2023
Exports
$7.68BWorld Rnk 2 / 221
Flag Rnk 2 / 945
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.21Rnk 878 / 1025
2023
Imports
$22.8MWorld Rnk 100 / 225
Flag Rnk 311 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $7.68B in Non-Knit Men's Suits, making it the 2nd largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 2nd most exported product in Bangladesh. The main destination of Non-Knit Men's Suits exports from Bangladesh are: United States ($1.9B), Germany ($1.17B), Spain ($502M), United Kingdom ($463M), and Poland ($377M).

The fastest growing export markets for Non-Knit Men's Suits of Bangladesh between 2022 and 2023 were India ($24.5M), Israel ($21.8M), and Turkey ($20.2M).

Imports In 2023, Bangladesh imported $22.8M in Non-Knit Men's Suits, becoming the 100th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 311th most imported product in Bangladesh. Bangladesh imports Non-Knit Men's Suits primarily from: China ($9.87M), United Kingdom ($7.93M), India ($4.21M), United Arab Emirates ($623k), and Thailand ($58.4k).

The fastest growing import markets in Non-Knit Men's Suits for Bangladesh between 2022 and 2023 were United Kingdom ($2.07M), China ($1.47M), and Thailand ($48.6k).

COMPANIES In 2024, leading companies such as Kontoor Brands (1.91k), Cotton On (101), and PVH (Phillips-Van Heusen Corporation) (98) were at the forefront of shipping Non-Knit Men's Suits from Bangladesh to the United States.

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 Non-Knit Men's Suits. 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)$7.68B
IMPORTS (2023)$22.8M
NET TRADE (2023)$7.65B

In 2023, Bangladesh exported $7.68B in Non-Knit Men's Suits. The main destinations of Bangladesh exports on Non-Knit Men's Suits were United States ($1.9B), Germany ($1.17B), Spain ($502M), United Kingdom ($463M), and Poland ($377M).

In 2023, Bangladesh imported $22.8M in Non-Knit Men's Suits, mainly from China ($9.87M), United Kingdom ($7.93M), India ($4.21M), United Arab Emirates ($623k), and Thailand ($58.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
India$24.5M (12.6%)
Israel$21.8M (336%)
Turkey$20.2M (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Bangladesh WERE (2022 - 2023):
United States-$720M (-27.4%)
Germany-$206M (-14.9%)
South Korea-$73.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Non-Knit Men's Suits were:
China $8.81B
Vietnam $2.85B
In 2023, Bangladesh's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $200M
TOP IMPORT POTENTIALChina+ $8.24M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $200M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $8.24M.

See methodology.

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