Bangladesh’s Top 10 Imports – Bangladesh Largest Import Partners
29 June 2020
What does Bangladesh imports? Bangladesh’s top 10
imports are cotton, machinery, mineral fuels & oils, electrical machinery
& electronics, iron & steel, plastics, vehicles, man-made staple
fibers, animal or vegetable fats & oils and cereals. According to Bangladesh import data, Bangladesh
imported an estimated US$ 50 billion worth of commodities from the world in
2019. Analyze Bangladesh import statistics of Bangladesh imports and Bangladesh
import partners.
According to the Economic Complexity Index (ECI),
Bangladesh is the 127th most complex economy. It rank 50 in total
global imports. Given Bangladesh’s population of 166.6 million people, its
value of total imports translates to roughly US$ 300 in yearly product demand
from every person in the South Asian country.
Bangladesh’s Top 10 Imports
Top 10 import commodities of Bangladesh are cotton,
machinery, mineral fuels & oils, electrical machinery & electronics,
iron & steel, plastics, vehicles, man-made staple fibers, animal or vegetable
fats & oils and cereals. Bangladesh’s top 10 imports represent about 58% of
the overall value of its product purchases from other countries.
Iron and steel posted the fastest growth among these
import categories. The other top product category to appreciate year over year
was manmade filaments. Cotton recorded a leading decline among these import
groups, followed electrical machinery & electronics year over year.
The following product groups represent the highest
dollar value in percentage in Bangladesh’s import purchases during 2019.
Product |
Value USD % |
Cotton |
12 |
Machinery |
11 |
Mineral Fuels & Oils |
8 |
Electrical Machinery & Electronics |
7 |
Iron & Steel |
4 |
Plastics |
4 |
Vehicles |
3 |
Man-made Staple Fibers |
3 |
Animal or Vegetable Fats & Oils |
3 |
Cereals |
3 |
Major Bangladesh machinery imports are computers, yarn
wash/clean/iron machines, sewing machines, liquid pumps & elevators,
temperature-change machines, miscellaneous machinery, knitting/stitching
machines, air or vacuum pumps, vapour-based boilers and centrifuges, filters
& purifiers.
In cotton category, Bangladesh imported uncarbed &
uncombed cotton, woven fabrics, woven cotton fabrics and yarn the most. Under
fuel category, processed petroleum oils, electrical energy, petroleum gases,
coal, petroleum jelly, coke, lignite, coal tar and distilled tar were imported
by the country last year.
Bangladesh top 10 import commodities under electronic
category are phone system devices, electric generating sets, electrical
coverters/power units, insulated wire/cable, electrical/optical circuit boards,
unrecorded sound media, electric motors & generators, TV/radio/radar device
parts, TV receivers/monitors/projectors and electric storage batteries.
Bangladesh Largest Import
Partners
Bangladesh’s top import partners are China, India, Singapore, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Brazil and Kuwait. According to Bangladesh customs data, these countries shared 64% to overall value of shipments in 2019. Check percentage share of these countries and analyze statistics to discover new business opportunities.
Country |
Value USD % |
China |
21 |
India |
12 |
Singapore |
9 |
Hong Kong |
5 |
Indonesia |
4 |
Japan |
3 |
South Korea |
3 |
Malaysia |
3 |
Brazil |
2 |
Kuwait |
2 |
Use data and appropriate market intelligence to expand import business in Bangladesh.
Our Bangladesh trade data covers customs information
of companies, products and other market components. Every shipment detail of
Bangladesh imports is useful to sectors at large. From importers &
exporters to logistics companies and other sections, Bangladesh import data
adds value to every businesses.