Bangladesh Import Data, Bangladesh Customs Data, Bangladesh Shipments Data

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Bangladesh Import Data

Bangladesh is a country located in South Asia, bordered by India to the west, north, and east, and Myanmar to the southeast. As one of the most densely populated countries in the world, Bangladesh has a population of over 165 million people as of 2021. This puts it among the top ten most populous countries globally.

Despite its relatively small size, Bangladesh has a significant presence in global trade. In terms of imports, Bangladesh ranks at number 41 out of 221 countries worldwide data for the year 2020. The country's import value was estimated at $51.8 billion in that same period.

When looking at specific products imported into Bangladesh, textiles and textile articles make up a significant portion of its imports. This includes items such as cotton yarn, fabrics, and clothing accessories like hats and gloves. Other notable imports include machinery and mechanical appliances, petroleum products, iron and steel products, electrical equipment, and pharmaceuticals.

In terms of trade partners for these imports, China tops the list with an estimated value of $15 billion worth of goods imported into Bangladesh in 2020. Following closely behind are India with $7.9 billion worth of imports and Singapore with $4 billion worth of goods imported into Bangladesh.

The GDP (gross domestic product) is another crucial indicator when looking at a country's economic growth or decline. In recent years, Bangladesh's GDP has seen steady growth with an average rate of around 6% annually since 2010. In 2020-21 financial year estimates show that despite facing challenges from COVID-19 pandemic disruptions; Bangladeshi GDP still managed to grow by about 3%.

One key factor contributing to this growth is the country's export-oriented industries such as readymade garments manufacturing which accounts for over 80% percent ($32 billion)of all exports alone.It is also essential to note that Bangladesh's economy is highly dependent on agriculture, with the sector contributing about 14% of the country's GDP and employing over 40% of its labor force. The main agricultural products include jute, rice, tea, wheat, sugarcane, and potatoes.

Bangladesh has a diverse economy with a significant presence in global trade. With its growing population and steady economic growth rate, it is expected to continue being an essential player in international markets. The country's top imports include textiles and textile articles, machinery and mechanical appliances, petroleum products, iron and steel products, electrical equipment. Its major import partners are China followed by India and Singapore.

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Bangladesh Import Customs Trade Data Shows Top 10 Importing Products In 2021 – Analysis By Chapter

12.1% - Cotton with a value of US$ 8.4 billion
9.8% - Mineral fuels including oil with a value of US$ 6.8 billion
9.4% Machinery including computers with a value of US$6.5 billion
3.5%- Animal, vegetable fats, oils, waxes with a value of US$2.4 billion
6.4% - Electrical machinery equipment with a value of US$4.5 billion
5.5% - Iron, steel with a value of US$ 3.8 billion
4.5%- Plastic, plastic articles with a value of US$ 3.1 billion
3% Knit or crochet fabric with a value of US$ 2.11 billion
4.8%-Cereals with a value of US$ 3.4 billion
2.8% vehicles with a value of US$ 1.95 billion

Bangladesh Import Global Trade Data Shows Top 10
Trading Partners of Bangladesh

China with a share of 21% (10.3 billion US$)
India with a share of 12.2% (5.88 billion US$)
Singapore with a share of 9.19% (4.41 billion US$)
Hong Kong with a share of 5.46% (2.62 billion US$)
Indonesia with a share of 4.58% (2.2 billion US$)
Japan with a share of 3.54% (1.7 billion US$)
Korea with a share of 3.08% (1.48 billion US$)
Malaysia with a share of 3% (1.44 billion US$)
Brazil with a share of 2.6% (1.24 billion US$)
Kuwait with a share of 2.48% (1.19 billion US$)

Bangladesh Import Data Sample

Bangladesh Import Data Importer Wise

DATE	2/Dec/2020
IMPORTERS NAME	JMI CYLINDERS LIMITED
IMPORTERS ADDRESS	MANDARITOLA, BAROBKUNDU, SITAKUNDU, CHATTOGRAM.SITAKUNDA PS;,CHITTAGONG-4310; BANGLADESH
EXPORTER NAME AND ADDRESS	GBES ASIA LIMITED HONG KONG
BILL OF ENTRY NO	967510
BILL OF ENTRY DATE	44167
HS CODE	84158110
TARIFF DESCRIPTION	REQUIRING MORE THAN 2,00,000 BTU OR EQUIVALENT
COMMERCIAL DESCRIPTION	MINI CHILLER WITH ACCESSORIES . CAPACITY (BTU) 18.0 TR
INVOICE VALUE (FOREIGN CURRENCY)	20000
ASSESSED VALUE (TK.)	1733149.9
GROSS MASS (KG)	1030
NET MASS (KG)	1029
QTY	2
EXCHANGE RATE	84.95
CURCODE	USD
COUNTRY OF ORIGIN	CHINA

Bangladesh Import Data Importer Wise

DATE	5/Dec/2020
IMPORTERS NAME	ZISKA PHARMACEUTICALSLIMITED.
IMPORTERS ADDRESS	GREEN CITY EDGE (3RD FLOOR), 89 , KAKRAIL C/A,; RAMNA PS; DHAKA-1000;,BANGLADESH
EXPORTER NAME AND ADDRESS	HONGKONG KINGAIR HVAC EQUIPMENT CO.
BILL OF ENTRY NO	765522
BILL OF ENTRY DATE	44170
HS CODE	84158120
TARIFF DESCRIPTION	AIR HANDLING UNIT OR HVAC SYSTEM IMP BY VAT REG PHARMA IND REQ >= 2,00,000 BTU
COMMERCIAL DESCRIPTION	PH.CAP. MACH: CENTRAL HVAC SYSTEM OF CAPICITY 6530568 BTU
INVOICE VALUE (FOREIGN CURRENCY)	323100
ASSESSED VALUE (TK.)	27999036.63
GROSS MASS (KG)	32873
NET MASS (KG)	31665
QTY	1
EXCHANGE RATE	84.95
CURCODE	USD
COUNTRY OF ORIGIN	CHINA

Bangladesh Import Data Importer Wise

DATE	8/Dec/2020
IMPORTERS NAME	MERCANTILE BANK LIMITED
IMPORTERS ADDRESS	61, DILKUSHA C/A, DHAKA-1000.; , MOTIJHEEL PS; DHAKA-1000;,BANGLADESH
EXPORTER NAME AND ADDRESS	GBES ASIA LIMITED HONGKONG.
BILL OF ENTRY NO	745926
BILL OF ENTRY DATE	44173
HS CODE	84158110
TARIFF DESCRIPTION	REQUIRING MORE THAN 2,00,000 BTU OR EQUIVALENT
COMMERCIAL DESCRIPTION	WATER COOLED CHILLER CP: 69.4 KW
INVOICE VALUE (FOREIGN CURRENCY)	269999.99
ASSESSED VALUE (TK.)	23397522.8
GROSS MASS (KG)	9763
NET MASS (KG)	8853
QTY	13
EXCHANGE RATE	84.95
CURCODE	USD
COUNTRY OF ORIGIN	ITALIA

Bangladesh Import Data Importer Wise

DATE	15/Dec/2020
IMPORTERS NAME	ESKAYEF PHARMACEUTICALS LIMITED
IMPORTERS ADDRESS	CHANGED FROM ESKAYEF BANGLADESH , LIMITED,400 TONGI I/A, SQUIBEE ROAD, TONGI,
EXPORTER NAME AND ADDRESS	WELCOME AIR-TECH (MALAYSIA) SDN BHD
BILL OF ENTRY NO	968455
BILL OF ENTRY DATE	44180
HS CODE	84158120
TARIFF DESCRIPTION	AIR HANDLING UNIT OR HVAC SYSTEM IMP BY VAT REG PHARMA IND REQ >= 2,00,000 BTU
COMMERCIAL DESCRIPTION	CAP.MAC.FOR PH.IND.AIR HAND.UNIT(230716BTU/HR)BR-SAIVER
INVOICE VALUE (FOREIGN CURRENCY)	6500
ASSESSED VALUE (TK.)	563273.72
GROSS MASS (KG)	704
NET MASS (KG)	662
QTY	1
EXCHANGE RATE	84.95
CURCODE	USD
COUNTRY OF ORIGIN	MALAYSIA

HOW IMPORT GLOBALS BANGLADESH IMPORT DATA IS BENEFICAL TO GROW BUSINESS GLOBALLY

Import Globals Bangladesh Import Data is an essential tool for businesses and individuals who are involved in the import industry in Bangladesh. This data is collected from custom shipping bill documents, making it highly reliable and authentic. The coverage of this data is complete, providing comprehensive information on all imports that enter the country.The coverage provided by Import Globals includes all types of imports, including both sea freight and air freight shipments. This broad coverage ensures that no import goes unnoticed, giving users a holistic view of the import market in Bangladesh.

Import Globals Bangladesh Customs Data is its inclusion of consignee and shipper company names, addresses, HS code, product description, quantity, value and many more. This level of detail allows users to track shipments to specific companies and understand their importing patterns. It also helps identify potential business partners or competitors in the market.

The authenticity of this data cannot be overstated as it is sourced directly from official customs documents. This means that every entry has been verified and validated by customs officials, ensuring accuracy and reliability. As a result, businesses can make informed decisions based on real-time data rather than relying on estimations or outdated information.

One of the key components in understanding the import market in Bangladesh is having access to accurate and comprehensive data. This is where IMPORT GLOBALS comes in – providing the most up-to-date and detailed information on imports into Bangladesh through their IMPORT GLOBALS BANGLADESH IMPORT CUSTOMS DATA.

This data includes a wealth of information on importers and exporters, providing insights into the companies involved in importing goods into Bangladesh. With this data, businesses can identify potential partners or competitors, track market trends, and make informed decisions about their own import strategies.

The Bangladesh import custom data also includes valuable details such as the value of products imported, helping businesses understand the size and scope of specific markets within Bangladesh. This information can be broken down by month, allowing for analysis of seasonal trends or spikes in demand for certain products.

Another important aspect of this data is the Harmonized System (HS) code provided for each imported product. The HS code is an internationally recognized system used to classify traded goods – making it easier for businesses to identify specific items being imported. With over 5000 different HS codes included in this database, businesses can easily find relevant information on specific products they are interested in.

In addition to importer and product details, IMPORT GLOBALS BANGLADESH IMPORT TRADE DATA also provides destination and origin countries for each import entry. This allows businesses to not only understand which countries are exporting goods to Bangladesh but also which countries are popular destinations for Bangladeshi imports. This information can be especially useful when looking at trade relationships between different countries.

Having access to such detailed Import Globalscustom data enables companies to make more informed decisions about their supply chain management. By understanding who is importing what from where and how much it costs, businesses can optimize their sourcing strategies, negotiate better deals with suppliers, and ultimately increase their profitability.

by using Import Globals Bangladesh import data, businesses can directly connect with potential clients in foreign markets. This data provides detailed information on the import activities of companies in Bangladesh, including the products they are importing and from which countries. This valuable information allows businesses to identify potential clients who may be interested in their products or services.

Not only does this save businesses a significant amount of time that would otherwise be spent on market research and lead generation, but it also helps them target their efforts towards specific companies that are most likely to have a need for their offerings. This targeted approach can significantly increase the chances of success when reaching out to potential clients in foreign markets.

By using this Import Globals Bangladesh Data, businesses can also gain insights into the latest market trends in Bangladesh. They can understand what products are currently in demand and adjust their offerings accordingly. Additionally, they can analyze the competition and understand how other companies are positioning themselves in the market.

The benefits of using Import Globals Bangladesh import data do not just apply to large corporations but also extend to small and medium-sized enterprises (SMEs). With limited resources at hand, SMEs often struggle to explore new markets due to high costs involved in market research. However, with access to accurate import data from Bangladesh through Import Globals platform - these smaller businesses now have an opportunity to expand globally without breaking their budget.

By utilizing Import Globals Bangladesh import data, businesses can save a lot of search time while expanding their reach beyond borders. They no longer have to spend hours researching potential clients or trying out different marketing strategies blindly; instead - they get direct access to reliable information that guides them towards achieving success in foreign markets. With the help of this data, businesses can tap into new opportunities and establish themselves as global players in their respective industries.