2022
Exports
$2.81MWorld Rnk 46 / 141
Flag Rnk 189 / 931
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$554MWorld Rnk 2 / 195
Flag Rnk 29 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $2.81M in Pile Fabric, making it the 46th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 189th most exported product in Bangladesh. The main destination of Pile Fabric exports from Bangladesh are: India ($1.53M), Italy ($766k), Sri Lanka ($221k), Kuwait ($116k), and Morocco ($54.1k).

The fastest growing export markets for Pile Fabric of Bangladesh between 2021 and 2022 were Italy ($766k), Kuwait ($116k), and Morocco ($54.1k).

Imports In 2022, Bangladesh imported $554M in Pile Fabric, becoming the 2nd largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 29th most imported product in Bangladesh. Bangladesh imports Pile Fabric primarily from: China ($518M), India ($16M), Malaysia ($6.66M), South Korea ($4.9M), and Chinese Taipei ($3.25M).

The fastest growing import markets in Pile Fabric for Bangladesh between 2021 and 2022 were China ($27.3M), South Korea ($1.55M), and United States ($1.2M).

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 Pile Fabric. 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)$2.81M
IMPORTS (2022)$554M
NET TRADE (2022)-$551M

In 2022, Bangladesh exported $2.81M in Pile Fabric. The main destinations of Bangladesh exports on Pile Fabric were India ($1.53M), Italy ($766k), Sri Lanka ($221k), Kuwait ($116k), and Morocco ($54.1k).

In 2022, Bangladesh imported $554M in Pile Fabric, mainly from China ($518M), India ($16M), Malaysia ($6.66M), South Korea ($4.9M), and Chinese Taipei ($3.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Italy$766k (1%)
Kuwait$116k (1%)
Morocco$54.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Bangladesh WERE (2021 - 2022):
Sri Lanka-$2.54M (-92%)
India-$340k (-18.2%)
Jordan-$31.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Pile Fabric were:
In 2022, Bangladesh's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $934k
TOP IMPORT POTENTIALIndia+ $7.21M

Pile Fabric’s highest export potential is India. With an export gap of $934k.   Pile Fabric’s highest import potential is India with an import gap of $7.21M.

See methodology.

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