2013
Exports
$187World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2013
Imports
$172kWorld Rnk 79 / 175
Flag Rnk 984 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Imports In 2023, Bangladesh imported $172k in Iron Ingots, becoming the 79th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 984th most imported product in Bangladesh. Bangladesh imports Iron Ingots primarily from: Brazil ($128k), India ($40k), United States ($3.91k), Malaysia ($64), and United Arab Emirates ($48).

The fastest growing import markets in Iron Ingots for Bangladesh between 2022 and 2023 were Brazil ($128k), India ($3.99k), and United States ($3.91k).

Latest Trends

Jan 2025

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 Iron Ingots. 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 (2013)$187
IMPORTS (2023)$172k
NET TRADE (2023)-$172k

In 2023, Bangladesh imported $172k in Iron Ingots, mainly from Brazil ($128k), India ($40k), United States ($3.91k), Malaysia ($64), and United Arab Emirates ($48).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Bangladesh's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $433
TOP IMPORT POTENTIALIndia+ $61.9k

Iron Ingots’s highest export potential is India. With an export gap of $433.   Iron Ingots’s highest import potential is India with an import gap of $61.9k.

See methodology.

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