2022
Exports
$99.1kWorld Rnk 79 / 142
Flag Rnk 487 / 931
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$54.5MWorld Rnk 15 / 208
Flag Rnk 215 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $99.1k in Synthetic Fabrics, making it the 79th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 487th most exported product in Bangladesh. The main destination of Synthetic Fabrics exports from Bangladesh are: India ($37.9k), Egypt ($36.1k), Vietnam ($15.2k), Philippines ($3.74k), and Sri Lanka ($1.63k).

The fastest growing export markets for Synthetic Fabrics of Bangladesh between 2021 and 2022 were Egypt ($36.1k), India ($21.9k), and Philippines ($3.74k).

Imports In 2022, Bangladesh imported $54.5M in Synthetic Fabrics, becoming the 15th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 215th most imported product in Bangladesh. Bangladesh imports Synthetic Fabrics primarily from: China ($40M), South Korea ($4.94M), Vietnam ($3.48M), Thailand ($2M), and India ($1.38M).

The fastest growing import markets in Synthetic Fabrics for Bangladesh between 2021 and 2022 were China ($3.77M), Vietnam ($1.62M), and India ($644k).

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 Synthetic Fabrics. 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)$99.1k
IMPORTS (2022)$54.5M
NET TRADE (2022)-$54.4M

In 2022, Bangladesh exported $99.1k in Synthetic Fabrics. The main destinations of Bangladesh exports on Synthetic Fabrics were India ($37.9k), Egypt ($36.1k), Vietnam ($15.2k), Philippines ($3.74k), and Sri Lanka ($1.63k).

In 2022, Bangladesh imported $54.5M in Synthetic Fabrics, mainly from China ($40M), South Korea ($4.94M), Vietnam ($3.48M), Thailand ($2M), and India ($1.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Egypt$36.1k (1%)
India$21.9k (137%)
Philippines$3.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Bangladesh WERE (2021 - 2022):
Vietnam-$111k (-88%)
United States-$7.91k (-100%)
Nepal-$5.18k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Synthetic Fabrics were:
In 2022, Bangladesh's main importing competitors in Synthetic Fabrics were:

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $57k
TOP IMPORT POTENTIALIndia+ $1.88M

Synthetic Fabrics’s highest export potential is India. With an export gap of $57k.   Synthetic Fabrics’s highest import potential is India with an import gap of $1.88M.

See methodology.

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