2019
Exports
$1.11kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2019
Imports
$1.09MWorld Rnk 69 / 168
Flag Rnk 841 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Imports In 2022, Bangladesh imported $1.09M in Magnesium, becoming the 69th largest importer of Magnesium in the world. At the same year, Magnesium was the 841st most imported product in Bangladesh. Bangladesh imports Magnesium primarily from: China ($815k), New Zealand ($266k), India ($4.81k), Turkey ($2.04k), and Germany ($32).

The fastest growing import markets in Magnesium for Bangladesh between 2021 and 2022 were New Zealand ($266k), China ($112k), and Turkey ($2.04k).

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 Magnesium. 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 (2019)$1.11k
IMPORTS (2022)$1.09M
NET TRADE (2022)-$1.09M

In 2022, Bangladesh imported $1.09M in Magnesium, mainly from China ($815k), New Zealand ($266k), India ($4.81k), Turkey ($2.04k), and Germany ($32).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Bangladesh's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $619
TOP IMPORT POTENTIALChina+ $798k

Magnesium’s highest export potential is India. With an export gap of $619.   Magnesium’s highest import potential is China with an import gap of $798k.

See methodology.

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