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2015
Exports $124kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.47Rnk 689 / 1025
2015
Imports $2.69MWorld Rnk 64 / 168
Flag Rnk 702 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh-1.03Rnk 113 / 132

About

Imports In 2023, Bangladesh imported $2.69M in Magnesium Carbonate, becoming the 64th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 702nd most imported product in Bangladesh. Bangladesh imports Magnesium Carbonate primarily from: China ($1.25M), Japan ($441k), India ($294k), Singapore ($283k), and Germany ($254k).

The fastest growing import markets in Magnesium Carbonate for Bangladesh between 2022 and 2023 were Singapore ($214k) and Italy ($20.8k).

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 Magnesium Carbonate. 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 (2015)$124k
IMPORTS (2023)$2.69M
NET TRADE (2023)-$2.69M

In 2023, Bangladesh imported $2.69M in Magnesium Carbonate, mainly from China ($1.25M), Japan ($441k), India ($294k), Singapore ($283k), and Germany ($254k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Magnesium Carbonate were:
China $1.05B
Brazil $122M
Turkey $114M
In 2023, Bangladesh's main importing competitors in Magnesium Carbonate were:
United States $235M
Germany $192M
India $171M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $628
TOP IMPORT POTENTIALChina+ $1.08M

Magnesium Carbonate’s highest export potential is India. With an export gap of $628.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.08M.

See methodology.

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