2022
Exports
$98.5MWorld Rnk 49 / 199
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$8.9BWorld Rnk 1 / 220
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $98.5M in Cotton, making it the 49th largest exporter of Cotton in the world. At the same year, Cotton was the 20th most exported product in Bangladesh. The main destination of Cotton exports from Bangladesh are: India ($39.3M), China ($30.8M), Vietnam ($6.57M), Mauritius ($3.37M), and Sri Lanka ($3.3M).

The fastest growing export markets for Cotton of Bangladesh between 2021 and 2022 were Vietnam ($5.16M), Mauritius ($3.35M), and Egypt ($1.28M).

Imports In 2022, Bangladesh imported $8.9B in Cotton, becoming the 1st largest importer of Cotton in the world. At the same year, Cotton was the 2nd most imported product in Bangladesh. Bangladesh imports Cotton primarily from: India ($2.94B), China ($2.74B), Pakistan ($714M), Brazil ($503M), and United States ($478M).

The fastest growing import markets in Cotton for Bangladesh between 2021 and 2022 were China ($282M), United States ($167M), and Australia ($167M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (8) were at the forefront of shipping Cotton from Bangladesh to the United States.

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 Cotton. 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)$98.5M
IMPORTS (2022)$8.9B
NET TRADE (2022)-$8.8B

In 2022, Bangladesh exported $98.5M in Cotton. The main destinations of Bangladesh exports on Cotton were India ($39.3M), China ($30.8M), Vietnam ($6.57M), Mauritius ($3.37M), and Sri Lanka ($3.3M).

In 2022, Bangladesh imported $8.9B in Cotton, mainly from India ($2.94B), China ($2.74B), Pakistan ($714M), Brazil ($503M), and United States ($478M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Vietnam$5.16M (367%)
Mauritius$3.35M (14.7k%)
Egypt$1.28M (64.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Bangladesh WERE (2021 - 2022):
China-$3.72M (-10.8%)
Morocco-$3.48M (-85.4%)
Cambodia-$1.37M (-61.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Cotton were:
In 2022, Bangladesh's main importing competitors in Cotton were:
China $8.29B
Vietnam $5.41B

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.6M
TOP IMPORT POTENTIALVietnam+ $55.7M

Cotton’s highest export potential is China. With an export gap of $14.6M.   Cotton’s highest import potential is Vietnam with an import gap of $55.7M.

See methodology.

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