2022
Exports
$40.1MWorld Rnk 46 / 175
Flag Rnk 65 / 931
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$535kWorld Rnk 126 / 224
Flag Rnk 905 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $40.1M in Processed Crustaceans, making it the 46th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 65th most exported product in Bangladesh. The main destination of Processed Crustaceans exports from Bangladesh are: Thailand ($16.3M), China ($5.67M), Netherlands ($3.37M), Hong Kong ($2.98M), and United Kingdom ($2.5M).

The fastest growing export markets for Processed Crustaceans of Bangladesh between 2021 and 2022 were Thailand ($7.44M), China ($2.92M), and Australia ($329k).

Imports In 2022, Bangladesh imported $535k in Processed Crustaceans, becoming the 126th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 905th most imported product in Bangladesh. Bangladesh imports Processed Crustaceans primarily from: Thailand ($367k), South Korea ($76.4k), India ($34.3k), Singapore ($20.3k), and Malaysia ($19.7k).

The fastest growing import markets in Processed Crustaceans for Bangladesh between 2021 and 2022 were Thailand ($97.2k), South Korea ($71.2k), and India ($34.3k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (2) were at the forefront of shipping Processed Crustaceans from Bangladesh to the United States.

Latest Trends

Sep 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 Processed Crustaceans. 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)$40.1M
IMPORTS (2022)$535k
NET TRADE (2022)$39.5M

In 2022, Bangladesh exported $40.1M in Processed Crustaceans. The main destinations of Bangladesh exports on Processed Crustaceans were Thailand ($16.3M), China ($5.67M), Netherlands ($3.37M), Hong Kong ($2.98M), and United Kingdom ($2.5M).

In 2022, Bangladesh imported $535k in Processed Crustaceans, mainly from Thailand ($367k), South Korea ($76.4k), India ($34.3k), Singapore ($20.3k), and Malaysia ($19.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Thailand$7.44M (83.6%)
China$2.92M (106%)
Australia$329k (939%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Bangladesh WERE (2021 - 2022):
Hong Kong-$12.1M (-80.3%)
Germany-$1.42M (-47.7%)
Russia-$580k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Bangladesh's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.17M
TOP IMPORT POTENTIALMalaysia+ $9.4k

Processed Crustaceans’s highest export potential is United States. With an export gap of $2.17M.   Processed Crustaceans’s highest import potential is Malaysia with an import gap of $9.4k.

See methodology.

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