2023
Exports
$642MWorld Rnk 4 / 219
Flag Rnk 6 / 96
2023
PRODUCT COMPLEXITY IN Headgear
0.31Rnk 455 / 1025
2023
Imports
$19.5MWorld Rnk 62 / 226
Flag Rnk 78 / 96
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $642M in Headgear, making it the 4th largest exporter of Headgear in the world. At the same year, Headgear was the 6th most exported product in Bangladesh. The main destination of Headgear exports from Bangladesh are: United States ($410M), Germany ($47M), Canada ($36.2M), Netherlands ($15.8M), and United Kingdom ($11.5M).

The fastest growing export markets for Headgear of Bangladesh between 2022 and 2023 were United Arab Emirates ($2.01M), Saudi Arabia ($1.49M), and China ($1.47M).

Imports In 2023, Bangladesh imported $19.5M in Headgear, becoming the 62nd largest importer of Headgear in the world. At the same year, Headgear was the 78th most imported product in Bangladesh. Bangladesh imports Headgear primarily from: China ($12.4M), India ($5.65M), United States ($569k), Germany ($479k), and France ($124k).

The fastest growing import markets in Headgear for Bangladesh between 2022 and 2023 were United States ($556k), Germany ($479k), and India ($136k).

COMPANIES In 2024, leading companies such as Bass Pro Shops (18), H&M Clothing (4), and Halyard Health (1) were at the forefront of shipping Headgear 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 Headgear. 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)$642M
IMPORTS (2023)$19.5M
NET TRADE (2023)$622M

In 2023, Bangladesh exported $642M in Headgear. The main destinations of Bangladesh exports on Headgear were United States ($410M), Germany ($47M), Canada ($36.2M), Netherlands ($15.8M), and United Kingdom ($11.5M).

In 2023, Bangladesh imported $19.5M in Headgear, mainly from China ($12.4M), India ($5.65M), United States ($569k), Germany ($479k), and France ($124k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
United Arab Emirates$2.01M (44.5%)
Saudi Arabia$1.49M (110%)
China$1.47M (40.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Bangladesh WERE (2022 - 2023):
United States-$91M (-18.2%)
Austria-$5.01M (-44.6%)
South Korea-$4.36M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Headgear were:
China $6.47B
Italy $715M
In 2023, Bangladesh's main importing competitors in Headgear were:

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.9M
TOP IMPORT POTENTIALChina+ $5.8M

Headgear’s highest export potential is Germany. With an export gap of $18.9M.   Headgear’s highest import potential is China with an import gap of $5.8M.

See methodology.

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