2022
Exports
$57.4kWorld Rnk 92 / 200
Flag Rnk 536 / 931
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$9.5MWorld Rnk 58 / 219
Flag Rnk 510 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $57.4k in Wrenches, making it the 92nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 536th most exported product in Bangladesh. The main destination of Wrenches exports from Bangladesh are: India ($53.5k), Malaysia ($1.15k), Georgia ($815), Estonia ($507), and Switzerland ($505).

The fastest growing export markets for Wrenches of Bangladesh between 2021 and 2022 were India ($53.1k), Malaysia ($1.15k), and Georgia ($815).

Imports In 2022, Bangladesh imported $9.5M in Wrenches, becoming the 58th largest importer of Wrenches in the world. At the same year, Wrenches was the 510th most imported product in Bangladesh. Bangladesh imports Wrenches primarily from: China ($7.3M), India ($1.36M), Chinese Taipei ($328k), Japan ($215k), and Singapore ($59.1k).

The fastest growing import markets in Wrenches for Bangladesh between 2021 and 2022 were Japan ($133k), Spain ($41.7k), and Netherlands ($26k).

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 Wrenches. 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)$57.4k
IMPORTS (2022)$9.5M
NET TRADE (2022)-$9.45M

In 2022, Bangladesh exported $57.4k in Wrenches. The main destinations of Bangladesh exports on Wrenches were India ($53.5k), Malaysia ($1.15k), Georgia ($815), Estonia ($507), and Switzerland ($505).

In 2022, Bangladesh imported $9.5M in Wrenches, mainly from China ($7.3M), India ($1.36M), Chinese Taipei ($328k), Japan ($215k), and Singapore ($59.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$53.1k (11.9k%)
Malaysia$1.15k (1%)
Georgia$815 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Bangladesh WERE (2021 - 2022):
Indonesia-$671 (-100%)
Singapore-$7 (-100%)
Denmark-$2 (-13.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $56k
TOP IMPORT POTENTIALChina+ $1.87M

Wrenches’s highest export potential is India. With an export gap of $56k.   Wrenches’s highest import potential is China with an import gap of $1.87M.

See methodology.

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