2022
Exports
$68.1MWorld Rnk 87 / 221
Flag Rnk 16 / 21
2022
PRODUCT COMPLEXITY IN Wood Products
0.3Rnk 451 / 1025
2022
Imports
$48.9MWorld Rnk 115 / 226
Flag Rnk 19 / 21
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $68.1M in Wood Products, making it the 87th largest exporter of Wood Products in the world. At the same year, Wood Products was the 16th most exported product in Bangladesh. The main destination of Wood Products exports from Bangladesh are: Netherlands ($7.7M), United States ($6.6M), Germany ($6.42M), Poland ($5.89M), and Spain ($5.66M).

The fastest growing export markets for Wood Products of Bangladesh between 2021 and 2022 were Poland ($1.47M), China ($1.27M), and France ($896k).

Imports In 2022, Bangladesh imported $48.9M in Wood Products, becoming the 115th largest importer of Wood Products in the world. At the same year, Wood Products was the 19th most imported product in Bangladesh. Bangladesh imports Wood Products primarily from: China ($22.3M), India ($7.69M), Indonesia ($3.35M), Malaysia ($2.68M), and United States ($2.21M).

The fastest growing import markets in Wood Products for Bangladesh between 2021 and 2022 were India ($1.99M), Italy ($376k), and Thailand ($366k).

COMPANIES In 2023, leading companies such as H&M Clothing (3) were at the forefront of shipping Wood Products from Bangladesh to the United States.

Latest Trends

Oct 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 Wood Products. 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 (2022)$68.1M
IMPORTS (2022)$48.9M
NET TRADE (2022)$19.2M

In 2022, Bangladesh exported $68.1M in Wood Products. The main destinations of Bangladesh exports on Wood Products were Netherlands ($7.7M), United States ($6.6M), Germany ($6.42M), Poland ($5.89M), and Spain ($5.66M).

In 2022, Bangladesh imported $48.9M in Wood Products, mainly from China ($22.3M), India ($7.69M), Indonesia ($3.35M), Malaysia ($2.68M), and United States ($2.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Poland$1.47M (33.2%)
China$1.27M (42.6%)
France$896k (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Bangladesh WERE (2021 - 2022):
Germany-$1.5M (-18.9%)
United Kingdom-$1.06M (-20.3%)
Netherlands-$841k (-9.84%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
In 2022, Bangladesh's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.8M
TOP IMPORT POTENTIALChina+ $12.5M

Wood Products’s highest export potential is United States. With an export gap of $5.8M.   Wood Products’s highest import potential is China with an import gap of $12.5M.

See methodology.

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