2022
Exports
$50MWorld Rnk 162 / 220
Flag Rnk 17 / 21
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2022
Imports
$15BWorld Rnk 45 / 226
Flag Rnk 2 / 21
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $50M in Mineral Products, making it the 162nd largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 17th most exported product in Bangladesh. The main destination of Mineral Products exports from Bangladesh are: India ($33.9M), Malaysia ($5.04M), Japan ($3.95M), South Korea ($2.75M), and Indonesia ($2.13M).

The fastest growing export markets for Mineral Products of Bangladesh between 2021 and 2022 were India ($13.3M), Japan ($3.95M), and Thailand ($400k).

Imports In 2022, Bangladesh imported $15B in Mineral Products, becoming the 45th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 2nd most imported product in Bangladesh. Bangladesh imports Mineral Products primarily from: Malaysia ($2.96B), Singapore ($2.49B), China ($2.29B), India ($2.26B), and Indonesia ($1.51B).

The fastest growing import markets in Mineral Products for Bangladesh between 2021 and 2022 were Malaysia ($1.59B), China ($982M), and South Korea ($910M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) were at the forefront of shipping Mineral Products from Bangladesh to the United States.

Latest Trends

Nov 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 Mineral Products. 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)$50M
IMPORTS (2022)$15B
NET TRADE (2022)-$15B

In 2022, Bangladesh exported $50M in Mineral Products. The main destinations of Bangladesh exports on Mineral Products were India ($33.9M), Malaysia ($5.04M), Japan ($3.95M), South Korea ($2.75M), and Indonesia ($2.13M).

In 2022, Bangladesh imported $15B in Mineral Products, mainly from Malaysia ($2.96B), Singapore ($2.49B), China ($2.29B), India ($2.26B), and Indonesia ($1.51B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$13.3M (64.8%)
Japan$3.95M (1%)
Thailand$400k (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Bangladesh WERE (2021 - 2022):
Malaysia-$36.8M (-87.9%)
Singapore-$13.7M (-99.5%)
China-$9.8M (-95.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Mineral Products were:
In 2022, Bangladesh's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $23.9M
TOP IMPORT POTENTIALIndia+ $1.37B

Mineral Products’s highest export potential is India. With an export gap of $23.9M.   Mineral Products’s highest import potential is India with an import gap of $1.37B.

See methodology.

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