2023
Exports
$1.38MWorld Rnk 105 / 170
Flag Rnk 219 / 945
falsefalse India
2023
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.34Rnk 913 / 1025
2023
Imports
$13.7MWorld Rnk 132 / 220
Flag Rnk 405 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $1.38M in Raw Iron Bars, making it the 105th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 219th most exported product in Bangladesh. The main destination of Raw Iron Bars exports from Bangladesh are: India ($1.38M).

Imports In 2023, Bangladesh imported $13.7M in Raw Iron Bars, becoming the 132nd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 405th most imported product in Bangladesh. Bangladesh imports Raw Iron Bars primarily from: India ($7.18M), China ($6.13M), Japan ($407k), Malaysia ($3.53k), and Singapore ($2.43k).

The fastest growing import markets in Raw Iron Bars for Bangladesh between 2022 and 2023 were China ($4.67M), India ($1.32M), and Thailand ($868).

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 Raw Iron Bars. 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)$1.38M
IMPORTS (2023)$13.7M
NET TRADE (2023)-$12.3M

In 2023, Bangladesh exported $1.38M in Raw Iron Bars. The main destinations of Bangladesh exports on Raw Iron Bars were India ($1.38M).

In 2023, Bangladesh imported $13.7M in Raw Iron Bars, mainly from India ($7.18M), China ($6.13M), Japan ($407k), Malaysia ($3.53k), and Singapore ($2.43k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Bangladesh WERE (2022 - 2023):India-$512k (-27.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Raw Iron Bars were:
Turkey $2.16B
China $1.97B
In 2023, Bangladesh's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $807k
TOP IMPORT POTENTIALIndia+ $2.1M

Raw Iron Bars’s highest export potential is India. With an export gap of $807k.   Raw Iron Bars’s highest import potential is India with an import gap of $2.1M.

See methodology.

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