2022
Exports
$57.7BWorld Rnk 2 / 226
Flag Rnk 1 / 21
2022
PRODUCT COMPLEXITY IN Textiles
1.5Rnk 52 / 1025
2022
Imports
$17.9BWorld Rnk 14 / 226
Flag Rnk 1 / 21
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $57.7B in Textiles, making it the 2nd largest exporter of Textiles in the world. At the same year, Textiles was the 1st most exported product in Bangladesh. The main destination of Textiles exports from Bangladesh are: United States ($10.2B), Germany ($9.69B), United Kingdom ($4.61B), Spain ($4.28B), and Poland ($3.33B).

The fastest growing export markets for Textiles of Bangladesh between 2021 and 2022 were United States ($2.55B), Germany ($1.73B), and United Kingdom ($1.52B).

Imports In 2022, Bangladesh imported $17.9B in Textiles, becoming the 14th largest importer of Textiles in the world. At the same year, Textiles was the 1st most imported product in Bangladesh. Bangladesh imports Textiles primarily from: China ($9.37B), India ($3.49B), Pakistan ($740M), Brazil ($504M), and United States ($503M).

The fastest growing import markets in Textiles for Bangladesh between 2021 and 2022 were China ($751M), Australia ($167M), and United States ($152M).

COMPANIES In 2023, leading companies such as H&M Clothing (671), PVH (Phillips-Van Heusen Corporation) (439), and Kontoor Brands (329) were at the forefront of shipping Textiles from Bangladesh to the United States.

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 Textiles. 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)$57.7B
IMPORTS (2022)$17.9B
NET TRADE (2022)$39.8B

In 2022, Bangladesh exported $57.7B in Textiles. The main destinations of Bangladesh exports on Textiles were United States ($10.2B), Germany ($9.69B), United Kingdom ($4.61B), Spain ($4.28B), and Poland ($3.33B).

In 2022, Bangladesh imported $17.9B in Textiles, mainly from China ($9.37B), India ($3.49B), Pakistan ($740M), Brazil ($504M), and United States ($503M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$2.55B (33.3%)
Germany$1.73B (21.8%)
United Kingdom$1.52B (49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles BY Bangladesh WERE (2021 - 2022):
Russia-$1.2B (-100%)
Austria-$708M (-71.8%)
Saudi Arabia-$409M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Textiles were:
China $303B
Vietnam $48.8B
In 2022, Bangladesh's main importing competitors in Textiles were:

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Trade Value of Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.27B
TOP IMPORT POTENTIALIndia+ $381M

Textiles’s highest export potential is United States. With an export gap of $3.27B.   Textiles’s highest import potential is India with an import gap of $381M.

See methodology.

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