What is exported to Bangladesh from India?
Bangladesh is the recipient of a variety of Indian exports. In nearly every country, the export requirements and procedures are standard. Countries may use different technical terminologies for the import and export processes. However, the majority of the import and export processes are identical. To function as an importer or exporter in India, you must have an IEC number (Import Export Code number). Similar to that, practically all nations require a one-time licencing process to be finished in order to work as an exporter or importer.
What is Bangladesh Import?
Bangladesh has the 127th-most complex economy, according to the Economic Complexity Index (ECI). In terms of overall imports, it is ranked 50. With a population of 166.6 million, Bangladesh’s total import value corresponds to an average monthly product demand of US$ 300 for each individual living in the South Asian nation.
Cotton, machinery, electrical equipment & electronics, iron & steel, plastics, cars, man-made staple fibres, animal or vegetable fats & oils, and grains are Bangladesh’s top 10 imports. Bangladesh purchased goods from around the world for an estimated US$ 50 billion in 2019, according to import data for Bangladesh. Analyze Bangladesh import data for the country’s partners and own imports.
What are Bangladesh Exports?
The eighth most populated country in the world is Bangladesh, a South Asian country. According to export data from Bangladesh, the country exported goods worth over USD 45 billion in 2019. Bangladesh ranked 20 internationally in terms of exports.
Bangladesh’s major exports are garments and clothes, textiles, footwear, fish, leather, and tobacco, according to export statistics for Bangladesh. United States, Germany, United Kingdom, Spain, France, Italy, Canada, Japan, Belgium, and the Netherlands are among Bangladesh’s top export partners.
The shipping details of the goods exported from Bangladesh are included in the export data from Bangladesh. Additionally, comprehensive coverage of Bangladeshi exporters and foreign importers is provided. Date, Exporter Name, Exporter Address, Buyer Name, Buyer Address, HS Code, Product Description, Origin Country, Destination Country, Quantity, Value, Port, and Transport Mode are the main components of Bangladesh export data.
What is exported to Bangladesh from India?
The main products that India exported to Bangladesh are
- Raw Cotton ($700M),
- Non-Retail Pure Cotton Yarn ($657M),
- Electricity ($425M)
- Edible vegetables and certain roots and tubers $205.17M
- Electrical, and electronic equipment $188.13M
- Organic chemicals $181.54M
- Mineral fuels, oils, and distillation products $169.54M
- Articles of iron or steel ($91.78M)
- Rubbers ($83.78M)
- Salt, sulphur, earth, stone, plaster, lime and cement ($62.33M)
- Soaps, lubricants, waxes, candles, modelling pastes ($52.67M)
Who are the top export partners for Bangladesh?
The United States, Germany, the United Kingdom, Spain, France, Italy, Canada, Japan, Belgium, the Netherlands, China, Australia, and Turkey rounded up Bangladesh’s top ten export partners in 2019. The top 10 export partners of Bangladesh accounted for nearly 68% of the entire value of export shipments, according to data on Bangladeshi shipments. The United States has been Bangladesh’s top export partner for a number of years. According to statistics on Bangladeshi exports, ready-made clothing makes up around 90% of all exports from Bangladesh to the United States. After China, Bangladesh is the country that exports the most clothing to the US. Also, acquiring Bangladesh export data is also very crucial for exporting any product or commodity for your business. If you require any professional assistance, our expert export advisors provide Bangladesh import data, Bangladesh trade data or many more.
