Knit Sweaters in Bangladesh 2021 Exports | Imports : $6.32B | $6.81M, World Rnk 2 / 220 Rnk 3 / 922 | World Rnk 118 / 217 Rnk 554 / 1163
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $295M | $2.38M, Germany | China
2021 ECONOMIC COMPLEXITY of Bangladesh: -0.85, Rnk 101 / 131
2021 PRODUCT COMPLEXITY IN Knit Sweaters: -1.35, Rnk 924 / 1029
Exports In 2021, Bangladesh exported $6.32B in Knit Sweaters, making it the 2nd largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 3rd most exported product in Bangladesh. The main destination of Knit Sweaters exports from Bangladesh are: Germany ($1.22B), United States ($703M), Spain ($488M), United Kingdom ($412M), and Poland ($376M).
The fastest growing export markets for Knit Sweaters of Bangladesh between 2020 and 2021 were Germany ($295M), United States ($220M), and Poland ($116M).
Imports In 2021, Bangladesh imported $6.81M in Knit Sweaters, becoming the 118th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 554th most imported product in Bangladesh. Bangladesh imports Knit Sweaters primarily from: China ($3.06M), United Arab Emirates ($2.27M), India ($1.38M), South Korea ($36.8k), and Sri Lanka ($27.9k).
The fastest growing import markets in Knit Sweaters for Bangladesh between 2020 and 2021 were China ($2.38M), United Arab Emirates ($2.11M), and India ($449k).
Tariffs In 2016, the average tariff for Bangladesh in Knit Sweaters was 25%. The countries with the highest import tariffs for Knit Sweaters were Angola (Most Favoured Nation duty rate treatment, 25%), Burundi (Most Favoured Nation duty rate treatment, 25%), Benin (Most Favoured Nation duty rate treatment, 25%), Burkina Faso (Most Favoured Nation duty rate treatment, 25%), and Botswana (Most Favoured Nation duty rate treatment, 25%).
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 Knit Sweaters. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $6.32B
IMPORTS (2021): $6.81M
NET TRADE (2021): $6.32B
In 2021, Bangladesh exported $6.32B in Knit Sweaters. The main destinations of Bangladesh exports on Knit Sweaters were Germany ($1.22B), United States ($703M), Spain ($488M), United Kingdom ($412M), and Poland ($376M).
In 2021, Bangladesh imported $6.81M in Knit Sweaters, mainly from China ($3.06M), United Arab Emirates ($2.27M), India ($1.38M), South Korea ($36.8k), and Sri Lanka ($27.9k).
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Bangladesh WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Bangladesh WERE (2020 - 2021):
In 2021, Bangladesh's main exporting competitors in Knit Sweaters were:
In 2021, Bangladesh's main importing competitors in Knit Sweaters were:
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