India / Bangladesh

Overview In January 2024, India exported $923M and imported $134M from Bangladesh, resulting in a positive trade balance of $790M. Between January 2023 and January 2024 the exports of India have increased by $122M (15.2%) from $802M to $923M, while imports decreased by $-31.3M (-18.9%) from $165M to $134M.

Trade In January 2024, the top exports of India to Bangladesh were Sugar ($95.1M), Cotton Yarn ($71.4M), Cotton Raw Incld. Waste ($48.9M), Other Cereals ($43.3M), and Cotton Fabrics, Madeups Etc. ($40.1M). In January 2024 the top imports of India from Bangladesh were Rmg Cotton Incl Accessories ($54.2M), Cotton Fabrics, Madeups Etc. ($12.4M), Other Commodities ($8.23M), Rmg Manmade Fibres ($6.92M), and Spices ($6.64M).

Growth In January 2024, the increase in India's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Oil Meals ($21.5M or 525%), Rice(Other Than Basmoti) ($15.3M or 446%), and Misc Processed Items ($9.89M or 113%). In January 2024, the decrease in India's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Spices ($-7.62M or -53.4%), Iron And Steel ($-5.41M or -67.3%), and Inorganic Chemicals ($-4.17M or -65.1%).