2023
Exports
$39World Rnk 139 / 150
Flag Rnk 914 / 945
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$140MWorld Rnk 71 / 159
Flag Rnk 105 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $39 in Crude Petroleum, making it the 139th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 914th most exported product in Bangladesh. The main destination of Crude Petroleum exports from Bangladesh are: Belgium ($39).

The fastest growing export markets for Crude Petroleum of Bangladesh between N/A and 2023 were Belgium ($39).

Imports In 2023, Bangladesh imported $140M in Crude Petroleum, becoming the 71st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 105th most imported product in Bangladesh. Bangladesh imports Crude Petroleum primarily from: Malaysia ($108M) and Mozambique ($31.6M).

The fastest growing import markets in Crude Petroleum for Bangladesh between 2022 and 2023 were Malaysia ($50.7M) and Mozambique ($31.6M).

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 Crude Petroleum. 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)$39
IMPORTS (2023)$140M
NET TRADE (2023)-$140M

In 2023, Bangladesh exported $39 in Crude Petroleum. The main destinations of Bangladesh exports on Crude Petroleum were Belgium ($39).

In 2023, Bangladesh imported $140M in Crude Petroleum, mainly from Malaysia ($108M) and Mozambique ($31.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Bangladesh WERE (N/A - 2023):Belgium$39 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Crude Petroleum were:
In 2023, Bangladesh's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $1.68k
TOP IMPORT POTENTIALMalaysia+ $18M

Crude Petroleum’s highest export potential is India. With an export gap of $1.68k.   Crude Petroleum’s highest import potential is Malaysia with an import gap of $18M.

See methodology.

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