2022
Exports
$31.5MWorld Rnk 54 / 209
Flag Rnk 73 / 931
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$131MWorld Rnk 60 / 225
Flag Rnk 127 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $31.5M in Electric Batteries, making it the 54th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 73rd most exported product in Bangladesh. The main destination of Electric Batteries exports from Bangladesh are: United Arab Emirates ($8.83M), Kuwait ($6.88M), Nepal ($3.24M), Oman ($3.1M), and India ($2.4M).

The fastest growing export markets for Electric Batteries of Bangladesh between 2021 and 2022 were Kuwait ($5.23M), Oman ($2.53M), and United Arab Emirates ($733k).

Imports In 2022, Bangladesh imported $131M in Electric Batteries, becoming the 60th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 127th most imported product in Bangladesh. Bangladesh imports Electric Batteries primarily from: China ($89.8M), Hong Kong ($25.1M), India ($8.32M), Indonesia ($2.14M), and Singapore ($1.02M).

The fastest growing import markets in Electric Batteries for Bangladesh between 2021 and 2022 were Indonesia ($1.35M), South Korea ($183k), and Spain ($45.8k).

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 Electric Batteries. 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)$31.5M
IMPORTS (2022)$131M
NET TRADE (2022)-$99M

In 2022, Bangladesh exported $31.5M in Electric Batteries. The main destinations of Bangladesh exports on Electric Batteries were United Arab Emirates ($8.83M), Kuwait ($6.88M), Nepal ($3.24M), Oman ($3.1M), and India ($2.4M).

In 2022, Bangladesh imported $131M in Electric Batteries, mainly from China ($89.8M), Hong Kong ($25.1M), India ($8.32M), Indonesia ($2.14M), and Singapore ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Kuwait$5.23M (317%)
Oman$2.53M (441%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Bangladesh WERE (2021 - 2022):
Saudi Arabia-$1.74M (-100%)
Australia-$945k (-42.2%)
Russia-$429k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Electric Batteries were:
In 2022, Bangladesh's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.65M
TOP IMPORT POTENTIALChina+ $57.3M

Electric Batteries’s highest export potential is India. With an export gap of $5.65M.   Electric Batteries’s highest import potential is China with an import gap of $57.3M.

See methodology.

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