Trade Affair Of Bangladesh And India; India’s Bilateral Trade With Bangladesh
by Exim Trade Data Global Import Export Trade DataAccording to our import and export data by countries of 2021, the two South Asian countries, India & Bangladesh have been sharing valuable resources through trade. While Bangladesh imported goods such as cotton & cereals the most from India, India imported commodities such as Vegetables\Animal Oils, Fats & Waxes, and apparel from Bangladesh. As per the availability of trade data between these two countries, in 2021, Bangladesh imported goods worth $12 billion from India whereas the total imports of India from Bangladesh were estimated at a value of $1.3 billion for the same year.
India’s exports to Bangladesh have increased Considerably from 2020 and as per India export data and Bangladesh import data, in 2022, Bangladesh will join the group of the top Importing countries of India.
Market Analysis Report of India Imports From Bangladesh
MONTH & YEAR | TOTAL IMPORT VALUE (USD MILLION) |
JANUARY 2021 | $93.50 MILLION |
FEBRUARY 2021 | $89.77 MILLION |
MARCH 2021 | $92.57 MILLION |
APRIL 2021 | $100.34 MILLION |
MAY 2021 | $63.56 MILLION |
JUNE 2021 | $106.48 MILLION |
JULY 2021 | $108.90 MILLION |
AUGUST 2021 | $129.81 MILLION |
SEPTEMBER 2021 | $230.87 MILLION |
OCTOBER 2021 | $164.94 MILLION |
NOVEMBER 2021 | $170.69 MILLION |
The above data contain an overall overview of India’s imports from Bangladesh presented by India import data and market analysis reports. According to the given above data, the highest imports in India in September 2021 were from Bangladesh with a total share value of $230.87 million.
PRODUCTS & GOODS | VALUE IN US DOLLARS |
Not Knitted or Crocheted, Clothing Accessories & Articles of Apparel | $257.44 Million |
Cotton | $33.79 Million |
Floating Structures, Boats & Ships | $37.69 Million |
Vegetable/Animal Oils, Fats & Waxes | $173.06 Million |
Handbags, Articles of Leather & Travels Goods | $39.91 Million |
Knitted or Crocheted, Clothing Accessories & Articles of Apparel | $160.91 Million |
Made-up Textile Articles & Rags | $110.83 Million |
Paper Yarn & Vegetable Textile Fibers | $98.16 Million |
Precious Metals & Inorganic Chemicals | $67.91 Million |
Prepared Animal Fodder & Residues Waste from Food Industries | $72.44 Million |
With an import value of $257.44 million, apparel and clothing were the highest importing commodity of India from Bangladesh. Bangladesh export data year-wise suggest that in the coming years, Bangladesh is set to become one of the top Import partner countries of India in 2022.
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Created on Jan 23rd 2022 22:45. Viewed 255 times.