2022
Exports
$12.3MWorld Rnk 160 / 216
Flag Rnk 50 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$13.6BWorld Rnk 46 / 225
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $12.3M in Mineral fuels, mineral oils and products of their distillation, making it the 160th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 50th most exported product in Bangladesh. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Bangladesh are: India ($10.6M), Malaysia ($1.06M), Vietnam ($283k), Nepal ($258k), and Singapore ($37k).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Bangladesh between 2021 and 2022 were India ($9.83M), Vietnam ($283k), and Burma ($9.29k).

Imports In 2022, Bangladesh imported $13.6B in Mineral fuels, mineral oils and products of their distillation, becoming the 46th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Bangladesh. Bangladesh imports Mineral fuels, mineral oils and products of their distillation primarily from: Malaysia ($2.92B), Singapore ($2.49B), China ($2.26B), India ($1.96B), and Indonesia ($1.32B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Bangladesh between 2021 and 2022 were Malaysia ($1.62B), China ($975M), and South Korea ($909M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Bangladesh to the United States.

Latest Trends

Jul 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 Mineral fuels, mineral oils and products of their distillation. 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)$12.3M
IMPORTS (2022)$13.6B
NET TRADE (2022)-$13.6B

In 2022, Bangladesh exported $12.3M in Mineral fuels, mineral oils and products of their distillation. The main destinations of Bangladesh exports on Mineral fuels, mineral oils and products of their distillation were India ($10.6M), Malaysia ($1.06M), Vietnam ($283k), Nepal ($258k), and Singapore ($37k).

In 2022, Bangladesh imported $13.6B in Mineral fuels, mineral oils and products of their distillation, mainly from Malaysia ($2.92B), Singapore ($2.49B), China ($2.26B), India ($1.96B), and Indonesia ($1.32B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$9.83M (1.32k%)
Vietnam$283k (1%)
Burma$9.29k (96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Bangladesh WERE (2021 - 2022):
Malaysia-$34.6M (-97%)
Singapore-$13.7M (-99.7%)
China-$10.2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Bangladesh's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Bangladesh's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $18.3M
TOP IMPORT POTENTIALIndia+ $1.37B

Mineral fuels, mineral oils and products of their distillation’s highest export potential is India. With an export gap of $18.3M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is India with an import gap of $1.37B.

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