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Exports In 2022, Bangladesh exported $3.12M in Flax Yarn, making it the 15th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 181st most exported product in Bangladesh. The main destination of Flax Yarn exports from Bangladesh are: India ($2.02M), Lithuania ($450k), Belgium ($284k), South Korea ($250k), and Japan ($98k).

The fastest growing export markets for Flax Yarn of Bangladesh between 2021 and 2022 were South Korea ($36.5k), Japan ($31k), and Vietnam ($19.5k).

Imports In 2022, Bangladesh imported $17.9M in Flax Yarn, becoming the 7th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 395th most imported product in Bangladesh. Bangladesh imports Flax Yarn primarily from: China ($17.4M), India ($509k), and Hong Kong ($44.2k).

The fastest growing import markets in Flax Yarn for Bangladesh between 2021 and 2022 were China ($1.74M).

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 Flax Yarn. 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)$3.12M
IMPORTS (2022)$17.9M
NET TRADE (2022)-$14.8M

In 2022, Bangladesh exported $3.12M in Flax Yarn. The main destinations of Bangladesh exports on Flax Yarn were India ($2.02M), Lithuania ($450k), Belgium ($284k), South Korea ($250k), and Japan ($98k).

In 2022, Bangladesh imported $17.9M in Flax Yarn, mainly from China ($17.4M), India ($509k), and Hong Kong ($44.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
South Korea$36.5k (17.1%)
Japan$31k (46.2%)
Vietnam$19.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Bangladesh WERE (2021 - 2022):
India-$1.88M (-48.2%)
Belgium-$109k (-27.8%)
Lithuania-$79.2k (-15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Bangladesh's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $811k
TOP IMPORT POTENTIALIndia+ $502k

Flax Yarn’s highest export potential is India. With an export gap of $811k.   Flax Yarn’s highest import potential is India with an import gap of $502k.

See methodology.

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