2023
Exports
$215kWorld Rnk 102 / 199
Flag Rnk 387 / 945
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$11.9MWorld Rnk 79 / 223
Flag Rnk 436 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $215k in Navigation Equipment, making it the 102nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 387th most exported product in Bangladesh. The main destination of Navigation Equipment exports from Bangladesh are: Italy ($166k), Norway ($42.6k), United States ($3.05k), United Kingdom ($1.26k), and Switzerland ($1.02k).

The fastest growing export markets for Navigation Equipment of Bangladesh between 2022 and 2023 were Italy ($159k), Norway ($42.6k), and United States ($3.05k).

Imports In 2023, Bangladesh imported $11.9M in Navigation Equipment, becoming the 79th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 436th most imported product in Bangladesh. Bangladesh imports Navigation Equipment primarily from: France ($3.88M), Italy ($2.66M), Japan ($1.77M), China ($1.66M), and Singapore ($1.14M).

The fastest growing import markets in Navigation Equipment for Bangladesh between 2022 and 2023 were France ($3.87M), Japan ($1.67M), and Singapore ($1.01M).

Latest Trends

Jan 2025

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 Navigation Equipment. 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 (2023)$215k
IMPORTS (2023)$11.9M
NET TRADE (2023)-$11.7M

In 2023, Bangladesh exported $215k in Navigation Equipment. The main destinations of Bangladesh exports on Navigation Equipment were Italy ($166k), Norway ($42.6k), United States ($3.05k), United Kingdom ($1.26k), and Switzerland ($1.02k).

In 2023, Bangladesh imported $11.9M in Navigation Equipment, mainly from France ($3.88M), Italy ($2.66M), Japan ($1.77M), China ($1.66M), and Singapore ($1.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Italy$159k (2.48k%)
Norway$42.6k (1%)
United States$3.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Bangladesh WERE (2022 - 2023):
South Korea-$119k (-100%)
Lithuania-$15.7k (-100%)
United Kingdom-$7.44k (-85.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Navigation Equipment were:
In 2023, Bangladesh's main importing competitors in Navigation Equipment were:

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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.

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