2023
Exports
$412MWorld Rnk 1 / 85
Flag Rnk 24 / 945
2023
PRODUCT COMPLEXITY IN Jute Yarn
-1.16Rnk 870 / 1025
2023
Imports
$1.76kWorld Rnk 132 / 165
Flag Rnk 1142 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $412M in Jute Yarn, making it the 1st largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 24th most exported product in Bangladesh. The main destination of Jute Yarn exports from Bangladesh are: Turkey ($148M), China ($87.1M), India ($61.8M), Uzbekistan ($27.9M), and Cote d'Ivoire ($15.4M).

The fastest growing export markets for Jute Yarn of Bangladesh between 2022 and 2023 were Uzbekistan ($7.22M), India ($2.81M), and Ukraine ($518k).

Imports In 2023, Bangladesh imported $1.76k in Jute Yarn, becoming the 132nd largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 1142nd most imported product in Bangladesh. Bangladesh imports Jute Yarn primarily from: China ($1.52k) and India ($248).

The fastest growing import markets in Jute Yarn for Bangladesh between 2022 and 2023 were India ($248).

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 Jute Yarn. 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)$412M
IMPORTS (2023)$1.76k
NET TRADE (2023)$412M

In 2023, Bangladesh exported $412M in Jute Yarn. The main destinations of Bangladesh exports on Jute Yarn were Turkey ($148M), China ($87.1M), India ($61.8M), Uzbekistan ($27.9M), and Cote d'Ivoire ($15.4M).

In 2023, Bangladesh imported $1.76k in Jute Yarn, mainly from China ($1.52k) and India ($248).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Uzbekistan$7.22M (34.8%)
India$2.81M (4.77%)
Ukraine$518k (27.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY Bangladesh WERE (2022 - 2023):
Turkey-$70.7M (-32.3%)
China-$51.9M (-37.4%)
Iran-$34.4M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Jute Yarn were:
India $10.9M
In 2023, Bangladesh's main importing competitors in Jute Yarn were:
China $87.1M
India $64.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10M
TOP IMPORT POTENTIALChina+ $1.75k

Jute Yarn’s highest export potential is India. With an export gap of $10M.   Jute Yarn’s highest import potential is China with an import gap of $1.75k.

See methodology.

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