2023
Exports
$2.19BWorld Rnk 14 / 226
Flag Rnk 2 / 21
2023
PRODUCT COMPLEXITY IN Footwear and Headwear
0.31Rnk 455 / 1025
2023
Imports
$440MWorld Rnk 56 / 226
Flag Rnk 16 / 21
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $2.19B in Footwear and Headwear, making it the 14th largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 2nd most exported product in Bangladesh. The main destination of Footwear and Headwear exports from Bangladesh are: United States ($764M), Germany ($234M), France ($125M), Poland ($120M), and China ($103M).

The fastest growing export markets for Footwear and Headwear of Bangladesh between 2022 and 2023 were India ($22.8M), Ukraine ($6.7M), and Israel ($6.67M).

Imports In 2023, Bangladesh imported $440M in Footwear and Headwear, becoming the 56th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 16th most imported product in Bangladesh. Bangladesh imports Footwear and Headwear primarily from: China ($409M), India ($18.6M), United States ($2.3M), Italy ($2.02M), and Hong Kong ($1.4M).

The fastest growing import markets in Footwear and Headwear for Bangladesh between 2022 and 2023 were United States ($2.12M), Germany ($1.24M), and France ($124k).

COMPANIES In 2024, leading companies such as Bass Pro Shops (31), H&M Clothing (7), and Halyard Health (1) were at the forefront of shipping Footwear and Headwear from Bangladesh to the United States.

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 Footwear and Headwear. 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)$2.19B
IMPORTS (2023)$440M
NET TRADE (2023)$1.75B

In 2023, Bangladesh exported $2.19B in Footwear and Headwear. The main destinations of Bangladesh exports on Footwear and Headwear were United States ($764M), Germany ($234M), France ($125M), Poland ($120M), and China ($103M).

In 2023, Bangladesh imported $440M in Footwear and Headwear, mainly from China ($409M), India ($18.6M), United States ($2.3M), Italy ($2.02M), and Hong Kong ($1.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
India$22.8M (43.3%)
Ukraine$6.7M (53.9%)
Israel$6.67M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Bangladesh WERE (2022 - 2023):
United States-$340M (-30.8%)
Germany-$52.2M (-18.2%)
South Korea-$29.7M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Footwear and Headwear were:
China $66.5B
Vietnam $29.5B
Italy $15.2B
In 2023, Bangladesh's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $183M
TOP IMPORT POTENTIALChina+ $29.8M

Footwear and Headwear’s highest export potential is United States. With an export gap of $183M.   Footwear and Headwear’s highest import potential is China with an import gap of $29.8M.

See methodology.

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