2022
Exports
$7.13MWorld Rnk 129 / 221
Flag Rnk 57 / 96
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$48.2MWorld Rnk 115 / 226
Flag Rnk 69 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $7.13M in Wood, wood articles, & charcoal, making it the 129th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 57th most exported product in Bangladesh. The main destination of Wood, wood articles, & charcoal exports from Bangladesh are: China ($4.07M), India ($1.56M), United States ($264k), Norway ($232k), and Switzerland ($169k).

The fastest growing export markets for Wood, wood articles, & charcoal of Bangladesh between 2021 and 2022 were China ($1.16M), India ($197k), and Norway ($115k).

Imports In 2022, Bangladesh imported $48.2M in Wood, wood articles, & charcoal, becoming the 115th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 69th most imported product in Bangladesh. Bangladesh imports Wood, wood articles, & charcoal primarily from: China ($22M), India ($7.3M), Indonesia ($3.35M), Malaysia ($2.68M), and United States ($2.21M).

The fastest growing import markets in Wood, wood articles, & charcoal for Bangladesh between 2021 and 2022 were India ($2.11M), Italy ($376k), and Thailand ($362k).

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 Wood, wood articles, & charcoal. 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)$7.13M
IMPORTS (2022)$48.2M
NET TRADE (2022)-$41.1M

In 2022, Bangladesh exported $7.13M in Wood, wood articles, & charcoal. The main destinations of Bangladesh exports on Wood, wood articles, & charcoal were China ($4.07M), India ($1.56M), United States ($264k), Norway ($232k), and Switzerland ($169k).

In 2022, Bangladesh imported $48.2M in Wood, wood articles, & charcoal, mainly from China ($22M), India ($7.3M), Indonesia ($3.35M), Malaysia ($2.68M), and United States ($2.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
China$1.16M (39.7%)
India$197k (14.4%)
Norway$115k (98.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Bangladesh WERE (2021 - 2022):
United Kingdom-$315k (-73.7%)
Malaysia-$151k (-90.7%)
Germany-$74.9k (-75.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Bangladesh's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $693k
TOP IMPORT POTENTIALChina+ $12.3M

Wood, wood articles, & charcoal’s highest export potential is China. With an export gap of $693k.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $12.3M.

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