2023
Exports
$2.92MWorld Rnk 35 / 156
Flag Rnk 170 / 945
2023
PRODUCT COMPLEXITY IN Spice Seeds
-1.19Rnk 875 / 1025
2023
Imports
$111MWorld Rnk 4 / 215
Flag Rnk 121 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $2.92M in Spice Seeds, making it the 35th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 170th most exported product in Bangladesh. The main destination of Spice Seeds exports from Bangladesh are: Singapore ($617k), Malaysia ($615k), Saudi Arabia ($382k), United States ($349k), and Kuwait ($196k).

The fastest growing export markets for Spice Seeds of Bangladesh between 2022 and 2023 were Singapore ($290k), South Africa ($110k), and United States ($107k).

Imports In 2023, Bangladesh imported $111M in Spice Seeds, becoming the 4th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 121st most imported product in Bangladesh. Bangladesh imports Spice Seeds primarily from: India ($76.6M), China ($11.3M), Egypt ($9.11M), United Arab Emirates ($5.41M), and Turkey ($4.14M).

The fastest growing import markets in Spice Seeds for Bangladesh between 2022 and 2023 were China ($11.3M), India ($6.61M), and United Arab Emirates ($4.66M).

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 Spice Seeds. 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)$2.92M
IMPORTS (2023)$111M
NET TRADE (2023)-$108M

In 2023, Bangladesh exported $2.92M in Spice Seeds. The main destinations of Bangladesh exports on Spice Seeds were Singapore ($617k), Malaysia ($615k), Saudi Arabia ($382k), United States ($349k), and Kuwait ($196k).

In 2023, Bangladesh imported $111M in Spice Seeds, mainly from India ($76.6M), China ($11.3M), Egypt ($9.11M), United Arab Emirates ($5.41M), and Turkey ($4.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Singapore$290k (88.7%)
South Africa$110k (826%)
United States$107k (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Bangladesh WERE (2022 - 2023):
Saudi Arabia-$239k (-38.5%)
Kuwait-$58.5k (-22.9%)
Greece-$31.5k (-69.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Spice Seeds were:
India $786M
China $181M
Egypt $104M
In 2023, Bangladesh's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $251k
TOP IMPORT POTENTIALIndia+ $7.54M

Spice Seeds’s highest export potential is United States. With an export gap of $251k.   Spice Seeds’s highest import potential is India with an import gap of $7.54M.

See methodology.

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