Exports In 2023, Bangladesh exported $46.2M in Iron & steel, making it the 113th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 31st most exported product in Bangladesh. The main destination of Iron & steel exports from Bangladesh are: India ($38.9M), Malaysia ($5.72M), Japan ($846k), China ($481k), and Chinese Taipei ($233k).
The fastest growing export markets for Iron & steel of Bangladesh between 2022 and 2023 were China ($480k), Austria ($36k), and Kenya ($2.65k).
Imports In 2023, Bangladesh imported $3.38B in Iron & steel, becoming the 32nd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 5th most imported product in Bangladesh. Bangladesh imports Iron & steel primarily from: China ($710M), United States ($580M), Japan ($510M), India ($287M), and Australia ($262M).
The fastest growing import markets in Iron & steel for Bangladesh between 2022 and 2023 were Singapore ($84.6M), Australia ($74.4M), and Thailand ($31M).
COMPANIES In 2024, leading companies such as Kontoor Brands (2), PVH (Phillips-Van Heusen Corporation) (1), and Halyard Health (1) were at the forefront of shipping Iron & steel from Bangladesh to the United States.