Bangladesh Imports Data
by Bangladesh Imports Data Bangladesh Imports Data SolutionsBangladesh
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 fibres, 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 neighbours,
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.
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Created on May 10th 2021 05:41. Viewed 231 times.