2021
Exports
$3World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2021
Imports
$1.25MWorld Rnk 86 / 193
Flag Rnk 823 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Imports In 2022, Bangladesh imported $1.25M in Steel Wire, becoming the 86th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 823rd most imported product in Bangladesh. Bangladesh imports Steel Wire primarily from: China ($914k), India ($170k), Chinese Taipei ($108k), Thailand ($33.2k), and Vietnam ($20k).

The fastest growing import markets in Steel Wire for Bangladesh between 2021 and 2022 were Thailand ($13.8k) and Japan ($4.52k).

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 Steel Wire. 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 (2021)$3
IMPORTS (2022)$1.25M
NET TRADE (2022)-$1.25M

In 2022, Bangladesh imported $1.25M in Steel Wire, mainly from China ($914k), India ($170k), Chinese Taipei ($108k), Thailand ($33.2k), and Vietnam ($20k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Bangladesh WERE (N/A - 2021):Indonesia-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Steel Wire were:
In 2022, Bangladesh's main importing competitors in Steel Wire were:

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $561
TOP IMPORT POTENTIALChina+ $485k

Steel Wire’s highest export potential is India. With an export gap of $561.   Steel Wire’s highest import potential is China with an import gap of $485k.

See methodology.

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