2020
Exports
$28.7kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2020
Imports
$3.41kWorld Rnk 116 / 130
Flag Rnk 1140 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Imports In 2022, Bangladesh imported $3.41k in Iron Ore, becoming the 116th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1140th most imported product in Bangladesh. Bangladesh imports Iron Ore primarily from: India ($3.38k) and Sri Lanka ($33).

The fastest growing import markets in Iron Ore for Bangladesh between 2021 and 2022 were Sri Lanka ($33).

Latest Trends

Oct 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)$28.7k
IMPORTS (2022)$3.41k
NET TRADE (2022)-$3.41k

In 2022, Bangladesh imported $3.41k in Iron Ore, mainly from India ($3.38k) and Sri Lanka ($33).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, 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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