Trade data plays an important role in making strategic decisions. Seair gives its clients the key insights about global markets in order to make better business decisions and strategies- be it in terms of prices, volumes, trade flow, trends over time, or access to more consumers and businesses. Our report helps you to connect with importers, exporters, logistic companies & partners, manufacturers, and traders all across the world.
Bangladesh Trade data is collected and prepared based upon Bill of entry and shippipping bill documents submitted with customs. Trade data captures each and every product moves in and out of Bangladesh through any mode of Transport ( Sea, Air, Road etc.). Our export import data consist of important information like Importer, exporter , Product , Price quantity which helps you to analyse movement of your product in the international market.
Our motive is facilitate exporters and importers through meaningful information
Our shipment data of Bangladesh covers vital information of importers, Suppliers, Price and market information. Below mentioned is the sample of Bangladesh import data and overview of fields which are covered in data.
Column | Value |
---|---|
Date | 19-Jan-2020 |
HS Code | 06039000 |
Product Description | FRESH MARIGOLD (ASSORTED) |
Importer Name | Pushponir |
EXPORTER NAME | GUANGZHOU XWAY TRADE CO.LTD CHINA |
COUNTRY | China |
DECLARED PRICE | 84 |
ASSESSABLE PRICE | 405 |
DECLARED UNIT PRICE | 0.62 |
ASSESSABLE UNIT PRICE | 3 |
NET WEIGHT in KG | 135 |
ITEM QUANTITY | 0 |
ITEM NUMBER | 3 |
ITEM UNIT | NULL |
CURRENCY CODE | USD |
OFFICE CODE | 101 |
BE NO | 58822 |
Months | Trade value |
---|---|
Jan | 5543.293 |
Feb | 4121.93 |
Mar | 4955.017 |
Apr | 5083.837 |
May | 4981.927 |
Jun | 4033.645 |
Jul | 4532.047 |
Aug | 3885.266 |
Sep | 4222.698 |
Oct | 5030.151 |
Nov | 3986.536 |
Dec | 4646.908 |
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According to Bangladesh Shipment Data figures, the country exported 45.7 billion USD in 2019. In 2019, it imported 50.4 billion USD of products. In 2019, it will have a negative trade balance of 4.7 billion USD. As of June 2020, the trade balance was -1.6 USD billion.
According to Bangladesh Custom Data, imports declined to 2.5 billion USD in July from 3.90 billion USD in June 2020. Due to a drop in demand caused by the coronavirus epidemic, imports fell to 2.11 billion USD in April 2020. Bangladesh ranks 49th in global imports and is the world's largest cotton importer. The highest imports were observed in January 2019.
Bangladesh is a an active country when it comes to imports.
Bangladesh's Most Important Imports
According to the statistics the biggest importer of Bangladesh is none other than China.
This statistic depicts Bangladesh's top import partners in 2021. In 2021, China was Bangladesh's major import partner, accounting for 31% of total imports.
Bangladesh's imports in 2020 were $60.25 billion, a 7.1 per cent increase from 2019. Bangladesh's imports totalled $64.86 billion in 2019, representing a 0.95 per cent raise over 2018.
The USA is Bangladesh's biggest trade partner. It is no surprise because of the 6% total trade business is carried out between these two countries. Following them, Bangladesh's primary trade partners are France, Germany, United Kingdom and Spain.
To become an authorized import in Bangladesh. You must fulfill the following requirements:
Under new import policy order for 2021-24, industrialists can now import raw materials and capital machinery worth $500,000 per year without issuing letters of credit.
Overview According to the Economic Complexity Index, Bangladesh was the 39th most complex economy in the world in terms of GDP the 52nd in total exports, the 50th in total imports, the 149th in GDP per capita and the 111th in total imports in 2020. (ECI).
Bangladesh was the world's largest importer of Woven cotton textiles, having 85 percent or more by weight of cotton, weighing more than 200g/m2 ($975M) in 2020.
In the most recent fiscal year, the country's goods export revenues increased by 10.55 per cent year on year to $40.53 billion, owing to a large volume of garment shipping in a favourable external business climate.
The following is the list of products Bangladesh imports from India.Bangladesh's major industry The agricultural sector is the country's greatest employer.
It employs 37.6 percent of the entire labour force and generates 13.1 percent of GDP. Industry employs 21.4 percent of the workforce and accounts for 27.8 percent of GDP. Services generate 53.5 percent of GDP and employ 39.8 percent of the labour force.
In fiscal year 2019-20, Bangladesh imported roughly 9 lakh tonnes of non-basmati rice at cost of around $30.65 million.