2022
Exports | Imports
$66.6M | $1.86BWorld Rnk 63 / 212
Flag Rnk 48 / 931
World Rnk 8 / 187
Flag Rnk 4 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.9Rnk 100 / 124
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.5Rnk 699 / 1025

About

Exports In 2022, Bangladesh exported $66.6M in Scrap Iron, making it the 63rd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 48th most exported product in Bangladesh. The main destination of Scrap Iron exports from Bangladesh are: India ($49.6M), Vietnam ($7.67M), Chinese Taipei ($5.82M), Singapore ($1.63M), and Japan ($1.53M).

The fastest growing export markets for Scrap Iron of Bangladesh between 2021 and 2022 were India ($2.69M), Singapore ($1.51M), and Japan ($1.13M).

Imports In 2022, Bangladesh imported $1.86B in Scrap Iron, becoming the 8th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 4th most imported product in Bangladesh. Bangladesh imports Scrap Iron primarily from: United States ($687M), United Kingdom ($345M), Australia ($188M), Japan ($150M), and Netherlands ($116M).

The fastest growing import markets in Scrap Iron for Bangladesh between 2021 and 2022 were Netherlands ($116M), United States ($94.5M), and United Kingdom ($50M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Scrap Iron from Bangladesh to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

View
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 Scrap Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$66.6M
IMPORTS (2022)$1.86B
NET TRADE (2022)-$1.8B

In 2022, Bangladesh exported $66.6M in Scrap Iron. The main destinations of Bangladesh exports on Scrap Iron were India ($49.6M), Vietnam ($7.67M), Chinese Taipei ($5.82M), Singapore ($1.63M), and Japan ($1.53M).

In 2022, Bangladesh imported $1.86B in Scrap Iron, mainly from United States ($687M), United Kingdom ($345M), Australia ($188M), Japan ($150M), and Netherlands ($116M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$2.69M (5.72%)
Singapore$1.51M (1.27k%)
Japan$1.13M (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Bangladesh WERE (2021 - 2022):
Chinese Taipei-$4.06M (-41.1%)
Malaysia-$154k (-100%)
Fiji-$5.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bangladesh's main exporting competitors in Scrap Iron were:
In 2022, Bangladesh's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with