Spices in Bangladesh | The Observatory of Economic Complexity

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Exports In 2022, Bangladesh exported $16.8M in Spices, making it the 29th largest exporter of Spices in the world. At the same year, Spices was the 94th most exported product in Bangladesh. The main destination of Spices exports from Bangladesh are: United Arab Emirates ($5.34M), Malaysia ($3.31M), Kuwait ($1.77M), Oman ($1.17M), and United States ($1.13M).

The fastest growing export markets for Spices of Bangladesh between 2021 and 2022 were Kuwait ($1.2M), Oman ($978k), and United Arab Emirates ($591k).

Imports In 2022, Bangladesh imported $69.4M in Spices, becoming the 14th largest importer of Spices in the world. At the same year, Spices was the 191st most imported product in Bangladesh. Bangladesh imports Spices primarily from: India ($47.7M), China ($15.8M), Burma ($3.07M), Indonesia ($1.16M), and Pakistan ($1.11M).

The fastest growing import markets in Spices for Bangladesh between 2021 and 2022 were Burma ($1.87M), Indonesia ($1.15M), and Thailand ($235k).

Mar 2024

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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 Spices. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Trade Value

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Growth (%)

Year

EXPORTS (2022)$16.8M

IMPORTS (2022)$69.4M

NET TRADE (2022)-$52.6M

In 2022, Bangladesh exported $16.8M in Spices. The main destinations of Bangladesh exports on Spices were United Arab Emirates ($5.34M), Malaysia ($3.31M), Kuwait ($1.77M), Oman ($1.17M), and United States ($1.13M).

In 2022, Bangladesh imported $69.4M in Spices, mainly from India ($47.7M), China ($15.8M), Burma ($3.07M), Indonesia ($1.16M), and Pakistan ($1.11M).