Bangladesh’s Top 10 Imports – Bangladesh Largest Import Partners

29 June 2020
Bangladesh Import Data

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

 

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.

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