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2023
Exports $48.9kWorld Rnk 45 / 108
Flag Rnk 525 / 945
2023
Destination $6.19k United States
2022 - 2023
FASTEST GROWING MARKET $6.19kUnited States
2023
PRODUCT COMPLEXITY IN Ground Nut Oil-2.11Rnk 1006 / 1025
2023
Imports $71kWorld Rnk 62 / 183
Flag Rnk 1039 / 1162
2023
Origin $7.27k India
2022 - 2023
FASTEST GROWING ORIGIN $7.27kIndia
2023
ECONOMIC COMPLEXITY of Bangladesh-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $48.9k in Ground Nut Oil, making it the 45th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 525th most exported product in Bangladesh. The main destination of Ground Nut Oil exports from Bangladesh are: United States ($48.9k).

The fastest growing export markets for Ground Nut Oil of Bangladesh between 2022 and 2023 were United States ($6.19k).

Imports In 2023, Bangladesh imported $71k in Ground Nut Oil, becoming the 62nd largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1039th most imported product in Bangladesh. Bangladesh imports Ground Nut Oil primarily from: India ($43.9k), France ($10.3k), Spain ($8.01k), Germany ($6.65k), and Malaysia ($1.88k).

The fastest growing import markets in Ground Nut Oil for Bangladesh between 2022 and 2023 were India ($7.27k), Malaysia ($1.88k), and Spain ($1.72k).

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 Ground Nut Oil. 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)$48.9k
IMPORTS (2023)$71k
NET TRADE (2023)-$22.1k

In 2023, Bangladesh exported $48.9k in Ground Nut Oil. The main destinations of Bangladesh exports on Ground Nut Oil were United States ($48.9k).

In 2023, Bangladesh imported $71k in Ground Nut Oil, mainly from India ($43.9k), France ($10.3k), Spain ($8.01k), Germany ($6.65k), and Malaysia ($1.88k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):United States$6.19k (14.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Ground Nut Oil were:
India $229M
Brazil $192M
Argentina $103M
In 2023, Bangladesh's main importing competitors in Ground Nut Oil were:
China $446M
Italy $62.7M
United States $39.6M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.2k
TOP IMPORT POTENTIALIndia+ $85.9k

Ground Nut Oil’s highest export potential is United States. With an export gap of $22.2k.   Ground Nut Oil’s highest import potential is India with an import gap of $85.9k.

See methodology.

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