Search Bangladesh Imports Data

Bangladesh trade data Features

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

Bangladesh Import Data

Bangladesh Import Data Sample

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

Trade values of Import done by Bangladesh in 2019.

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
Bangladesh Trade Data

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Bangladesh Shipment Data

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.

Bangladesh Custom Data

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.

FAQs

Bangladesh is a an active country when it comes to imports.

Bangladesh's Most Important Imports

  • $5.8 billion for machinery, including computers (11.5 percent of total imports)
  • Cotton is worth $5.4 billion (10.8 percent )
  • $4.4 billion for mineral fuels, including oil (8.7 percent )
  • $3.2 billion for electrical machinery and equipment (6.4 percent )
  • $2.9 billion for iron and steel (5.8 percent )
  • Plastics and plastic products: $2.2 billion (4.4 percent )

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:

  • Import Letter of Credit (L/C) Customs Clearance Procedures
  • Invoice.
  • AWB/Bill of Lading/Truck Receipt/Railroad Receipt
  • Packing Checklist
  • Certificate of "Country of Origin" (except coal,export-oriented garment industries)
  • insurance policy
  • Certificate of VAT/BIN.
Import without a licence

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.
  • India imports into Bangladesh
  • Vegetables, as well as some roots and tubers, are edible.
  • Electrical and electronic devices
  • Organic substances
  • Mineral fuels, oils, and distilled goods

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.

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