2022
Exports
$6.81MWorld Rnk 33 / 105
Flag Rnk 136 / 931
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$11.6MWorld Rnk 37 / 176
Flag Rnk 474 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $6.81M in Iron Powder, making it the 33rd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 136th most exported product in Bangladesh. The main destination of Iron Powder exports from Bangladesh are: Malaysia ($6.78M), Tanzania ($28.3k), and Thailand ($6).

The fastest growing export markets for Iron Powder of Bangladesh between 2021 and 2022 were Malaysia ($1.13M), Tanzania ($28.3k), and Thailand ($6).

Imports In 2022, Bangladesh imported $11.6M in Iron Powder, becoming the 37th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 474th most imported product in Bangladesh. Bangladesh imports Iron Powder primarily from: India ($11M), China ($535k), Chinese Taipei ($27.4k), Turkey ($23.4k), and Malaysia ($7.87k).

The fastest growing import markets in Iron Powder for Bangladesh between 2021 and 2022 were Turkey ($23.4k), Chinese Taipei ($19k), and Malaysia ($7.87k).

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 Powder. 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 (2022)$6.81M
IMPORTS (2022)$11.6M
NET TRADE (2022)-$4.77M

In 2022, Bangladesh exported $6.81M in Iron Powder. The main destinations of Bangladesh exports on Iron Powder were Malaysia ($6.78M), Tanzania ($28.3k), and Thailand ($6).

In 2022, Bangladesh imported $11.6M in Iron Powder, mainly from India ($11M), China ($535k), Chinese Taipei ($27.4k), Turkey ($23.4k), and Malaysia ($7.87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Malaysia$1.13M (20.1%)
Tanzania$28.3k (1%)
Thailand$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Bangladesh WERE (2021 - 2022):South Korea-$7.42k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Iron Powder were:
In 2022, Bangladesh's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTanzania+ $6.9k
TOP IMPORT POTENTIALIndia+ $665k

Iron Powder’s highest export potential is Tanzania. With an export gap of $6.9k.   Iron Powder’s highest import potential is India with an import gap of $665k.

See methodology.

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