2022
Exports
$1.81MWorld Rnk 83 / 223
Flag Rnk 225 / 931
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$121MWorld Rnk 54 / 224
Flag Rnk 137 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $1.81M in Engine Parts, making it the 83rd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 225th most exported product in Bangladesh. The main destination of Engine Parts exports from Bangladesh are: United Arab Emirates ($838k), Greece ($333k), South Korea ($193k), Germany ($69k), and Italy ($63.3k).

The fastest growing export markets for Engine Parts of Bangladesh between 2021 and 2022 were United Arab Emirates ($223k), Greece ($146k), and New Zealand ($46.9k).

Imports In 2022, Bangladesh imported $121M in Engine Parts, becoming the 54th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 137th most imported product in Bangladesh. Bangladesh imports Engine Parts primarily from: China ($41.4M), India ($29.3M), Netherlands ($17.3M), Singapore ($9.12M), and Germany ($7.31M).

The fastest growing import markets in Engine Parts for Bangladesh between 2021 and 2022 were Germany ($2.68M), United States ($1.92M), and Netherlands ($1.14M).

Latest Trends

Oct 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 Engine Parts. 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)$1.81M
IMPORTS (2022)$121M
NET TRADE (2022)-$119M

In 2022, Bangladesh exported $1.81M in Engine Parts. The main destinations of Bangladesh exports on Engine Parts were United Arab Emirates ($838k), Greece ($333k), South Korea ($193k), Germany ($69k), and Italy ($63.3k).

In 2022, Bangladesh imported $121M in Engine Parts, mainly from China ($41.4M), India ($29.3M), Netherlands ($17.3M), Singapore ($9.12M), and Germany ($7.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Greece$146k (78.5%)
New Zealand$46.9k (28.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Bangladesh WERE (2021 - 2022):
United States-$266k (-97.1%)
Netherlands-$112k (-69.8%)
South Korea-$95.2k (-33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Bangladesh's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $305k
TOP IMPORT POTENTIALIndia+ $22.2M

Engine Parts’s highest export potential is United Arab Emirates. With an export gap of $305k.   Engine Parts’s highest import potential is India with an import gap of $22.2M.

See methodology.

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