Bangladesh Export Database - Global Export Data | Tendata

tendata blogTrade Data

ten data blog27-11-2023

Bangladesh exports are valued at $59.28B in 2022, an increase of 33.57% from 2021.

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The latest Tendata iTrader data shows that the Top 10 export products of Bangladesh in September 2023 based on 2-digit HS code are:

1. Readymade garments

Bangladesh's readymade garments exports include a wide range of knitwear and woven garments, including shirts, pants, T-shirts, jeans, jackets and sweaters. It is noteworthy that knitwear products grew significantly by 36.88 percent to US$ 23.2 billion. Woven garments grew by 33.82 percent to $19.4 billion.

The booming apparel sector has had a great impact on the economic development of Bangladesh.22022 The major foreign markets for Bangladesh's readymade garments exports were the United States of America, United Kingdom, Germany, Italy, France, Spain, Netherlands, Canada and Belgium.

2. Jute and jute products

Bangladesh is one of the leading exporters of jute and jute products in the world. The country has a long history of jute cultivation and manufacturing dating back to colonial times. The jute industry in Bangladesh is in a period of great success. It is the second largest export product after readymade garments in FY2022. The country produces 7.0 to 8 million bales of raw jute and exports 0.6 to 0.8 million bales annually. Faridpur district is the major producer of jute. China, India and Pakistan are the main buyers of raw jute from Bangladesh. 

3. Fish, shrimp and prawns

Aquaculture in Bangladesh is a major source of food security and foreign exchange and contributes significantly to the national economy.

Bangladeshi aquaculture products are exported to more than 50 countries, with the major importers being the European Union, the United States, Japan, Russia and China. Export earnings from frozen and live fish jumped by 11.64 percent to US$532.94 million while shrimp exports jumped by 23.84 percent to US$407.25 in mid-2022.

4. Leather and leather products

All categories of the Bangladeshi leather industry experienced considerable growth. The major destinations of Bangladesh leather and leather products are Italy, Spain, and Hong Kong.

5. Home Textiles

The home textile sector has emerged as an important sector for textile production and export in Bangladesh. The sector covers bedding, bed sheets, bedroom textiles, bath towels, carpets, rugs, carpets, blankets, kitchenware, curtains, cushions and cushion covers. The major export markets for Bangladeshi home textiles include the United States, Europe, Japan, Canada and Australia.

6. Agricultural Products

Bangladesh's vegetable exports seem poised for significant growth. Bangladesh exports 100,000 tons of vegetables annually to countries across the globe. overall income from agricultural products including vegetables, fruits and spices is $1.16 billion in FY2022, a growth of 13.04 percent. Industry insiders believe that Bangladesh has the potential to bring in more than $1 billion through the export of these perishable agricultural products.

7. Pharmaceutical products

Bangladesh's pharmaceutical sector has witnessed a significant growth in export earnings due to increased production capacity and access to new distribution channels. The world has taken note of the capacity of Bangladesh's pharmaceuticals and the country is currently exporting medicines to about 160 countries, meeting nearly 98 percent of the local demand.

8. Plastics and plastic products

Exports of plastic products have grown significantly and will be a major source of income. At the current annual growth rate of 24%, the export of plastic toys is expected to reach US$ 466.31 million by 2030. Bangladeshi plastic products have been exported to 23 countries including USA, UK, France, Germany, Poland, Spain and Canada. Various items such as home decoration pieces, automobile parts, medical equipment and other export industry related products are made of plastic.

9. Bicycles

Bangladesh has become the third largest exporter of bicycles in the EU and the eighth largest in the world. The EU is a major consumer of bicycles, purchasing about 18 million units annually. Therefore, Bangladeshi manufacturers are targeting the European market for their exports, especially the United Kingdom, Germany, Italy and the Netherlands.

10. Towels

The towel cloth industry in Bangladesh is fully committed to exports. The country produces and exports a range of towels and similar products, and the annual value of home textiles and towels amounts to US$1.2 billion.

When you need to understand the Bangladesh market, you can search Tendata's Bangladesh Export Database by product name or HS code to get industry-wide market trends. With these Bangladesh Export Databases, you can quickly analyze the market.

Based on these products, you can check if the industry is trending with your country. Taking textile materials as an example, the latest Tendata iTrader data shows that Bangladesh's Top 10 export partners are:

1.Spain (37.47%, $9.47 Million)

2.Russia (14.9%, $3.76 Million)

3.Sweden (13.34%, $3.37 Million)

4.Germany (9.6%, $2.43 Million)

5.Poland (9.42%, $2.38 Million)

6.France (4.82%, $1.22 Million)

7.Turkey (3.66%, $0.93 Million)

8. Chile (2.01%, $0.51 Million)

9.United Kingdom (1.73%, $0.44 Million)

10.Australia (1.26%, $0.32 Million)

Check the percentage share of these countries/regions and analyze the statistics to discover new business opportunities.

When you want to find out whether Bangladesh exporters tend to work with importers in your country, you can look in Tendata's Bangladesh Export Database by country name. Of course, in addition to the above, Tendata also supports searching by exporter name, exporter address, port of origin, port of destination, bill of lading number, weight, quantity, number of containers, dimensions, and more. You can see that all fields in Bangladesh Export Database have this data. Don't forget to select the time frame to get the latest import/export data. Here is a sample of the search for you (data as of September 2023):

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