2020
Exports
$34.5kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2020
Imports
$8.2kWorld Rnk 104 / 125
Flag Rnk 1123 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Imports In 2023, Bangladesh imported $8.2k in Iron Ore, becoming the 104th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1123rd most imported product in Bangladesh. Bangladesh imports Iron Ore primarily from: Spain ($8.2k).

The fastest growing import markets in Iron Ore for Bangladesh between 2022 and 2023 were Spain ($8.2k).

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 Iron Ore. 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 (2020)$34.5k
IMPORTS (2023)$8.2k
NET TRADE (2023)-$8.2k

In 2023, Bangladesh imported $8.2k in Iron Ore, mainly from Spain ($8.2k).

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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 Ore were:
In 2023, Bangladesh's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.3k
TOP IMPORT POTENTIALIndia+ $14.5k

Iron Ore’s highest export potential is China. With an export gap of $1.3k.   Iron Ore’s highest import potential is India with an import gap of $14.5k.

See methodology.

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