2022
Exports
$22.2kWorld Rnk 120 / 209
Flag Rnk 612 / 931
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$51MWorld Rnk 51 / 223
Flag Rnk 229 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $22.2k in Padlocks, making it the 120th largest exporter of Padlocks in the world. At the same year, Padlocks was the 612th most exported product in Bangladesh. The main destination of Padlocks exports from Bangladesh are: Bahrain ($9.83k), Germany ($3.77k), Poland ($2.86k), Czechia ($1.7k), and Norway ($1.42k).

The fastest growing export markets for Padlocks of Bangladesh between 2021 and 2022 were Bahrain ($8.53k), Germany ($3.77k), and Poland ($2.86k).

Imports In 2022, Bangladesh imported $51M in Padlocks, becoming the 51st largest importer of Padlocks in the world. At the same year, Padlocks was the 229th most imported product in Bangladesh. Bangladesh imports Padlocks primarily from: China ($43.9M), India ($5.89M), Thailand ($383k), Sri Lanka ($188k), and Finland ($178k).

The fastest growing import markets in Padlocks for Bangladesh between 2021 and 2022 were China ($2.22M), Thailand ($227k), and Sri Lanka ($113k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Padlocks. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.2k
IMPORTS (2022)$51M
NET TRADE (2022)-$51M

In 2022, Bangladesh exported $22.2k in Padlocks. The main destinations of Bangladesh exports on Padlocks were Bahrain ($9.83k), Germany ($3.77k), Poland ($2.86k), Czechia ($1.7k), and Norway ($1.42k).

In 2022, Bangladesh imported $51M in Padlocks, mainly from China ($43.9M), India ($5.89M), Thailand ($383k), Sri Lanka ($188k), and Finland ($178k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Bahrain$8.53k (660%)
Germany$3.77k (1%)
Poland$2.86k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Bangladesh WERE (2021 - 2022):
United States-$7.96k (-100%)
Saudi Arabia-$3.95k (-100%)
Singapore-$3.02k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Bangladesh's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.1k
TOP IMPORT POTENTIALChina+ $9.63M

Padlocks’s highest export potential is Germany. With an export gap of $10.1k.   Padlocks’s highest import potential is China with an import gap of $9.63M.

See methodology.

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