Canada / Bangladesh

Overview In January 2024, Canada exported C$40.8M and imported C$155M from Bangladesh, resulting in a negative trade balance of C$114M. Between January 2023 and January 2024 the exports of Canada have decreased by C$-151M (-78.7%) from C$192M to C$40.8M, while imports decreased by C$-82.6M (-34.8%) from C$237M to C$155M.

Trade In January 2024, the top exports of Canada to Bangladesh were Potassic Fertilizers (C$100M), Wheat (C$75.1M), Dried Legumes (C$11.1M), Tanks and Armored vehicles (C$2.25M), and Coated Flat-Rolled Iron (C$929k). In January 2024 the top imports of Canada from Bangladesh were Non-Knit Men's Suits (C$42.5M), Non-Knit Women's Suits (C$36.6M), Knit T-shirts (C$25.6M), Knit Sweaters (C$16.8M), and Non-Knit Men's Shirts (C$11.5M).

Origins In January 2024 the exports of Canada were mainly from Saskatchewan (C$25.1M), Alberta (C$6.81M), Ontario (C$3.95M), Manitoba (C$3.64M), and Quebec (C$673k), while imports destinations were mainly Ontario (C$61.7M), British Columbia (C$43.4M), Quebec (C$37.8M), Nova Scotia (C$6.52M), and Alberta (C$2.76M).

Growth In January 2024, the decrease in Canada's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Gas and Liquid Flow Measuring Instruments (C$-822k or -99.4%), Sawn Wood (C$-161k or -66.1%), and Scrap Plastic (C$-100k or -77.3%). In January 2024, the decrease in Canada's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Knit Sweaters (C$-4.86M or -22.4%), Knit Men's Suits (C$-2.67M or -20.7%), and Crustaceans (C$-1.94M or -99.8%).