2022
Exports
$5.44MWorld Rnk 35 / 122
Flag Rnk 144 / 931
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$188MWorld Rnk 3 / 191
Flag Rnk 89 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $5.44M in Steam Turbines, making it the 35th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 144th most exported product in Bangladesh. The main destination of Steam Turbines exports from Bangladesh are: India ($5.28M), Greece ($83.4k), Malaysia ($28.7k), Singapore ($17.1k), and South Korea ($13.5k).

The fastest growing export markets for Steam Turbines of Bangladesh between 2021 and 2022 were India ($5.28M), Malaysia ($24.9k), and Greece ($16.1k).

Imports In 2022, Bangladesh imported $188M in Steam Turbines, becoming the 3rd largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 89th most imported product in Bangladesh. Bangladesh imports Steam Turbines primarily from: Japan ($84.9M), China ($66.9M), United States ($22.7M), India ($11.7M), and Italy ($1.28M).

The fastest growing import markets in Steam Turbines for Bangladesh between 2021 and 2022 were United States ($11.1M), China ($2.75M), and Italy ($1.25M).

Latest Trends

Jul 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 Steam Turbines. 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)$5.44M
IMPORTS (2022)$188M
NET TRADE (2022)-$182M

In 2022, Bangladesh exported $5.44M in Steam Turbines. The main destinations of Bangladesh exports on Steam Turbines were India ($5.28M), Greece ($83.4k), Malaysia ($28.7k), Singapore ($17.1k), and South Korea ($13.5k).

In 2022, Bangladesh imported $188M in Steam Turbines, mainly from Japan ($84.9M), China ($66.9M), United States ($22.7M), India ($11.7M), and Italy ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$5.28M (1.04M%)
Malaysia$24.9k (654%)
Greece$16.1k (23.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Bangladesh WERE (2021 - 2022):
Netherlands-$42.2k (-82.1%)
Singapore-$20.2k (-54.1%)
Poland-$5.06k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Steam Turbines were:
In 2022, Bangladesh's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.78M
TOP IMPORT POTENTIALIndia+ $7.92M

Steam Turbines’s highest export potential is India. With an export gap of $1.78M.   Steam Turbines’s highest import potential is India with an import gap of $7.92M.

See methodology.

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