2022
Exports
$301MWorld Rnk 103 / 226
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Chemical Products
2.43Rnk 1 / 1025
2022
Imports
$7.9BWorld Rnk 49 / 226
Flag Rnk 4 / 21
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $301M in Chemical Products, making it the 103rd largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 6th most exported product in Bangladesh. The main destination of Chemical Products exports from Bangladesh are: India ($52.1M), Burma ($28.4M), Vietnam ($28M), Sri Lanka ($27.8M), and China ($19.9M).

The fastest growing export markets for Chemical Products of Bangladesh between 2021 and 2022 were Madagascar ($10.4M), Vietnam ($9.37M), and Morocco ($6.36M).

Imports In 2022, Bangladesh imported $7.9B in Chemical Products, becoming the 49th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Bangladesh. Bangladesh imports Chemical Products primarily from: China ($2.15B), India ($1.14B), Morocco ($857M), United States ($687M), and Canada ($505M).

The fastest growing import markets in Chemical Products for Bangladesh between 2021 and 2022 were Canada ($451M), United States ($378M), and Morocco ($274M).

COMPANIES In 2023, leading companies such as Conair (36), David Peyser Sportswear (12), and PVH (Phillips-Van Heusen Corporation) (3) were at the forefront of shipping Chemical Products from Bangladesh to the United States.

Latest Trends

Nov 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 Chemical Products. 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)$301M
IMPORTS (2022)$7.9B
NET TRADE (2022)-$7.6B

In 2022, Bangladesh exported $301M in Chemical Products. The main destinations of Bangladesh exports on Chemical Products were India ($52.1M), Burma ($28.4M), Vietnam ($28M), Sri Lanka ($27.8M), and China ($19.9M).

In 2022, Bangladesh imported $7.9B in Chemical Products, mainly from China ($2.15B), India ($1.14B), Morocco ($857M), United States ($687M), and Canada ($505M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Madagascar$10.4M (112k%)
Vietnam$9.37M (50.4%)
Morocco$6.36M (14.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Bangladesh WERE (2021 - 2022):
Nepal-$26M (-79.3%)
India-$23.8M (-31.3%)
Malaysia-$12.7M (-59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Chemical Products were:
In 2022, Bangladesh's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $33.8M
TOP IMPORT POTENTIALIndia+ $583M

Chemical Products’s highest export potential is India. With an export gap of $33.8M.   Chemical Products’s highest import potential is India with an import gap of $583M.

See methodology.

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