2022
Exports
$40.6kWorld Rnk 102 / 187
Flag Rnk 564 / 931
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$2.32MWorld Rnk 82 / 220
Flag Rnk 750 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $40.6k in Opto-Electric Instrument Parts, making it the 102nd largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 564th most exported product in Bangladesh. The main destination of Opto-Electric Instrument Parts exports from Bangladesh are: Japan ($22k), Singapore ($11.7k), Ireland ($3.69k), Germany ($1.86k), and Turkey ($851).

The fastest growing export markets for Opto-Electric Instrument Parts of Bangladesh between 2021 and 2022 were Japan ($22k), Ireland ($3.69k), and Germany ($1.86k).

Imports In 2022, Bangladesh imported $2.32M in Opto-Electric Instrument Parts, becoming the 82nd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 750th most imported product in Bangladesh. Bangladesh imports Opto-Electric Instrument Parts primarily from: India ($827k), Singapore ($431k), Hong Kong ($299k), China ($201k), and Germany ($128k).

The fastest growing import markets in Opto-Electric Instrument Parts for Bangladesh between 2021 and 2022 were Poland ($68.5k), United States ($67.1k), and Canada ($42.6k).

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 Opto-Electric Instrument Parts. 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)$40.6k
IMPORTS (2022)$2.32M
NET TRADE (2022)-$2.28M

In 2022, Bangladesh exported $40.6k in Opto-Electric Instrument Parts. The main destinations of Bangladesh exports on Opto-Electric Instrument Parts were Japan ($22k), Singapore ($11.7k), Ireland ($3.69k), Germany ($1.86k), and Turkey ($851).

In 2022, Bangladesh imported $2.32M in Opto-Electric Instrument Parts, mainly from India ($827k), Singapore ($431k), Hong Kong ($299k), China ($201k), and Germany ($128k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Japan$22k (1%)
Ireland$3.69k (1%)
Germany$1.86k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Bangladesh WERE (2021 - 2022):
United Kingdom-$28k (-100%)
Singapore-$10.5k (-47.3%)
Turkey-$405 (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, Bangladesh's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $18.6k
TOP IMPORT POTENTIALIndia+ $637k

Opto-Electric Instrument Parts’s highest export potential is Japan. With an export gap of $18.6k.   Opto-Electric Instrument Parts’s highest import potential is India with an import gap of $637k.

See methodology.

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