US trade (export - import) with Bangladesh in 2015

Published or Updated: Feb 17, 2017

The report on US foreign trade in goods with Bangladesh in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Bangladesh

In 2015, US trade with Bangladesh totaled $7,168.1 million, up 8.79% ($579.4 million) from 2014.

US exports to Bangladesh in 2015 were $948.1 million, down 14.85% ($165.3 million) from 2014.

US imports from Bangladesh in 2015 totaled $6,220.0 million, up 13.60% ($744.7 million) from 2014.

US trade deficit with Bangladesh in 2015 was $5,271.9 million, a 20.86% increase ($910.0 million) over 2014.

Bangladesh was the US 51st largest trading partner in 2015 (up from 60th in 2014), accounting for 0.19% of US total trade (up from 0.16% in 2014).

Bangladesh was the US 77th largest export market in 2015 (up from 79th in 2014), accounting for 0.06% of US total exports (down from 0.07% in 2014).

Bangladesh was the US 38th largest supplier in 2015 (up from 45th in 2014), accounting for 0.27% of US total imports (up from 0.23% in 2014).

US Exports to Bangladesh

The major share of US exports to Bangladesh in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 45.35% of US total exports to Bangladesh (24.31% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 29.78% of US total exports to Bangladesh (55.12% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 9.34% of US total exports to Bangladesh (10.48% in 2014);
  • Metals and products from them (HS codes 72-83) - 6.74% of US total exports to Bangladesh (3.21% in 2014);
  • Chemical products (HS codes 28-40) - 4.85% of US total exports to Bangladesh (3.53% in 2014);
  • Wood and wood products (HS codes 44-49) - 2.00% of US total exports to Bangladesh (1.19% in 2014).

The largest gains in US exports to Bangladesh in 2015 over 2014 were recorded for the following product groups:

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $135.2 million;
  • Iron and steel (HS code 72) - an increase of $29.2 million;
  • Cereals (HS code 10) - an increase of $14.3 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $12.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $7.0 million;
  • Pharmaceutical products (HS code 30) - an increase of $4.8 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $4.5 million.

The largest declines in US exports to Bangladesh in 2015 over 2014 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $259.9 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $46.7 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $29.8 million;
  • Cotton (HS code 52) - a decrease of $23.5 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $4.1 million;
  • Man-made staple fibers (HS code 55) - a decrease of $3.2 million.
US exports to Bangladesh in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
01 Live animals 1,806.2 0.19 1,794.60.65
02 Meat and edible meat offal 4.5 0.00 2.954.80
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 201.4-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 5,074.7 0.54 6,184.7-17.95
05 Products of animal origin, not elsewhere specified or included 22,995.9 2.43 22,085.34.12
07 Edible vegetables and certain roots and tubers 400.1 0.04 684.5-41.55
08 Edible fruit and nuts; peel of citrus fruit or melons 3,243.7 0.34 3,549.4-8.61
09 Coffee, tea, maté and spices 7.2 0.00 13.2-45.65
10 Cereals 32,721.4 3.45 18,373.778.09
11 Products of the milling industry; malt; starches; inulin; wheat gluten 6.6 0.00 2.6151.92
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 308,802.4 32.57 173,594.677.89
13 Lac; gums, resins and other vegetable saps and extracts 136.7 0.01 318.8-57.13
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 110.7 0.01 819.0-86.48
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 6.0 0.00 0.0
17 Sugars and sugar confectionery 788.6 0.08 1,636.9-51.82
18 Cocoa and cocoa preparations 362.3 0.04 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 297.7 0.03 379.3-21.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 770.6 0.08 767.40.42
21 Miscellaneous edible preparations 1,014.6 0.11 1,153.4-12.03
22 Beverages, spirits and vinegar 102.7 0.01 139.3-26.28
23 Residues and waste from the food industries; prepared animal feed 50,278.2 5.30 37,631.333.61
24 Tobacco and manufactured tobacco substitutes 1,040.6 0.11 1,346.5-22.72
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 323.4 0.03 533.6-39.38
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 373.0 0.04 904.6-58.76
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,160.2 0.54 3,830.634.71
29 Organic chemicals 2,316.0 0.24 2,832.4-18.23
30 Pharmaceutical products 10,870.4 1.15 6,031.880.22
31 Fertilizers 0.0 0.00 58.3-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,044.2 0.53 4,323.716.66
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,473.6 0.26 2,779.4-11.00
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 1,682.4 0.18 1,623.93.60
35 Albuminoidal substances; modified starches; glues; enzymes 358.4 0.04 497.4-27.94
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 186.2 0.02 285.4-34.74
37 Photographic or cinematographic goods 306.7 0.03 618.8-50.43
38 Miscellaneous chemical products 9,191.7 0.97 8,053.814.13
39 Plastics and articles thereof 7,039.2 0.74 7,731.0-8.95
40 Rubber and articles thereof 1,382.5 0.15 644.8114.42
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 26.0-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 150.5 0.02 241.4-37.66
44 Wood and articles of wood; wood charcoal 3,083.8 0.33 2,233.638.07
45 Cork and articles of cork 9.1 0.00 4.3112.91
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 4,961.0 0.52 4,356.113.89
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10,386.0 1.10 5,861.877.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 484.2 0.05 826.9-41.44
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 152.8 0.02 10.11,415.83
52 Cotton 72,372.8 7.63 95,854.8-24.50
54 Man-made filaments 26.5 0.00 673.6-96.07
55 Man-made staple fibers 9,677.6 1.02 12,861.2-24.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 368.8 0.04 361.12.11
57 Carpets and other textile floor coverings 0.0 0.00 146.9-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 300.1 0.03 89.9233.86
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,299.0 0.35 3,393.7-2.79
60 Knitted or crocheted fabrics 1,913.2 0.20 2,515.9-23.96
61 Articles of apparel and clothing accessories, knitted or crocheted 50.5 0.01 17.8183.17
62 Articles of apparel and clothing accessories, not knitted or crocheted 99.6 0.01 159.0-37.39
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 236.5 0.02 224.25.49
64 Footwear, gaiters and the like; parts of such articles 38.1 0.00 20.586.29
65 Headgear and parts thereof 2.8 0.00 7.6-63.45
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 312.3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 35.3 0.00 298.7-88.20
69 Ceramic products 16.4 0.00 218.8-92.50
70 Glass and glassware 431.2 0.05 181.7137.34
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,086.9 0.11 1,142.9-4.90
72 Iron and steel 49,381.8 5.21 20,192.3144.56
73 Articles of iron or steel 3,372.6 0.36 3,633.5-7.18
74 Copper and articles thereof 8,561.7 0.90 10,674.2-19.79
75 Nickel and articles thereof 0.0 0.00 31.6-100.00
76 Aluminum and articles thereof 1,463.0 0.15 353.9313.37
79 Zinc and articles thereof 6.9 0.00 15.7-55.81
81 Other base metals; cermets; articles thereof 25.1 0.00 36.5-31.23
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 674.8 0.07 733.6-8.02
83 Miscellaneous articles of base metal 379.4 0.04 92.3311.26
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 95,151.8 10.04 124,905.7-23.82
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 35,230.1 3.72 81,923.6-57.00
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 1,450.6 0.15 1,139.127.35
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,496.5 0.16 1,302.214.93
88 Aircraft, spacecraft, and parts thereof 115,405.7 12.17 375,295.5-69.25
89 Ships, boats and floating structures 404.4 0.04 2,996.3-86.50
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 33,199.8 3.50 26,176.926.83
91 Clocks and watches and parts thereof 7.4 0.00 10.3-27.87
92 Musical instruments; parts and accessories of such articles 52.0 0.01 84.9-38.78
93 Arms and ammunition; parts and accessories thereof 230.4 0.02 667.4-65.48
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3,268.6 0.34 7,332.4-55.42
95 Toys, games and sports requisites; parts and accessories thereof 1,279.3 0.13 1,566.7-18.35
96 Miscellaneous manufactured articles 242.6 0.03 624.6-61.17
99 Commodities not specified according to kind 10,937.8 1.15 10,106.48.23

US Imports from Bangladesh

The major share of US imports from Bangladesh in 2015 (and in 2014) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 96.75% of US total imports from Bangladesh (97.22% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.10% of US total imports from Bangladesh (0.99% in 2014).

The largest gains in US imports from Bangladesh in 2015 over 2014 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $324.2 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $259.9 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $49.2 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $27.9 million;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $23.4 million.

The largest declines in US imports from Bangladesh in 2015 over the 2014 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Bangladesh in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 41,803.4 0.67 30,057.339.08
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 116.2 0.00 157.7-26.35
05 Products of animal origin, not elsewhere specified or included 448.3 0.01 474.2-5.47
07 Edible vegetables and certain roots and tubers 432.4 0.01 348.823.96
08 Edible fruit and nuts; peel of citrus fruit or melons 166.5 0.00 121.037.59
09 Coffee, tea, maté and spices 1,072.3 0.02 905.518.43
10 Cereals 1,444.5 0.02 1,068.435.20
11 Products of the milling industry; malt; starches; inulin; wheat gluten 92.0 0.00 31.8189.80
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 37.9 0.00 24.853.06
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 119.2 0.00 98.221.39
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 8.0 0.00 61.1-86.82
17 Sugars and sugar confectionery 185.8 0.00 119.155.96
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,071.5 0.07 3,846.45.85
20 Preparations of vegetables, fruit, nuts or other parts of plants 594.6 0.01 448.932.47
21 Miscellaneous edible preparations 117.9 0.00 44.9162.38
22 Beverages, spirits and vinegar 512.2 0.01 311.464.49
23 Residues and waste from the food industries; prepared animal feed 2.4 0.00 0.0
24 Tobacco and manufactured tobacco substitutes 17,294.8 0.28 16,359.65.72
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 9.4 0.00 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 8.2 0.00 4.581.56
29 Organic chemicals 205.4 0.00 623.0-67.03
30 Pharmaceutical products 0.0 0.00 72.0-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 7.4 0.00 4.952.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 375.2 0.01 169.8120.93
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 9.2 0.00 79.1-88.31
38 Miscellaneous chemical products 6.6 0.00 0.0
39 Plastics and articles thereof 15,442.0 0.25 14,284.08.11
40 Rubber and articles thereof 532.3 0.01 414.628.38
41 Raw hides and skins (other than furskins) and leather 416.8 0.01 447.9-6.93
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 45,650.1 0.73 22,216.2105.48
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 105.4-100.00
44 Wood and articles of wood; wood charcoal 30.5 0.00 19.456.98
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,278.4 0.02 1,457.3-12.28
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 795.5 0.01 712.911.58
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 68.5 0.00 72.0-4.79
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 12.6-100.00
52 Cotton 310.0 0.00 168.983.55
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 17,165.8 0.28 16,537.83.80
54 Man-made filaments 1.0 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2,462.1 0.04 1,100.2123.78
57 Carpets and other textile floor coverings 6,160.6 0.10 3,395.281.45
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 140.4 0.00 113.523.79
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 11.4-100.00
60 Knitted or crocheted fabrics 10.5 0.00 1.6547.90
61 Articles of apparel and clothing accessories, knitted or crocheted 1,506,053.3 24.21 1,246,193.120.85
62 Articles of apparel and clothing accessories, not knitted or crocheted 3,945,357.6 63.43 3,621,161.88.95
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 224,949.9 3.62 197,023.314.17
64 Footwear, gaiters and the like; parts of such articles 118,413.5 1.90 69,245.371.01
65 Headgear and parts thereof 158,129.4 2.54 141,508.411.75
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 26.6 0.00 0.73,525.58
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 38,879.5 0.63 26,664.045.81
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4.7 0.00 25.8-81.74
69 Ceramic products 6,983.6 0.11 7,307.8-4.44
70 Glass and glassware 2.3 0.00 54.3-95.74
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,269.3 0.05 3,319.8-1.52
73 Articles of iron or steel 92.6 0.00 16.3468.08
76 Aluminum and articles thereof 252.2 0.00 97.3159.26
81 Other base metals; cermets; articles thereof 87.6 0.00 69.825.43
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 35.1 0.00 112.5-68.77
83 Miscellaneous articles of base metal 9.7 0.00 12.0-19.40
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 260.6 0.00 1,028.0-74.65
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 842.1 0.01 920.8-8.55
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 79.1 0.00 59.033.95
89 Ships, boats and floating structures 0.0 0.00 11.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,829.3 0.09 5,090.714.51
91 Clocks and watches and parts thereof 0.0 0.00 6.1-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.5-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 13,950.2 0.22 16,132.6-13.53
95 Toys, games and sports requisites; parts and accessories thereof 9,600.0 0.15 9,224.94.07
96 Miscellaneous manufactured articles 1,040.9 0.02 452.8129.85
97 Works of art, collectors’ pieces and antiques 45.1 0.00 0.0
99 Commodities not specified according to kind 26,178.0 0.42 13,060.5100.44
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce