022):
Spain-$39.5M (-41.1%)
Russia-$30.5M (-100%)
Austria-$16.5M (-81.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Footwear and Headwear were:
China $83.6B
Vietnam $28.2B
Italy $13.9B
In 2022, Bangladesh's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $183M
TOP IMPORT POTENTIALChina+ $29.8M

Footwear and Headwear’s highest export potential is United States. With an export gap of $183M.   Footwear and Headwear’s highest import potential is China with an import gap of $29.8M.

See methodology.

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