2022
Exports
$160MWorld Rnk 64 / 217
Flag Rnk 39 / 931
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$99.6MWorld Rnk 134 / 224
Flag Rnk 153 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $160M in Packaged Medicaments, making it the 64th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 39th most exported product in Bangladesh. The main destination of Packaged Medicaments exports from Bangladesh are: Burma ($23.3M), Sri Lanka ($21.2M), Vietnam ($21M), United States ($16.7M), and Philippines ($16M).

The fastest growing export markets for Packaged Medicaments of Bangladesh between 2021 and 2022 were Vietnam ($6.83M), United States ($2.81M), and Cambodia ($2.54M).

Imports In 2022, Bangladesh imported $99.6M in Packaged Medicaments, becoming the 134th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 153rd most imported product in Bangladesh. Bangladesh imports Packaged Medicaments primarily from: United States ($20.2M), India ($12.5M), Germany ($10.7M), Switzerland ($10.5M), and South Korea ($10.2M).

The fastest growing import markets in Packaged Medicaments for Bangladesh between 2021 and 2022 were United States ($4.16M), Switzerland ($3.1M), and France ($1.83M).

Latest Trends

Oct 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 Packaged Medicaments. 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)$160M
IMPORTS (2022)$99.6M
NET TRADE (2022)$59.9M

In 2022, Bangladesh exported $160M in Packaged Medicaments. The main destinations of Bangladesh exports on Packaged Medicaments were Burma ($23.3M), Sri Lanka ($21.2M), Vietnam ($21M), United States ($16.7M), and Philippines ($16M).

In 2022, Bangladesh imported $99.6M in Packaged Medicaments, mainly from United States ($20.2M), India ($12.5M), Germany ($10.7M), Switzerland ($10.5M), and South Korea ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Vietnam$6.83M (48.1%)
United States$2.81M (20.2%)
Cambodia$2.54M (65.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bangladesh WERE (2021 - 2022):
Philippines-$6.17M (-27.8%)
Sri Lanka-$4.39M (-17.2%)
Indonesia-$3.58M (-95.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Packaged Medicaments were:
In 2022, Bangladesh's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.9M
TOP IMPORT POTENTIALIndia+ $28M

Packaged Medicaments’s highest export potential is United States. With an export gap of $30.9M.   Packaged Medicaments’s highest import potential is India with an import gap of $28M.

See methodology.

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