2022
Exports
$1.89MWorld Rnk 101 / 162
Flag Rnk 223 / 931
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$8.57MWorld Rnk 149 / 217
Flag Rnk 525 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $1.89M in Raw Iron Bars, making it the 101st largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 223rd most exported product in Bangladesh. The main destination of Raw Iron Bars exports from Bangladesh are: India ($1.89M).

The fastest growing export markets for Raw Iron Bars of Bangladesh between 2021 and 2022 were India ($1.89M).

Imports In 2022, Bangladesh imported $8.57M in Raw Iron Bars, becoming the 149th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 525th most imported product in Bangladesh. Bangladesh imports Raw Iron Bars primarily from: India ($5.85M), China ($1.47M), Japan ($1.1M), Singapore ($67k), and Costa Rica ($38.8k).

The fastest growing import markets in Raw Iron Bars for Bangladesh between 2021 and 2022 were Japan ($111k), Singapore ($67k), and Costa Rica ($38.8k).

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 Raw Iron Bars. 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)$1.89M
IMPORTS (2022)$8.57M
NET TRADE (2022)-$6.68M

In 2022, Bangladesh exported $1.89M in Raw Iron Bars. The main destinations of Bangladesh exports on Raw Iron Bars were India ($1.89M).

In 2022, Bangladesh imported $8.57M in Raw Iron Bars, mainly from India ($5.85M), China ($1.47M), Japan ($1.1M), Singapore ($67k), and Costa Rica ($38.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):India$1.89M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Bangladesh WERE (2021 - 2022):
Japan-$6.88k (-100%)
Thailand-$962 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Bangladesh's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $807k
TOP IMPORT POTENTIALIndia+ $2.1M

Raw Iron Bars’s highest export potential is India. With an export gap of $807k.   Raw Iron Bars’s highest import potential is India with an import gap of $2.1M.

See methodology.

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