2022
Exports
$2.28MWorld Rnk 38 / 145
Flag Rnk 204 / 931
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$78.2MWorld Rnk 4 / 216
Flag Rnk 176 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $2.28M in Spice Seeds, making it the 38th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 204th most exported product in Bangladesh. The main destination of Spice Seeds exports from Bangladesh are: Kuwait ($765k), Malaysia ($470k), Singapore ($306k), United States ($242k), and Maldives ($84.4k).

The fastest growing export markets for Spice Seeds of Bangladesh between 2021 and 2022 were Kuwait ($445k), Singapore ($48.3k), and Maldives ($37.5k).

Imports In 2022, Bangladesh imported $78.2M in Spice Seeds, becoming the 4th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 176th most imported product in Bangladesh. Bangladesh imports Spice Seeds primarily from: India ($69.9M), Egypt ($4.58M), Italy ($1.79M), United Arab Emirates ($751k), and Turkey ($722k).

The fastest growing import markets in Spice Seeds for Bangladesh between 2021 and 2022 were India ($5.92M), Egypt ($1.11M), and Pakistan ($127k).

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 Spice Seeds. 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)$2.28M
IMPORTS (2022)$78.2M
NET TRADE (2022)-$75.9M

In 2022, Bangladesh exported $2.28M in Spice Seeds. The main destinations of Bangladesh exports on Spice Seeds were Kuwait ($765k), Malaysia ($470k), Singapore ($306k), United States ($242k), and Maldives ($84.4k).

In 2022, Bangladesh imported $78.2M in Spice Seeds, mainly from India ($69.9M), Egypt ($4.58M), Italy ($1.79M), United Arab Emirates ($751k), and Turkey ($722k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Kuwait$445k (139%)
Singapore$48.3k (18.8%)
Maldives$37.5k (79.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Bangladesh WERE (2021 - 2022):
Malaysia-$528k (-52.9%)
Saudi Arabia-$433k (-100%)
Qatar-$67.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Bangladesh's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $251k
TOP IMPORT POTENTIALIndia+ $7.54M

Spice Seeds’s highest export potential is United States. With an export gap of $251k.   Spice Seeds’s highest import potential is India with an import gap of $7.54M.

See methodology.

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