2022
Exports
$2.38kWorld Rnk 127 / 158
Flag Rnk 771 / 931
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$32.9MWorld Rnk 39 / 213
Flag Rnk 290 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $2.38k in Industrial Furnaces, making it the 127th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 771st most exported product in Bangladesh. The main destination of Industrial Furnaces exports from Bangladesh are: South Korea ($2.38k).

The fastest growing export markets for Industrial Furnaces of Bangladesh between N/A and 2022 were South Korea ($2.38k).

Imports In 2022, Bangladesh imported $32.9M in Industrial Furnaces, becoming the 39th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 290th most imported product in Bangladesh. Bangladesh imports Industrial Furnaces primarily from: China ($26.1M), India ($2.84M), Germany ($1.12M), Denmark ($905k), and Turkey ($592k).

The fastest growing import markets in Industrial Furnaces for Bangladesh between 2021 and 2022 were China ($12.3M), Denmark ($905k), and Turkey ($588k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.38k
IMPORTS (2022)$32.9M
NET TRADE (2022)-$32.9M

In 2022, Bangladesh exported $2.38k in Industrial Furnaces. The main destinations of Bangladesh exports on Industrial Furnaces were South Korea ($2.38k).

In 2022, Bangladesh imported $32.9M in Industrial Furnaces, mainly from China ($26.1M), India ($2.84M), Germany ($1.12M), Denmark ($905k), and Turkey ($592k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Bangladesh WERE (N/A - 2022):South Korea$2.38k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bangladesh's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Bangladesh's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $2.72k
TOP IMPORT POTENTIALChina+ $3.05M

Industrial Furnaces’s highest export potential is South Korea. With an export gap of $2.72k.   Industrial Furnaces’s highest import potential is China with an import gap of $3.05M.

See methodology.

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