2022
Exports
$9.82MWorld Rnk 77 / 222
Flag Rnk 119 / 931
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$129MWorld Rnk 59 / 225
Flag Rnk 130 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $9.82M in Other Iron Products, making it the 77th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 119th most exported product in Bangladesh. The main destination of Other Iron Products exports from Bangladesh are: India ($6.58M), United States ($2.11M), Germany ($255k), United Kingdom ($180k), and Poland ($129k).

The fastest growing export markets for Other Iron Products of Bangladesh between 2021 and 2022 were United States ($1.05M), Germany ($167k), and Poland ($118k).

Imports In 2022, Bangladesh imported $129M in Other Iron Products, becoming the 59th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 130th most imported product in Bangladesh. Bangladesh imports Other Iron Products primarily from: China ($95.2M), France ($11.5M), South Korea ($5.47M), Thailand ($3.1M), and India ($2.27M).

The fastest growing import markets in Other Iron Products for Bangladesh between 2021 and 2022 were China ($16.6M), France ($2.54M), and Thailand ($1.48M).

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 Other Iron 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)$9.82M
IMPORTS (2022)$129M
NET TRADE (2022)-$119M

In 2022, Bangladesh exported $9.82M in Other Iron Products. The main destinations of Bangladesh exports on Other Iron Products were India ($6.58M), United States ($2.11M), Germany ($255k), United Kingdom ($180k), and Poland ($129k).

In 2022, Bangladesh imported $129M in Other Iron Products, mainly from China ($95.2M), France ($11.5M), South Korea ($5.47M), Thailand ($3.1M), and India ($2.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$1.05M (98.7%)
Germany$167k (192%)
Poland$118k (1.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Bangladesh WERE (2021 - 2022):
India-$400k (-5.72%)
Italy-$275k (-100%)
Japan-$63k (-65.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $6.1M
TOP IMPORT POTENTIALChina+ $35.9M

Other Iron Products’s highest export potential is India. With an export gap of $6.1M.   Other Iron Products’s highest import potential is China with an import gap of $35.9M.

See methodology.

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