HS Icon Non-Knit Men's Suits in  Flag Bangladesh

2020
Exports | Imports
: $5.75B | $14.9M, World Rnk 2 / 216
Flag Rnk 1 / 847 | World Rnk 101 / 222
Flag Rnk 366 / 1148

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $24.4M | $2.37M, Switzerland |  China


ECONOMIC COMPLEXITY of Bangladesh
: -1.19, Rnk 111 / 127


PRODUCT COMPLEXITY  IN Non-Knit Men's Suits
: -1.16, Rnk 874 / 1028

Exports In 2020, Bangladesh exported $5.75B 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 1st most exported product in Bangladesh. The main destination of Non-Knit Men's Suits exports from Bangladesh are: United States ($1.35B), Germany ($1.01B), United Kingdom ($321M), Spain ($315M), and Poland ($243M).

The fastest growing export markets for Non-Knit Men's Suits of Bangladesh between 2019 and 2020 were Switzerland ($24.4M), Japan ($19.5M), and Poland ($16.5M).

Imports In 2020, Bangladesh imported $14.9M in Non-Knit Men's Suits, becoming the 101st largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 366th most imported product in Bangladesh. Bangladesh imports Non-Knit Men's Suits primarily from: China ($9.42M), India ($2.68M), United Arab Emirates ($1.06M), Russia ($402k), and Belgium ($356k).

The fastest growing import markets in Non-Knit Men's Suits for Bangladesh between 2019 and 2020 were China ($2.37M), Russia ($393k), and Belgium ($356k).

Tariffs In 2016, the average tariff for Bangladesh in Non-Knit Men's Suits was 25%. The countries with the highest import tariffs for Non-Knit Men's Suits were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $5.75B

IMPORTS (2020): $14.9M

NET TRADE (2020): $5.73B

In 2020, Bangladesh exported $5.75B in Non-Knit Men's Suits. The main destinations of Bangladesh exports on Non-Knit Men's Suits were United States ($1.35B), Germany ($1.01B), United Kingdom ($321M), Spain ($315M), and Poland ($243M).

In 2020, Bangladesh imported $14.9M in Non-Knit Men's Suits, mainly from China ($9.42M), India ($2.68M), United Arab Emirates ($1.06M), Russia ($402k), and Belgium ($356k).

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IN 2020, Bangladesh HAD A POSITIVE NET TRADE IN Non-Knit Men's Suits WITH:

Flow

THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Bangladesh WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Bangladesh WERE (2019 - 2020):

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Market Concentration

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In 2019, Bangladesh's main exporting competitors in Non-Knit Men's Suits were:

In 2019, Bangladesh's main importing competitors in Non-Knit Men's Suits were:

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Tariffs by Country

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In 2016, the average tariff for Bangladesh in Non-Knit Men's Suits was 25%.

The countries with the highest tariffs for Non-Knit Men's Suits in Bangladesh were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).