2022
Exports
$338MWorld Rnk 16 / 169
Flag Rnk 29 / 931
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$3.25MWorld Rnk 94 / 217
Flag Rnk 704 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $338M in Crustaceans, making it the 16th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 29th most exported product in Bangladesh. The main destination of Crustaceans exports from Bangladesh are: Germany ($74.9M), Netherlands ($63.6M), United Kingdom ($46.8M), Belgium ($45.6M), and United States ($29.1M).

The fastest growing export markets for Crustaceans of Bangladesh between 2021 and 2022 were Germany ($19.3M), Belgium ($8.83M), and Netherlands ($4.24M).

Imports In 2022, Bangladesh imported $3.25M in Crustaceans, becoming the 94th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 704th most imported product in Bangladesh. Bangladesh imports Crustaceans primarily from: United States ($2.77M), Belgium ($259k), United Kingdom ($137k), Netherlands ($74.3k), and Thailand ($4.77k).

The fastest growing import markets in Crustaceans for Bangladesh between 2021 and 2022 were United States ($1.51M), Belgium ($185k), and United Kingdom ($137k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (2) and Lawrence Wholesale (1) were at the forefront of shipping Crustaceans 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 Crustaceans. 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)$338M
IMPORTS (2022)$3.25M
NET TRADE (2022)$335M

In 2022, Bangladesh exported $338M in Crustaceans. The main destinations of Bangladesh exports on Crustaceans were Germany ($74.9M), Netherlands ($63.6M), United Kingdom ($46.8M), Belgium ($45.6M), and United States ($29.1M).

In 2022, Bangladesh imported $3.25M in Crustaceans, mainly from United States ($2.77M), Belgium ($259k), United Kingdom ($137k), Netherlands ($74.3k), and Thailand ($4.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$19.3M (34.6%)
Belgium$8.83M (24%)
Netherlands$4.24M (7.15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Bangladesh WERE (2021 - 2022):
Russia-$15.9M (-100%)
United States-$11.1M (-27.6%)
Japan-$7.35M (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Bangladesh's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.1M
TOP IMPORT POTENTIALThailand+ $369k

Crustaceans’s highest export potential is United States. With an export gap of $36.1M.   Crustaceans’s highest import potential is Thailand with an import gap of $369k.

See methodology.

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