2023
Exports
$5.44kWorld Rnk 65 / 104
Flag Rnk 698 / 945
2023
Imports
$767kWorld Rnk 69 / 185
Flag Rnk 861 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $5.44k in Olive Oil, making it the 65th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 698th most exported product in Bangladesh. The main destination of Olive Oil exports from Bangladesh are: Kuwait ($2.6k), Brunei ($1.54k), and Australia ($1.3k).

The fastest growing export markets for Olive Oil of Bangladesh between 2022 and 2023 were Kuwait ($2.6k), Australia ($1.3k), and Brunei ($664).

Imports In 2023, Bangladesh imported $767k in Olive Oil, becoming the 69th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 861st most imported product in Bangladesh. Bangladesh imports Olive Oil primarily from: Spain ($711k), Turkey ($49k), Italy ($4.89k), and India ($1.71k).

The fastest growing import markets in Olive Oil for Bangladesh between 2022 and 2023 were Spain ($395k) and Turkey ($49k).

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 Olive Oil. 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)$5.44k
IMPORTS (2023)$767k
NET TRADE (2023)-$761k

In 2023, Bangladesh exported $5.44k in Olive Oil. The main destinations of Bangladesh exports on Olive Oil were Kuwait ($2.6k), Brunei ($1.54k), and Australia ($1.3k).

In 2023, Bangladesh imported $767k in Olive Oil, mainly from Spain ($711k), Turkey ($49k), Italy ($4.89k), and India ($1.71k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Kuwait$2.6k (1%)
Australia$1.3k (1%)
Brunei$664 (75.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Bangladesh's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $386
TOP IMPORT POTENTIALSpain+ $97.7k

Olive Oil’s highest export potential is India. With an export gap of $386.   Olive Oil’s highest import potential is Spain with an import gap of $97.7k.

See methodology.

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