2022
Exports
$145kWorld Rnk 79 / 179
Flag Rnk 444 / 931
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$698kWorld Rnk 126 / 219
Flag Rnk 882 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $145k in Candles, making it the 79th largest exporter of Candles in the world. At the same year, Candles was the 444th most exported product in Bangladesh. The main destination of Candles exports from Bangladesh are: Germany ($50.1k), Sweden ($22k), Kuwait ($12.2k), Spain ($10.2k), and China ($9.03k).

The fastest growing export markets for Candles of Bangladesh between 2021 and 2022 were Germany ($37.7k), Kuwait ($12.2k), and Spain ($10.2k).

Imports In 2022, Bangladesh imported $698k in Candles, becoming the 126th largest importer of Candles in the world. At the same year, Candles was the 882nd most imported product in Bangladesh. Bangladesh imports Candles primarily from: China ($496k), United Kingdom ($149k), Singapore ($24.4k), Belgium ($20.6k), and Italy ($6.36k).

The fastest growing import markets in Candles for Bangladesh between 2021 and 2022 were United Kingdom ($148k), Singapore ($16.8k), and Belgium ($16.3k).

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 Candles. 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)$145k
IMPORTS (2022)$698k
NET TRADE (2022)-$553k

In 2022, Bangladesh exported $145k in Candles. The main destinations of Bangladesh exports on Candles were Germany ($50.1k), Sweden ($22k), Kuwait ($12.2k), Spain ($10.2k), and China ($9.03k).

In 2022, Bangladesh imported $698k in Candles, mainly from China ($496k), United Kingdom ($149k), Singapore ($24.4k), Belgium ($20.6k), and Italy ($6.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$37.7k (305%)
Kuwait$12.2k (1%)
Spain$10.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Bangladesh WERE (2021 - 2022):
Belgium-$25.7k (-99.7%)
Sweden-$12.8k (-36.8%)
United States-$11.3k (-72.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Candles were:
China $1.27B
In 2022, Bangladesh's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $67.6k
TOP IMPORT POTENTIALChina+ $448k

Candles’s highest export potential is Germany. With an export gap of $67.6k.   Candles’s highest import potential is China with an import gap of $448k.

See methodology.

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