2023
Exports
$36.3kWorld Rnk 123 / 164
Flag Rnk 548 / 945
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$43kWorld Rnk 117 / 184
Flag Rnk 1065 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $36.3k in Precious Stones, making it the 123rd largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 548th most exported product in Bangladesh. The main destination of Precious Stones exports from Bangladesh are: China ($25.8k), Germany ($10.3k), Austria ($185), and Singapore ($83).

The fastest growing export markets for Precious Stones of Bangladesh between 2022 and 2023 were China ($21.9k), Germany ($10.3k), and Austria ($185).

Imports In 2023, Bangladesh imported $43k in Precious Stones, becoming the 117th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 1065th most imported product in Bangladesh. Bangladesh imports Precious Stones primarily from: United Kingdom ($24.3k), Thailand ($17.6k), India ($593), and Pakistan ($570).

The fastest growing import markets in Precious Stones for Bangladesh between 2022 and 2023 were United Kingdom ($24.3k), Thailand ($1.23k), and India ($593).

Latest Trends

Dec 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 Precious Stones. 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)$36.3k
IMPORTS (2023)$43k
NET TRADE (2023)-$6.67k

In 2023, Bangladesh exported $36.3k in Precious Stones. The main destinations of Bangladesh exports on Precious Stones were China ($25.8k), Germany ($10.3k), Austria ($185), and Singapore ($83).

In 2023, Bangladesh imported $43k in Precious Stones, mainly from United Kingdom ($24.3k), Thailand ($17.6k), India ($593), and Pakistan ($570).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
China$21.9k (563%)
Germany$10.3k (1%)
Austria$185 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Bangladesh WERE (2022 - 2023):
India-$21.1k (-100%)
Thailand-$176 (-100%)
France-$119 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Precious Stones were:
In 2023, Bangladesh's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $63.6k
TOP IMPORT POTENTIALThailand+ $28.6k

Precious Stones’s highest export potential is India. With an export gap of $63.6k.   Precious Stones’s highest import potential is Thailand with an import gap of $28.6k.

See methodology.

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