2022
Exports
$86kWorld Rnk 77 / 184
Flag Rnk 502 / 931
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$1.45MWorld Rnk 87 / 218
Flag Rnk 808 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $86k in Tool Sets, making it the 77th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 502nd most exported product in Bangladesh. The main destination of Tool Sets exports from Bangladesh are: Canada ($44.3k), Germany ($21k), South Korea ($10.6k), Czechia ($5.24k), and Luxembourg ($1.69k).

The fastest growing export markets for Tool Sets of Bangladesh between 2021 and 2022 were Canada ($42.2k), Germany ($21k), and South Korea ($10.5k).

Imports In 2022, Bangladesh imported $1.45M in Tool Sets, becoming the 87th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 808th most imported product in Bangladesh. Bangladesh imports Tool Sets primarily from: China ($975k), India ($275k), South Korea ($60.2k), Germany ($33.2k), and United Kingdom ($21k).

The fastest growing import markets in Tool Sets for Bangladesh between 2021 and 2022 were South Korea ($32.8k), Italy ($17.4k), and Germany ($11.3k).

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 Tool Sets. 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)$86k
IMPORTS (2022)$1.45M
NET TRADE (2022)-$1.36M

In 2022, Bangladesh exported $86k in Tool Sets. The main destinations of Bangladesh exports on Tool Sets were Canada ($44.3k), Germany ($21k), South Korea ($10.6k), Czechia ($5.24k), and Luxembourg ($1.69k).

In 2022, Bangladesh imported $1.45M in Tool Sets, mainly from China ($975k), India ($275k), South Korea ($60.2k), Germany ($33.2k), and United Kingdom ($21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Canada$42.2k (1.98k%)
Germany$21k (1%)
South Korea$10.5k (70.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Bangladesh WERE (2021 - 2022):
Norway-$581 (-100%)
Honduras-$410 (-100%)
Chile-$107 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Tool Sets were:
In 2022, Bangladesh's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $22.6k
TOP IMPORT POTENTIALChina+ $577k

Tool Sets’s highest export potential is Germany. With an export gap of $22.6k.   Tool Sets’s highest import potential is China with an import gap of $577k.

See methodology.

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