Bangladesh is in South Asia. It is surrounded by India and Myanmar. Bangladesh is a developing economy. It has been ranked in the next eleventh emerging market for middle-income economies. It is one of the fastest-growing economies in the world. According to Bangladesh import data to 21.44% of the GDP. Bangladesh imported 4208 products from 202 import partners.
The Bangladesh imports data shows the top importing partners are:-
Bangladesh imports data is based on documents such as the bill of lading, shipping manifest, etc from customs ports across Bangladesh. The database contains information on all products imported into the country. It contains the following information:-
The Bangladesh import data allows traders to evaluate suppliers. They can examine shipping records, product lines, export volumes, and prices to find a suitable supplier. Traders can monitor the competitor’s business strategies. Importers can utilize the information to understand market trends and customer’s preferences. They can accurately order the appropriate volume of the commodity or find new avenues of product expansion.
The Bangladesh import data shows that Bangladesh imported USD 3.8 billion in October 2020 and USD 4.0 billion in September 2020. The total imports in October 2020 dropped by 24.9%. According to Bangladesh imports data, the top imports are:-
Bangladesh import data shows that cotton imports grew by 9% even in the pandemic. Bangladesh's biggest import partners for cotton are India (23% market share) and the USA (14% market share).