2023
Exports
$230kWorld Rnk 171 / 210
Flag Rnk 381 / 945
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$380MWorld Rnk 106 / 225
Flag Rnk 32 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $230k in Cars, making it the 171st largest exporter of Cars in the world. At the same year, Cars was the 381st most exported product in Bangladesh. The main destination of Cars exports from Bangladesh are: Austria ($80.8k), Australia ($74.8k), Luxembourg ($59.2k), Tunisia ($8.8k), and United Kingdom ($5.66k).

The fastest growing export markets for Cars of Bangladesh between 2022 and 2023 were Australia ($74.8k), Luxembourg ($59.2k), and Tunisia ($8.8k).

Imports In 2023, Bangladesh imported $380M in Cars, becoming the 106th largest importer of Cars in the world. At the same year, Cars was the 32nd most imported product in Bangladesh. Bangladesh imports Cars primarily from: Japan ($286M), China ($49.9M), United Kingdom ($16.2M), Indonesia ($4.29M), and Thailand ($3.38M).

The fastest growing import markets in Cars for Bangladesh between 2022 and 2023 were Canada ($1.6M), Singapore ($1.43M), and United Arab Emirates ($859k).

COMPANIES In 2024, leading companies such as Kontoor Brands (1) were at the forefront of shipping Cars from Bangladesh to the United States.

Latest Trends

Dec 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 Cars. 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 (2023)$230k
IMPORTS (2023)$380M
NET TRADE (2023)-$380M

In 2023, Bangladesh exported $230k in Cars. The main destinations of Bangladesh exports on Cars were Austria ($80.8k), Australia ($74.8k), Luxembourg ($59.2k), Tunisia ($8.8k), and United Kingdom ($5.66k).

In 2023, Bangladesh imported $380M in Cars, mainly from Japan ($286M), China ($49.9M), United Kingdom ($16.2M), Indonesia ($4.29M), and Thailand ($3.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Australia$74.8k (1%)
Luxembourg$59.2k (1%)
Tunisia$8.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Bangladesh WERE (2022 - 2023):
Austria-$419k (-83.8%)
Guatemala-$61.3k (-100%)
United Kingdom-$34.8k (-86%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Bangladesh's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $116k
TOP IMPORT POTENTIALJapan+ $73.4M

Cars’s highest export potential is United Kingdom. With an export gap of $116k.   Cars’s highest import potential is Japan with an import gap of $73.4M.

See methodology.

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