Bangladesh Imports Data

Bangladesh is a South Asian country with the world's eighth-highest population. The Amount of Bangladesh's imports in 2019 is estimated to be USD 50 billion. Bangladesh was ranked 18th in terms of imports globally.

Cotton, machinery, mineral fuels and oils, electrical machinery & appliances, iron & steel, plastics, automobiles, man-made staple fibers, animal or vegetable fats & oils, and cereals are among Bangladesh's main imports, according to customs records. Bangladesh trade data also shows that China, India, Singapore, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Brazil, and Kuwait are the main import partners of Bangladesh.

Bangladesh intends to import hydropower from Bhutan and Nepal because natural gas generates approximately 56 percent of the country's commercial electricity, followed by oil, hydropower, and coal. Bangladesh is heavily reliant on imports from its neighbors, including China and India, according to Bangladesh import data and statistics.

In January 2021, Total Imports of Bangladesh reported USD 4.6 million, up from the previous month's 4.6 million. Total Imports data for Bangladesh is updated monthly and is available from July 1986 to January 2021, with an average value of 902.2 USD. The data has a high of 5.5 USD billion in January 2019 and a low of 98.8 USD in November 1987. CEIC translates total imports into US dollars on a monthly basis. Total Imports, CIF, is provided by Bangladesh Bank in local currency. For currency conversions, the Bangladesh Bank's average market exchange rate is used.

Import data from Bangladesh

Import data Bangladesh covers mainly date, country of origin, country of destination, quantity, value, port, transport mode and, so on, suppliers' name, supplier name, supply address, HS code, description of the product.

Bangladesh Main Imports:- Bangladesh's top ten imports were in 2019, as reported from Bangladesh in import details, the two-digits Harmonized System Code: cotton, machinery, mineral fuels & oil; electronics; iron and steel; plastics, cars and staple fibres; animal or vegetable fats & oils and cereals.

In 2019 Bangladesh's top 10 import goods accounted for approximately 60% of total country imports, on the basis of Bangladeshi import statistics. Among the 10 top import categories in Vehicles Import Data Bangladesh, Bangladesh oils and mineral fuels were the major sources of income, while cotton saw a decrease in value over the previous year, customs data in Bangladesh shows.

The import data from Bangladesh reveals that over the past five years the volume of Bangladesh's overall imports has increased. In reality, the most imported cereals were cereals in Bangladesh by 2020 because of the continuing pandemic of coronavirus.

Top Import Partners in Bangladesh

 

In 2019 Bangladesh's top 10 import partners were China, India, Hong Kong, Singapore, Indonesia, Japan, South Korea, Malaysia, Brazil, Kuwait, Taipei, the United States, the Arab Emirates, Thailand and Pakistan, based on import information from Bangladesh.

Bangladesh's top ten import partners accounted for around 64 percent of the total volume of import shipments in 2019. As top import partners in Bangladesh, China and India stayed. In reality, in 2020, Bangladesh most imported cereals and other vital goods from India to meet the domestic demand resulting from the Covid-19 pandemic.

Bangladesh imports mainly machinery, nuclear reactors, boilers, electricity appliances, staple fibres and iron and steel from China, according to the data of Bangladesh's imports. The trade data in Bangladesh reveals that most wheat & meslin, semi-finished iron or non-alloy steel products and motor vehicles were imported from India for the transport of goods.