2022
Exports
$126kWorld Rnk 132 / 188
Flag Rnk 84 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$42.5MWorld Rnk 38 / 212
Flag Rnk 70 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $126k in Natural gums, resins & other vegetable extracts, making it the 132nd largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 84th most exported product in Bangladesh. The main destination of Natural gums, resins & other vegetable extracts exports from Bangladesh are: United Arab Emirates ($95k), Nepal ($15.8k), Germany ($10.1k), Japan ($2.97k), and Malaysia ($1.58k).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Bangladesh between 2021 and 2022 were Nepal ($12.2k), Germany ($10.1k), and Japan ($2.97k).

Imports In 2022, Bangladesh imported $42.5M in Natural gums, resins & other vegetable extracts, becoming the 38th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 70th most imported product in Bangladesh. Bangladesh imports Natural gums, resins & other vegetable extracts primarily from: China ($24.7M), India ($11.1M), Indonesia ($3.06M), Spain ($1.42M), and Italy ($589k).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Bangladesh between 2021 and 2022 were China ($3.26M), Spain ($680k), and Indonesia ($482k).

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 Natural gums, resins & other vegetable extracts. 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)$126k
IMPORTS (2022)$42.5M
NET TRADE (2022)-$42.3M

In 2022, Bangladesh exported $126k in Natural gums, resins & other vegetable extracts. The main destinations of Bangladesh exports on Natural gums, resins & other vegetable extracts were United Arab Emirates ($95k), Nepal ($15.8k), Germany ($10.1k), Japan ($2.97k), and Malaysia ($1.58k).

In 2022, Bangladesh imported $42.5M in Natural gums, resins & other vegetable extracts, mainly from China ($24.7M), India ($11.1M), Indonesia ($3.06M), Spain ($1.42M), and Italy ($589k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Nepal$12.2k (346%)
Germany$10.1k (1%)
Japan$2.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Bangladesh WERE (2021 - 2022):
United Arab Emirates-$6.72k (-6.6%)
South Africa-$2.71k (-100%)
Canada-$755 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Bangladesh's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $22.3k
TOP IMPORT POTENTIALIndia+ $3.48M

Natural gums, resins & other vegetable extracts’s highest export potential is United Arab Emirates. With an export gap of $22.3k.   Natural gums, resins & other vegetable extracts’s highest import potential is India with an import gap of $3.48M.

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