Know the Top Importers using Bangladesh Import Data

Based on import documents recorded at the port of entry, the revenue maintains a computer system on all imports. Imports are further classified into four categories.

 ●      Primary products

●       Intermediate products

●       Capital goods and

●       Other imports.

In addition to capital equipment, capital goods are made up of 978 eight-digit H.S. Code products that come within 188 multiple H.S. Codes and cover a broad range of commodities.

Bangladesh Trade Data

Bangladesh is a Country In south Asia with the world's ninth biggest number. According to Bangladesh was rated 18th in the world when it comes to imports.

Cotton is Bangladesh's largest significant import, according to Import Data Bangladesh.

Machine Import Data Bangladesh, its major imports are cotton, machinery, mineral fuels & oils. Also reveals a list of Bangladesh’s top import partners as follows:

 ●       China

●       India

●       Hong Kong

●       Indonesia

●       Japan

●       South Korea

●       Malaysia

●       Brazil

Bangladesh has planned to import hydropower from Bhutan and Nepal as about 56% of the country’s commercial energy is generated by natural gas, followed by oil, hydropower and coal. Based on import data and statistics, Bangladesh is highly dependent on imports from its neighboring countries including China and India.

According to Bangladesh import data, top 10 imports in 2019 were as follows:

●       Cotton

●       Machinery

●       Mineral Fuels & Oils

●       Electronics

●       Iron & Steel

●       Plastics

●       Vehicles

●       Animal or Vegetable Fats

Based on Bangladesh import statistics, Bangladesh’s top 10 import products approximately accounted for 60% of the country's total imports in 2019. Among Bangladesh’s top 10 import categories, mineral fuels & oils were the largest gainers, while cotton recorded a decline in the value as compared to the previous year, Bangladesh trade data reveals.

Bangladesh import data shows that the value of Bangladesh’s total import shipments has been on the rise for the last 5 years. Bangladesh imported cereals the most in 2020 for meeting domestic needs due to the ongoing coronavirus pandemic. Below given chart shows the percentage share of Bangladesh’s top 10 import commodities recorded in 2019.

Bangladesh import data is a collection of statistics based on actual shipment records that are gathered from the most authorized sources. Covers importer-exporter names and other shipping details. We provide exclusive Bangladesh trade statistics to always give you 360-degree visibility into Bangladesh’s import activities. Bangladesh shipment data is available from 2018 onwards.

Bangladesh’s major imports from China are machinery, nuclear reactors, boilers, electrical machinery & equipment, man-made staple fibers and iron & steel. Bangladesh trade data shows Bangladesh imported from India the most wheat & meslin, semi-finished goods of iron or non-alloy steel and motor vehicles for the transport of goods.

If you are looking for factual and well-researched Import export-related data. We can help you get access to international trade data. This data can help you improve strategic work for your business.

Know the Top Importers using Import Data Bangladesh. Contact us today and get the latest market insights and much more.