2023
Exports
$2.03kWorld Rnk 117 / 135
Flag Rnk 751 / 945
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$823MWorld Rnk 22 / 195
Flag Rnk 15 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $2.03k in Wheat, making it the 117th largest exporter of Wheat in the world. At the same year, Wheat was the 751st most exported product in Bangladesh. The main destination of Wheat exports from Bangladesh are: Singapore ($1.8k) and Bulgaria ($231).

The fastest growing export markets for Wheat of Bangladesh between 2022 and 2023 were Singapore ($550) and Bulgaria ($231).

Imports In 2023, Bangladesh imported $823M in Wheat, becoming the 22nd largest importer of Wheat in the world. At the same year, Wheat was the 15th most imported product in Bangladesh. Bangladesh imports Wheat primarily from: Canada ($428M), Ukraine ($171M), Romania ($105M), Brazil ($50.7M), and Australia ($45.1M).

The fastest growing import markets in Wheat for Bangladesh between 2022 and 2023 were Ukraine ($106M), Romania ($96M), and Brazil ($50.7M).

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 Wheat. 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)$2.03k
IMPORTS (2023)$823M
NET TRADE (2023)-$823M

In 2023, Bangladesh exported $2.03k in Wheat. The main destinations of Bangladesh exports on Wheat were Singapore ($1.8k) and Bulgaria ($231).

In 2023, Bangladesh imported $823M in Wheat, mainly from Canada ($428M), Ukraine ($171M), Romania ($105M), Brazil ($50.7M), and Australia ($45.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Singapore$550 (44.1%)
Bulgaria$231 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Bangladesh WERE (2022 - 2023):
United States-$2.72k (-100%)
Netherlands-$68 (-100%)
South Africa-$8 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.39k
TOP IMPORT POTENTIALAustralia+ $28.4M

Wheat’s highest export potential is United States. With an export gap of $7.39k.   Wheat’s highest import potential is Australia with an import gap of $28.4M.

See methodology.

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