2022
Exports
$167kWorld Rnk 105 / 200
Flag Rnk 433 / 931
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$10.6MWorld Rnk 78 / 220
Flag Rnk 493 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $167k in Navigation Equipment, making it the 105th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 433rd most exported product in Bangladesh. The main destination of Navigation Equipment exports from Bangladesh are: South Korea ($119k), Lithuania ($15.7k), United Kingdom ($8.69k), Canada ($6.47k), and Italy ($6.42k).

The fastest growing export markets for Navigation Equipment of Bangladesh between 2021 and 2022 were Lithuania ($15.7k), Canada ($6.47k), and South Korea ($2.9k).

Imports In 2022, Bangladesh imported $10.6M in Navigation Equipment, becoming the 78th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 493rd most imported product in Bangladesh. Bangladesh imports Navigation Equipment primarily from: Italy ($5.35M), China ($2.54M), Hong Kong ($1.45M), Germany ($370k), and Canada ($145k).

The fastest growing import markets in Navigation Equipment for Bangladesh between 2021 and 2022 were China ($1.46M), Thailand ($112k), and Canada ($80.3k).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$167k
IMPORTS (2022)$10.6M
NET TRADE (2022)-$10.5M

In 2022, Bangladesh exported $167k in Navigation Equipment. The main destinations of Bangladesh exports on Navigation Equipment were South Korea ($119k), Lithuania ($15.7k), United Kingdom ($8.69k), Canada ($6.47k), and Italy ($6.42k).

In 2022, Bangladesh imported $10.6M in Navigation Equipment, mainly from Italy ($5.35M), China ($2.54M), Hong Kong ($1.45M), Germany ($370k), and Canada ($145k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Lithuania$15.7k (1%)
Canada$6.47k (1%)
South Korea$2.9k (2.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Bangladesh WERE (2021 - 2022):
Italy-$204k (-96.9%)
India-$33.2k (-99.6%)
United Arab Emirates-$24.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bangladesh's main exporting competitors in Navigation Equipment were:
In 2022, Bangladesh's main importing competitors in Navigation Equipment were:

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $97.2k
TOP IMPORT POTENTIALChina+ $2.74M

Navigation Equipment’s highest export potential is South Korea. With an export gap of $97.2k.   Navigation Equipment’s highest import potential is China with an import gap of $2.74M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with