US trade (export - import) with Bangladesh in 2016

Published or Updated: Apr 16, 2017

The report on US foreign trade in goods with Bangladesh in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Bangladesh

In 2016, US trade with Bangladesh was $7,017.4 million, down 2.10% ($150.7 million) from 2015.

US exports to Bangladesh in 2016 were $895.4 million, down 5.56% ($52.7 million) from 2015.

US imports from Bangladesh in 2016 were $6,122.0 million, down 1.58% ($98.0 million) from 2015.

US trade deficit with Bangladesh in 2016 was $5,226.6 million, a 0.86% decrease ($45.3 million) over 2015.

Bangladesh was the US 50th largest trading partner in 2016 (up from 51st in 2015), accounting for 0.1895% of US total trade (up from 0.1881% in 2015).

Bangladesh was the US 79th largest export market in 2016 (down from 77th in 2015), accounting for 0.0616% of US total exports (down from 0.0630% in 2015).

Bangladesh was the US 41st largest supplier in 2016 (down from 38th in 2015), accounting for 0.2721% of US total imports (up from 0.2696% in 2015).

US Exports to Bangladesh

The major share of US exports to Bangladesh in 2016 (and in 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 45.02% of US total exports to Bangladesh (45.35% in 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 19.17% of US total exports to Bangladesh (29.78% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 11.98% of US total exports to Bangladesh (9.34% in 2015);
  • Metals and products from them (HS codes 72-83) - 10.94% of US total exports to Bangladesh (6.74% in 2015);
  • Chemical products (HS codes 28-40) - 6.16% of US total exports to Bangladesh (4.85% in 2015);
  • Wood and wood products (HS codes 44-49) - 4.10% of US total exports to Bangladesh (2.00% in 2015).

The largest gains in US exports to Bangladesh in 2016 over 2015 were recorded for the following product groups:

  • Cotton (HS code 52) - an increase of $23,349.2 thousand;
  • Iron and steel (HS code 72) - an increase of $22,132.7 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $21,587.6 thousand;
  • Cereals (HS code 10) - an increase of $19,384.4 thousand;
  • Zinc and articles thereof (HS code 79) - an increase of $16,555.8 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $16,006.8 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $12,050.1 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $6,293.0 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $4,330.9 thousand;
  • 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) - an increase of $4,186.9 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $3,107.1 thousand;
  • Live animals (HS code 01) - an increase of $2,724.8 thousand.

The largest declines in US exports to Bangladesh in 2016 over 2015 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $101,933.7 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $59,505.7 thousand;
  • 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 $12,807.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $11,826.4 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $7,690.5 thousand;
  • Man-made staple fibers (HS code 55) - a decrease of $6,550.8 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $4,459.4 thousand;
  • Copper and articles thereof (HS code 74) - a decrease of $3,507.5 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $2,920.6 thousand.
US exports to Bangladesh in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 4,531.0 0.51 1,806.2150.86
02 Meat and edible meat offal 37.3 0.00 4.5729.71
03 Fish and crustaceans, molluscs and other aquatic invertebrates 743.6 0.08 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 615.3 0.07 5,074.7-87.88
05 Products of animal origin, not elsewhere specified or included 15,305.4 1.71 22,995.9-33.44
07 Edible vegetables and certain roots and tubers 747.2 0.08 400.186.76
08 Edible fruit and nuts; peel of citrus fruit or melons 3,427.6 0.38 3,243.75.67
09 Coffee, tea, maté and spices 39.0 0.00 7.2442.97
10 Cereals 52,105.8 5.82 32,721.459.24
11 Products of the milling industry; malt; starches; inulin; wheat gluten 8.1 0.00 6.621.94
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 249,296.7 27.84 308,802.4-19.27
13 Lac; gums, resins and other vegetable saps and extracts 269.4 0.03 136.797.05
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 621.4 0.07 110.7461.36
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 19.9 0.00 6.0231.98
17 Sugars and sugar confectionery 283.3 0.03 788.6-64.08
18 Cocoa and cocoa preparations 27.9 0.00 362.3-92.30
19 Preparations of cereals, flour, starch or milk; bakers’ wares 171.1 0.02 297.7-42.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,231.5 0.14 770.659.81
21 Miscellaneous edible preparations 1,099.0 0.12 1,014.68.33
22 Beverages, spirits and vinegar 172.1 0.02 102.767.56
23 Residues and waste from the food industries; prepared animal feed 71,865.8 8.03 50,278.242.94
24 Tobacco and manufactured tobacco substitutes 515.6 0.06 1,040.6-50.45
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 541.4 0.06 323.467.40
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 406.2 0.05 373.08.90
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,925.3 0.55 5,160.2-4.55
29 Organic chemicals 4,843.3 0.54 2,316.0109.13
30 Pharmaceutical products 12,463.2 1.39 10,870.414.65
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,123.6 0.24 5,044.2-57.90
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,461.8 0.27 2,473.6-0.48
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 2,194.9 0.25 1,682.430.46
35 Albuminoidal substances; modified starches; glues; enzymes 516.4 0.06 358.444.08
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 243.4 0.03 186.230.72
37 Photographic or cinematographic goods 469.3 0.05 306.753.02
38 Miscellaneous chemical products 12,298.7 1.37 9,191.733.80
39 Plastics and articles thereof 11,370.2 1.27 7,039.261.53
40 Rubber and articles thereof 1,277.0 0.14 1,382.5-7.63
41 Raw hides and skins (other than furskins) and leather 117.7 0.01 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 194.6 0.02 150.529.32
44 Wood and articles of wood; wood charcoal 9,376.8 1.05 3,083.8204.06
45 Cork and articles of cork 10.4 0.00 9.113.79
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 4,403.4 0.49 4,961.0-11.24
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 22,436.1 2.51 10,386.0116.02
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 463.4 0.05 484.2-4.29
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 19.5 0.00 152.8-87.22
52 Cotton 95,722.1 10.69 72,372.832.26
54 Man-made filaments 512.7 0.06 26.51,838.16
55 Man-made staple fibers 3,126.8 0.35 9,677.6-67.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 270.1 0.03 368.8-26.76
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 129.5 0.01 300.1-56.85
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,849.8 0.21 3,299.0-43.93
60 Knitted or crocheted fabrics 3,461.7 0.39 1,913.280.94
61 Articles of apparel and clothing accessories, knitted or crocheted 1,579.6 0.18 50.53,028.96
62 Articles of apparel and clothing accessories, not knitted or crocheted 270.1 0.03 99.6171.30
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 242.6 0.03 236.52.56
64 Footwear, gaiters and the like; parts of such articles 36.4 0.00 38.1-4.48
65 Headgear and parts thereof 26.0 0.00 2.8838.43
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 56.6 0.01 35.360.51
69 Ceramic products 6.0 0.00 16.4-63.44
70 Glass and glassware 256.3 0.03 431.2-40.57
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 530.8 0.06 1,086.9-51.17
72 Iron and steel 71,514.5 7.99 49,381.844.82
73 Articles of iron or steel 2,907.2 0.32 3,372.6-13.80
74 Copper and articles thereof 5,054.2 0.56 8,561.7-40.97
75 Nickel and articles thereof 233.4 0.03 0.0
76 Aluminum and articles thereof 127.3 0.01 1,463.0-91.30
78 Lead and articles thereof 24.4 0.00 0.0
79 Zinc and articles thereof 16,562.8 1.85 6.9238,900.87
80 Tin and articles thereof 176.0 0.02 0.0
81 Other base metals; cermets; articles thereof 0.0 0.00 25.1-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,199.3 0.13 674.877.74
83 Miscellaneous articles of base metal 119.6 0.01 379.4-68.48
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 83,325.4 9.31 95,151.8-12.43
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 22,422.6 2.50 35,230.1-36.35
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 887.4 0.10 1,450.6-38.83
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,228.5 0.25 1,496.548.91
88 Aircraft, spacecraft, and parts thereof 13,472.0 1.50 115,405.7-88.33
89 Ships, boats and floating structures 84.0 0.01 404.4-79.23
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 49,206.6 5.50 33,199.848.21
91 Clocks and watches and parts thereof 2.6 0.00 7.4-65.05
92 Musical instruments; parts and accessories of such articles 28.1 0.00 52.0-46.00
93 Arms and ammunition; parts and accessories thereof 206.0 0.02 230.4-10.60
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 7,455.5 0.83 3,268.6128.09
95 Toys, games and sports requisites; parts and accessories thereof 1,454.1 0.16 1,279.313.66
96 Miscellaneous manufactured articles 797.1 0.09 242.6228.63
97 Works of art, collectors’ pieces and antiques 15.9 0.00 0.0
99 Commodities not specified according to kind 11,499.3 1.28 10,937.85.13

US Imports from Bangladesh

The major share of US imports from Bangladesh in 2016 (and in 2015) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 96.19% of US total imports from Bangladesh (96.75% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.53% of US total imports from Bangladesh (1.10% in 2015).

The largest gains in US imports from Bangladesh in 2016 over 2015 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $24,843.2 thousand;
  • Headgear and parts thereof (HS code 65) - an increase of $23,610.3 thousand.

The largest declines in US imports from Bangladesh in 2016 over the 2015 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $84,076.3 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $56,739.2 thousand.
US imports from Bangladesh in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 66,646.6 1.09 41,803.459.43
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 209.0 0.00 116.279.92
05 Products of animal origin, not elsewhere specified or included 48.3 0.00 448.3-89.24
07 Edible vegetables and certain roots and tubers 230.5 0.00 432.4-46.70
08 Edible fruit and nuts; peel of citrus fruit or melons 103.8 0.00 166.5-37.63
09 Coffee, tea, maté and spices 773.4 0.01 1,072.3-27.87
10 Cereals 1,978.2 0.03 1,444.536.95
11 Products of the milling industry; malt; starches; inulin; wheat gluten 75.8 0.00 92.0-17.66
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 55.1 0.00 37.945.48
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 9.0 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 54.0 0.00 119.2-54.74
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 864.7 0.01 8.010,646.47
17 Sugars and sugar confectionery 271.6 0.00 185.846.22
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,806.1 0.08 4,071.518.04
20 Preparations of vegetables, fruit, nuts or other parts of plants 661.9 0.01 594.611.32
21 Miscellaneous edible preparations 162.2 0.00 117.937.59
22 Beverages, spirits and vinegar 639.7 0.01 512.224.90
23 Residues and waste from the food industries; prepared animal feed 49.8 0.00 2.41,998.11
24 Tobacco and manufactured tobacco substitutes 16,106.1 0.26 17,294.8-6.87
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 9.4-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 8.2-100.00
29 Organic chemicals 888.3 0.01 205.4332.54
30 Pharmaceutical products 454.8 0.01 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 16.7 0.00 7.4125.37
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 323.5 0.01 375.2-13.79
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 23.6 0.00 9.2155.55
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 52.4 0.00 0.0
38 Miscellaneous chemical products 136.8 0.00 6.61,972.53
39 Plastics and articles thereof 15,831.9 0.26 15,442.02.53
40 Rubber and articles thereof 382.8 0.01 532.3-28.09
41 Raw hides and skins (other than furskins) and leather 286.7 0.00 416.8-31.21
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 61,677.8 1.01 45,650.135.11
44 Wood and articles of wood; wood charcoal 17.7 0.00 30.5-42.07
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,359.1 0.02 1,278.46.32
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,003.7 0.02 795.526.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 98.4 0.00 68.543.67
50 Silk 44.8 0.00 0.0
52 Cotton 54.1 0.00 310.0-82.55
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 17,280.8 0.28 17,165.80.67
54 Man-made filaments 0.0 0.00 1.0-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2,244.4 0.04 2,462.1-8.84
57 Carpets and other textile floor coverings 4,833.9 0.08 6,160.6-21.54
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 452.1 0.01 140.4221.90
60 Knitted or crocheted fabrics 23.3 0.00 10.5121.35
61 Articles of apparel and clothing accessories, knitted or crocheted 1,421,977.0 23.23 1,506,053.3-5.58
62 Articles of apparel and clothing accessories, not knitted or crocheted 3,888,618.4 63.52 3,945,357.6-1.44
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 217,681.8 3.56 224,949.9-3.23
64 Footwear, gaiters and the like; parts of such articles 108,038.3 1.76 118,413.5-8.76
65 Headgear and parts thereof 181,739.8 2.97 158,129.414.93
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.3 0.00 26.6-95.24
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 45,782.5 0.75 38,879.517.75
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 5.0 0.00 4.75.43
69 Ceramic products 5,624.9 0.09 6,983.6-19.46
70 Glass and glassware 35.3 0.00 2.31,426.64
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,740.5 0.03 3,269.3-46.76
73 Articles of iron or steel 203.0 0.00 92.6119.14
74 Copper and articles thereof 29.9 0.00 0.0
76 Aluminum and articles thereof 270.4 0.00 252.27.20
81 Other base metals; cermets; articles thereof 55.5 0.00 87.6-36.56
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 25.9 0.00 35.1-26.28
83 Miscellaneous articles of base metal 75.9 0.00 9.7685.48
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 731.8 0.01 260.6180.86
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 812.4 0.01 842.1-3.52
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4.4 0.00 79.1-94.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,490.0 0.14 5,829.345.64
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 7,486.3 0.12 13,950.2-46.34
95 Toys, games and sports requisites; parts and accessories thereof 10,309.8 0.17 9,600.07.39
96 Miscellaneous manufactured articles 1,280.5 0.02 1,040.923.02
97 Works of art, collectors’ pieces and antiques 128.9 0.00 45.1185.64
99 Commodities not specified according to kind 19,616.0 0.32 26,178.0-25.07
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce