2022
Exports | Imports
$189M | $24.6MWorld Rnk 12 / 188
Flag Rnk 51 / 2719
World Rnk 51 / 221
Flag Rnk 479 / 4201
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.9Rnk 100 / 124

About

Exports In 2022, Bangladesh exported $189M in Bicycles, making it the 12th largest exporter of Bicycles in the world. At the same year, Bicycles was the 51st most exported product in Bangladesh. The main destination of Bicycles exports from Bangladesh are: Germany ($87.5M), United Kingdom ($47M), Austria ($11.5M), Denmark ($6.49M), and India ($6.12M).

The fastest growing export markets for Bicycles of Bangladesh between 2021 and 2022 were Germany ($25.8M), Austria ($5.41M), and United States ($2.3M).

Imports In 2022, Bangladesh imported $24.6M in Bicycles, becoming the 51st largest importer of Bicycles in the world. At the same year, Bicycles was the 479th most imported product in Bangladesh. Bangladesh imports Bicycles primarily from: China ($23.6M), United Kingdom ($674k), India ($145k), Philippines ($107k), and Thailand ($5.5k).

The fastest growing import markets in Bicycles for Bangladesh between 2021 and 2022 were United Kingdom ($674k), Philippines ($107k), and China ($94.3k).

COMPANIES In 2023, leading companies such as PVH CORP. (22.9k), H&M HENNES & MAURITZ L.P (20.1k), and WAL-MART INC. (9.58k) were at the forefront of shipping Bicycles from Bangladesh to the United States.

Latest Trends

Jan 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 Bicycles. 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)$189M
IMPORTS (2022)$24.6M
NET TRADE (2022)$164M

In 2022, Bangladesh exported $189M in Bicycles. The main destinations of Bangladesh exports on Bicycles were Germany ($87.5M), United Kingdom ($47M), Austria ($11.5M), Denmark ($6.49M), and India ($6.12M).

In 2022, Bangladesh imported $24.6M in Bicycles, mainly from China ($23.6M), United Kingdom ($674k), India ($145k), Philippines ($107k), and Thailand ($5.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bicycles EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$25.8M (41.8%)
Austria$5.41M (88.9%)
United States$2.3M (22.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bicycles BY Bangladesh WERE (2021 - 2022):
United Kingdom-$3.38M (-6.7%)
India-$2.65M (-30.2%)
Netherlands-$1.11M (-17%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bicycles by Exporters

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