US trade (export - import) with Bangladesh in 2017

Published or Updated: Apr 29, 2018

The report on US foreign trade in goods with Bangladesh in 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bangladesh

In 2017, US trade with Bangladesh totaled $7,356.2 million, up 4.83% ($338.8 million) from 2016.

US exports to Bangladesh in 2017 totaled $1,464.6 million, up 63.57% ($569.2 million) from 2016.

US imports from Bangladesh in 2017 were $5,891.6 million, down 3.76% ($230.4 million) from 2016.

US trade deficit with Bangladesh in 2017 was $4,427.1 million, a 15.30% decrease ($799.6 million) over 2016.

Bangladesh was the US 52nd largest trading partner in 2017 (down from 50th in 2016), accounting for 0.1860% of US total trade (down from 0.1895% in 2016).

Bangladesh was the US 68th largest export market in 2017 (up from 79th in 2016), accounting for 0.0947% of US total exports (up from 0.0616% in 2016).

Bangladesh was the US 43rd largest supplier in 2017 (down from 41st in 2016), accounting for 0.2446% of US total imports (down from 0.2721% in 2016).

US Exports to Bangladesh

The major share of US exports to Bangladesh in 2017 (and in 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 40.99% of US total exports to Bangladesh (45.02% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 20.42% of US total exports to Bangladesh (11.98% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 16.55% of US total exports to Bangladesh (19.17% in 2016);
  • Metals and products from them (HS codes 72-83) - 13.47% of US total exports to Bangladesh (10.94% in 2016);
  • Chemical products (HS codes 28-40) - 3.71% of US total exports to Bangladesh (6.16% in 2016);
  • Wood and wood products (HS codes 44-49) - 2.42% of US total exports to Bangladesh (4.10% in 2016).

The largest gains in US exports to Bangladesh in 2017 over 2016 were recorded for the following product groups:

  • Cotton (HS code 52) - an increase of $192.4 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $141.2 million;
  • Iron and steel (HS code 72) - an increase of $107.8 million;
  • Cereals (HS code 10) - an increase of $47.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $43.5 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $14.0 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $13.8 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $10.9 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $10.7 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) - an increase of $9.1 million.

The largest declines in US exports to Bangladesh in 2017 over 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $9.1 million;
  • Zinc and articles thereof (HS code 79) - a decrease of $7.8 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $4.7 million.
US exports to Bangladesh in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
01 Live animals 4,860.4 0.33 4,531.07.27
02 Meat and edible meat offal 0.0 0.00 37.3-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 654.2 0.04 743.6-12.03
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,463.9 0.10 615.3137.92
05 Products of animal origin, not elsewhere specified or included 10,981.5 0.75 15,305.4-28.25
07 Edible vegetables and certain roots and tubers 644.7 0.04 747.2-13.72
08 Edible fruit and nuts; peel of citrus fruit or melons 1,641.9 0.11 3,427.6-52.10
09 Coffee, tea, maté and spices 31.3 0.00 39.0-19.71
10 Cereals 99,308.6 6.78 52,105.890.59
11 Products of the milling industry; malt; starches; inulin; wheat gluten 28.7 0.00 8.1255.65
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 390,473.0 26.66 249,296.756.63
13 Lac; gums, resins and other vegetable saps and extracts 181.4 0.01 269.4-32.65
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 384.0 0.03 621.4-38.20
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 19.9-100.00
17 Sugars and sugar confectionery 1,027.6 0.07 283.3262.74
18 Cocoa and cocoa preparations 185.8 0.01 27.9566.31
19 Preparations of cereals, flour, starch or milk; bakers’ wares 114.0 0.01 171.1-33.38
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,977.8 0.27 1,231.5223.00
21 Miscellaneous edible preparations 1,484.5 0.10 1,099.035.07
22 Beverages, spirits and vinegar 233.3 0.02 172.135.54
23 Residues and waste from the food industries; prepared animal feed 82,581.0 5.64 71,865.814.91
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 515.6-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 803.7 0.05 541.448.43
26 Ores, slag and ash 2.9 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 342.3 0.02 406.2-15.74
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6,083.9 0.42 4,925.323.52
29 Organic chemicals 4,301.0 0.29 4,843.3-11.20
30 Pharmaceutical products 14,936.7 1.02 12,463.219.85
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,512.6 0.10 2,123.6-28.77
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,214.0 0.15 2,461.8-10.07
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 2,561.8 0.17 2,194.916.72
35 Albuminoidal substances; modified starches; glues; enzymes 1,072.6 0.07 516.4107.71
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 138.4 0.01 243.4-43.17
37 Photographic or cinematographic goods 348.3 0.02 469.3-25.78
38 Miscellaneous chemical products 10,264.0 0.70 12,298.7-16.54
39 Plastics and articles thereof 9,460.4 0.65 11,370.2-16.80
40 Rubber and articles thereof 1,415.0 0.10 1,277.010.81
41 Raw hides and skins (other than furskins) and leather 1,136.9 0.08 117.7866.17
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 185.0 0.01 194.6-4.91
44 Wood and articles of wood; wood charcoal 4,644.7 0.32 9,376.8-50.47
45 Cork and articles of cork 21.6 0.00 10.4108.65
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 4,895.5 0.33 4,403.411.18
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 25,066.6 1.71 22,436.111.72
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 744.3 0.05 463.460.61
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 93.8 0.01 19.5380.35
52 Cotton 288,106.8 19.67 95,722.1200.98
54 Man-made filaments 198.5 0.01 512.7-61.28
55 Man-made staple fibers 2,505.7 0.17 3,126.8-19.87
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 292.7 0.02 270.18.35
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 378.5 0.03 129.5192.33
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,943.8 0.27 1,849.8113.20
60 Knitted or crocheted fabrics 2,086.9 0.14 3,461.7-39.71
61 Articles of apparel and clothing accessories, knitted or crocheted 878.9 0.06 1,579.6-44.36
62 Articles of apparel and clothing accessories, not knitted or crocheted 157.0 0.01 270.1-41.87
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 306.7 0.02 242.626.43
64 Footwear, gaiters and the like; parts of such articles 61.3 0.00 36.468.30
65 Headgear and parts thereof 15.9 0.00 26.0-38.71
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 85.2 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 129.9 0.01 56.6129.44
69 Ceramic products 18.5 0.00 6.0207.63
70 Glass and glassware 724.2 0.05 256.3182.62
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 564.9 0.04 530.86.43
72 Iron and steel 179,294.6 12.24 71,514.5150.71
73 Articles of iron or steel 633.5 0.04 2,907.2-78.21
74 Copper and articles thereof 6,596.5 0.45 5,054.230.51
75 Nickel and articles thereof 13.1 0.00 233.4-94.39
76 Aluminum and articles thereof 563.3 0.04 127.3342.47
78 Lead and articles thereof 6.0 0.00 24.4-75.49
79 Zinc and articles thereof 8,750.0 0.60 16,562.8-47.17
80 Tin and articles thereof 0.0 0.00 176.0-100.00
81 Other base metals; cermets; articles thereof 10.8 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 891.2 0.06 1,199.3-25.69
83 Miscellaneous articles of base metal 533.3 0.04 119.6346.01
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 126,777.5 8.66 83,325.452.15
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 31,568.3 2.16 22,422.640.79
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 913.7 0.06 887.42.96
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,684.7 0.12 2,228.5-24.40
88 Aircraft, spacecraft, and parts thereof 27,463.3 1.88 13,472.0103.86
89 Ships, boats and floating structures 13,873.9 0.95 84.016,421.30
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 40,086.9 2.74 49,206.6-18.53
91 Clocks and watches and parts thereof 21.4 0.00 2.6722.91
92 Musical instruments; parts and accessories of such articles 6.9 0.00 28.1-75.45
93 Arms and ammunition; parts and accessories thereof 183.2 0.01 206.0-11.08
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 3,284.8 0.22 7,455.5-55.94
95 Toys, games and sports requisites; parts and accessories thereof 1,360.6 0.09 1,454.1-6.43
96 Miscellaneous manufactured articles 609.0 0.04 797.1-23.59
97 Works of art, collectors’ pieces and antiques 4,132.0 0.28 15.925,946.39
99 Commodities not specified according to kind 22,356.0 1.53 11,499.394.41

US Imports from Bangladesh

The major share of US imports from Bangladesh in 2017 (and in 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 96.20% of US total imports from Bangladesh (96.19% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.78% of US total imports from Bangladesh (1.53% in 2016).

The largest gains in US imports from Bangladesh in 2017 over 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $26.9 million.

The largest declines in US imports from Bangladesh in 2017 over the 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $256.0 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $41.9 million.
US imports from Bangladesh in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 24,772.2 0.42 66,646.6-62.83
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 289.1 0.00 209.038.31
05 Products of animal origin, not elsewhere specified or included 259.9 0.00 48.3438.64
07 Edible vegetables and certain roots and tubers 305.7 0.01 230.532.64
08 Edible fruit and nuts; peel of citrus fruit or melons 119.2 0.00 103.814.83
09 Coffee, tea, maté and spices 1,268.9 0.02 773.464.06
10 Cereals 1,824.4 0.03 1,978.2-7.77
11 Products of the milling industry; malt; starches; inulin; wheat gluten 49.5 0.00 75.8-34.62
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 25.5 0.00 55.1-53.82
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 9.0-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 74.7 0.00 54.038.47
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 179.4 0.00 864.7-79.25
17 Sugars and sugar confectionery 371.6 0.01 271.636.80
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5,152.9 0.09 4,806.17.22
20 Preparations of vegetables, fruit, nuts or other parts of plants 743.6 0.01 661.912.34
21 Miscellaneous edible preparations 140.9 0.00 162.2-13.17
22 Beverages, spirits and vinegar 1,006.7 0.02 639.757.37
23 Residues and waste from the food industries; prepared animal feed 35.0 0.00 49.8-29.77
24 Tobacco and manufactured tobacco substitutes 9,509.9 0.16 16,106.1-40.95
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2.3 0.00 0.0
29 Organic chemicals 703.3 0.01 888.3-20.83
30 Pharmaceutical products 1,483.4 0.03 454.8226.16
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 319.8 0.01 16.71,810.86
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 462.1 0.01 323.542.85
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 11.9 0.00 23.6-49.58
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 52.4-100.00
38 Miscellaneous chemical products 0.0 0.00 136.8-100.00
39 Plastics and articles thereof 15,316.1 0.26 15,831.9-3.26
40 Rubber and articles thereof 322.3 0.01 382.8-15.79
41 Raw hides and skins (other than furskins) and leather 345.9 0.01 286.720.65
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 68,116.8 1.16 61,677.810.44
43 Furskins and artificial fur; manufactures thereof 37.7 0.00 0.0
44 Wood and articles of wood; wood charcoal 9.8 0.00 17.7-44.62
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,402.5 0.02 1,359.13.19
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 914.4 0.02 1,003.7-8.90
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 104.0 0.00 98.45.69
50 Silk 0.0 0.00 44.8-100.00
52 Cotton 231.3 0.00 54.1327.62
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 16,882.5 0.29 17,280.8-2.30
54 Man-made filaments 0.8 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3,635.9 0.06 2,244.462.00
57 Carpets and other textile floor coverings 4,605.9 0.08 4,833.9-4.72
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 1,439.0 0.02 452.1218.29
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 7.3 0.00 0.0
60 Knitted or crocheted fabrics 5.9 0.00 23.3-74.45
61 Articles of apparel and clothing accessories, knitted or crocheted 1,429,838.3 24.27 1,421,977.00.55
62 Articles of apparel and clothing accessories, not knitted or crocheted 3,632,654.0 61.66 3,888,618.4-6.58
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 234,357.3 3.98 217,681.87.66
64 Footwear, gaiters and the like; parts of such articles 105,420.2 1.79 108,038.3-2.42
65 Headgear and parts thereof 187,119.0 3.18 181,739.82.96
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.8 0.00 1.340.22
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 51,338.6 0.87 45,782.512.14
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2.7 0.00 5.0-46.02
69 Ceramic products 5,765.9 0.10 5,624.92.51
70 Glass and glassware 15.7 0.00 35.3-55.39
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 850.3 0.01 1,740.5-51.15
73 Articles of iron or steel 105.7 0.00 203.0-47.94
74 Copper and articles thereof 59.3 0.00 29.998.74
76 Aluminum and articles thereof 239.6 0.00 270.4-11.39
81 Other base metals; cermets; articles thereof 313.8 0.01 55.5464.94
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 54.5 0.00 25.9110.49
83 Miscellaneous articles of base metal 18.6 0.00 75.9-75.48
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 102.3 0.00 731.8-86.02
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 328.2 0.01 812.4-59.60
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 89.2 0.00 4.41,947.68
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9,983.2 0.17 8,490.017.59
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 10,188.3 0.17 7,486.336.09
95 Toys, games and sports requisites; parts and accessories thereof 11,623.5 0.20 10,309.812.74
96 Miscellaneous manufactured articles 2,120.5 0.04 1,280.565.60
97 Works of art, collectors’ pieces and antiques 91.7 0.00 128.9-28.86
99 Commodities not specified according to kind 46,470.2 0.79 19,616.0136.90
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce