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Exports In 2022, Bangladesh exported $1.69M in Oils petroleum, bituminous, distillates, except crude, making it the 161st largest exporter of Oils petroleum, bituminous, distillates, except crude in the world. At the same year, Oils petroleum, bituminous, distillates, except crude was the 452nd most exported product in Bangladesh. The main destination of Oils petroleum, bituminous, distillates, except crude exports from Bangladesh are: Malaysia ($1.05M), Vietnam ($283k), Nepal ($258k), Singapore ($37k), and Indonesia ($20.4k).

The fastest growing export markets for Oils petroleum, bituminous, distillates, except crude of Bangladesh between 2021 and 2022 were Vietnam ($283k), Burma ($9.29k), and Niger ($1.13k).

Imports In 2022, Bangladesh imported $11.3B in Oils petroleum, bituminous, distillates, except crude, becoming the 27th largest importer of Oils petroleum, bituminous, distillates, except crude in the world. At the same year, Oils petroleum, bituminous, distillates, except crude was the 1st most imported product in Bangladesh. Bangladesh imports Oils petroleum, bituminous, distillates, except crude primarily from: Malaysia ($2.67B), Singapore ($2.45B), China ($2.23B), India ($1.37B), and South Korea ($1.07B).

The fastest growing import markets in Oils petroleum, bituminous, distillates, except crude for Bangladesh between 2021 and 2022 were Malaysia ($1.38B), China ($961M), and South Korea ($908M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1.29k), H&M Clothing (696), and Kontoor Brands (332) were at the forefront of shipping Oils petroleum, bituminous, distillates, except crude from Bangladesh to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Oils petroleum, bituminous, distillates, except crude. 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)$1.69M
IMPORTS (2022)$11.3B
NET TRADE (2022)-$11.3B

In 2022, Bangladesh exported $1.69M in Oils petroleum, bituminous, distillates, except crude. The main destinations of Bangladesh exports on Oils petroleum, bituminous, distillates, except crude were Malaysia ($1.05M), Vietnam ($283k), Nepal ($258k), Singapore ($37k), and Indonesia ($20.4k).

In 2022, Bangladesh imported $11.3B in Oils petroleum, bituminous, distillates, except crude, mainly from Malaysia ($2.67B), Singapore ($2.45B), China ($2.23B), India ($1.37B), and South Korea ($1.07B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oils petroleum, bituminous, distillates, except crude EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Vietnam$283k (1%)
Burma$9.29k (96%)
Niger$1.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oils petroleum, bituminous, distillates, except crude 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 Oils petroleum, bituminous, distillates, except crude were:
In 2022, Bangladesh's main importing competitors in Oils petroleum, bituminous, distillates, except crude were:

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Trade Value of Oils petroleum, bituminous, distillates, except crude by Exporters

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