2022
Exports
$20.7kWorld Rnk 127 / 156
Flag Rnk 616 / 931
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$21.5MWorld Rnk 77 / 216
Flag Rnk 361 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $20.7k in Iron Wire, making it the 127th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 616th most exported product in Bangladesh. The main destination of Iron Wire exports from Bangladesh are: Czechia ($20.2k) and Indonesia ($515).

The fastest growing export markets for Iron Wire of Bangladesh between 2021 and 2022 were Czechia ($20.2k) and Indonesia ($272).

Imports In 2022, Bangladesh imported $21.5M in Iron Wire, becoming the 77th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 361st most imported product in Bangladesh. Bangladesh imports Iron Wire primarily from: China ($16.8M), India ($4.28M), Chinese Taipei ($184k), Vietnam ($64.7k), and Turkey ($62.1k).

The fastest growing import markets in Iron Wire for Bangladesh between 2021 and 2022 were China ($3.45M), Vietnam ($64.7k), and Turkey ($25.7k).

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 Iron Wire. 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)$20.7k
IMPORTS (2022)$21.5M
NET TRADE (2022)-$21.5M

In 2022, Bangladesh exported $20.7k in Iron Wire. The main destinations of Bangladesh exports on Iron Wire were Czechia ($20.2k) and Indonesia ($515).

In 2022, Bangladesh imported $21.5M in Iron Wire, mainly from China ($16.8M), India ($4.28M), Chinese Taipei ($184k), Vietnam ($64.7k), and Turkey ($62.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Czechia$20.2k (1%)
Indonesia$272 (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Bangladesh WERE (2021 - 2022):South Korea-$72 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Iron Wire were:
In 2022, Bangladesh's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCzechia+ $12.8k
TOP IMPORT POTENTIALChina+ $6.21M

Iron Wire’s highest export potential is Czechia. With an export gap of $12.8k.   Iron Wire’s highest import potential is China with an import gap of $6.21M.

See methodology.

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