US trade (export - import) with Bangladesh in 2018

Published or Updated: Jun 11, 2019

The report on US foreign trade in goods with Bangladesh in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Bangladesh

In 2018, US trade with Bangladesh totaled $8,442.5 million, up 14.77% ($1,086.3 million) from 2017.

US exports to Bangladesh in 2018 totaled $2,112.7 million, up 44.25% ($648.1 million) from 2017.

US imports from Bangladesh in 2018 totaled $6,329.8 million, up 7.44% ($438.1 million) from 2017.

US trade deficit with Bangladesh in 2018 was $4,217.1 million, a 4.74% decrease ($210.0 million) over 2017.

Bangladesh was the US 50th largest trading partner in 2018 (up from 52nd in 2017), accounting for 0.1972% of US total trade (up from 0.1860% in 2017).

Bangladesh was the US 62nd largest export market in 2018 (up from 68th in 2017), accounting for 0.1269% of US total exports (up from 0.0947% in 2017).

Bangladesh was the US 43rd largest supplier in 2018 (just as in 2017), accounting for 0.2420% of US total imports (down from 0.2446% in 2017).

US Exports to Bangladesh

The major share of US exports to Bangladesh in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 32.46% of US total exports to Bangladesh (40.99% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 26.66% of US total exports to Bangladesh (16.55% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 19.25% of US total exports to Bangladesh (20.42% in 2017);
  • Metals and products from them (HS codes 72-83) - 14.61% of US total exports to Bangladesh (13.47% in 2017);
  • Chemical products (HS codes 28-40) - 2.97% of US total exports to Bangladesh (3.71% in 2017);
  • Wood and wood products (HS codes 44-49) - 2.18% of US total exports to Bangladesh (2.42% in 2017).

The largest gains in US exports to Bangladesh in 2018 over 2017 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $276.3 million;
  • Iron and steel (HS code 72) - an increase of $118.1 million;
  • Cotton (HS code 52) - an increase of $113.0 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $64.8 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 $24.2 million;
  • Cereals (HS code 10) - an increase of $19.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $18.2 million;
  • Plastics and articles thereof (HS code 39) - an increase of $10.0 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) - an increase of $7.6 million.

The largest declines in US exports to Bangladesh in 2018 over 2017 were recorded for the following product groups:

  • Zinc and articles thereof (HS code 79) - a decrease of $8.7 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $7.4 million.
US exports to Bangladesh in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 6,026.2 0.29 4,860.423.99
03 Fish and crustaceans, molluscs and other aquatic invertebrates 111.1 0.01 654.2-83.02
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,374.3 0.21 1,463.9198.82
05 Products of animal origin, not elsewhere specified or included 12,501.7 0.59 10,981.513.84
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3.7 0.00 0.0
07 Edible vegetables and certain roots and tubers 681.9 0.03 644.75.78
08 Edible fruit and nuts; peel of citrus fruit or melons 2,074.7 0.10 1,641.926.36
09 Coffee, tea, maté and spices 167.9 0.01 31.3436.37
10 Cereals 118,576.9 5.61 99,308.619.40
11 Products of the milling industry; malt; starches; inulin; wheat gluten 107.5 0.01 28.7274.68
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 455,319.0 21.55 390,473.016.61
13 Lac; gums, resins and other vegetable saps and extracts 202.8 0.01 181.411.78
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 919.4 0.04 384.0139.43
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 114.1 0.01 0.0
17 Sugars and sugar confectionery 162.5 0.01 1,027.6-84.19
18 Cocoa and cocoa preparations 126.1 0.01 185.8-32.16
19 Preparations of cereals, flour, starch or milk; bakers’ wares 149.7 0.01 114.031.33
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,322.2 0.06 3,977.8-66.76
21 Miscellaneous edible preparations 3,382.6 0.16 1,484.5127.87
22 Beverages, spirits and vinegar 291.9 0.01 233.325.13
23 Residues and waste from the food industries; prepared animal feed 79,231.7 3.75 82,581.0-4.06
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 381.2 0.02 803.7-52.57
26 Ores, slag and ash 0.0 0.00 2.9-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 214.3 0.01 342.3-37.39
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6,185.8 0.29 6,083.91.67
29 Organic chemicals 4,434.0 0.21 4,301.03.09
30 Pharmaceutical products 12,074.7 0.57 14,936.7-19.16
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,636.6 0.12 1,512.674.30
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,427.4 0.11 2,214.09.64
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 2,125.3 0.10 2,561.8-17.04
35 Albuminoidal substances; modified starches; glues; enzymes 993.2 0.05 1,072.6-7.40
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 359.6 0.02 138.4159.89
37 Photographic or cinematographic goods 266.0 0.01 348.3-23.63
38 Miscellaneous chemical products 9,160.7 0.43 10,264.0-10.75
39 Plastics and articles thereof 19,412.8 0.92 9,460.4105.20
40 Rubber and articles thereof 2,644.7 0.13 1,415.086.90
41 Raw hides and skins (other than furskins) and leather 470.2 0.02 1,136.9-58.65
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 228.4 0.01 185.023.42
44 Wood and articles of wood; wood charcoal 8,441.5 0.40 4,644.781.74
45 Cork and articles of cork 27.1 0.00 21.625.09
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 7,120.5 0.34 4,895.545.45
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 30,052.7 1.42 25,066.619.89
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 416.7 0.02 744.3-44.02
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 225.6 0.01 93.8140.50
52 Cotton 401,110.1 18.99 288,106.839.22
54 Man-made filaments 113.6 0.01 198.5-42.80
55 Man-made staple fibers 554.9 0.03 2,505.7-77.85
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 774.8 0.04 292.7164.76
57 Carpets and other textile floor coverings 21.0 0.00 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 69.1 0.00 378.5-81.76
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2,019.5 0.10 3,943.8-48.79
60 Knitted or crocheted fabrics 507.5 0.02 2,086.9-75.68
61 Articles of apparel and clothing accessories, knitted or crocheted 188.0 0.01 878.9-78.61
62 Articles of apparel and clothing accessories, not knitted or crocheted 739.8 0.04 157.0371.15
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 163.2 0.01 306.7-46.80
64 Footwear, gaiters and the like; parts of such articles 23.2 0.00 61.3-62.10
65 Headgear and parts thereof 119.8 0.01 15.9652.33
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 85.2-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 101.7 0.00 129.9-21.71
69 Ceramic products 43.0 0.00 18.5132.67
70 Glass and glassware 671.6 0.03 724.2-7.26
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 564.9-100.00
72 Iron and steel 297,396.9 14.08 179,294.665.87
73 Articles of iron or steel 2,773.8 0.13 633.5337.87
74 Copper and articles thereof 4,907.7 0.23 6,596.5-25.60
75 Nickel and articles thereof 20.6 0.00 13.157.77
76 Aluminum and articles thereof 764.4 0.04 563.335.69
78 Lead and articles thereof 82.8 0.00 6.01,282.90
79 Zinc and articles thereof 2.8 0.00 8,750.0-99.97
81 Other base metals; cermets; articles thereof 43.5 0.00 10.8303.03
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,286.0 0.06 891.244.30
83 Miscellaneous articles of base metal 1,368.3 0.06 533.3156.58
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 144,942.9 6.86 126,777.514.33
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 55,792.8 2.64 31,568.376.74
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 1,151.8 0.05 913.726.06
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,928.6 0.23 1,684.7192.54
88 Aircraft, spacecraft, and parts thereof 303,773.4 14.38 27,463.31,006.11
89 Ships, boats and floating structures 6,495.8 0.31 13,873.9-53.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 46,133.1 2.18 40,086.915.08
91 Clocks and watches and parts thereof 113.2 0.01 21.4428.96
92 Musical instruments; parts and accessories of such articles 29.6 0.00 6.9329.46
93 Arms and ammunition; parts and accessories thereof 1,727.7 0.08 183.2843.30
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 10,899.4 0.52 3,284.8231.81
95 Toys, games and sports requisites; parts and accessories thereof 1,008.3 0.05 1,360.6-25.90
96 Miscellaneous manufactured articles 316.5 0.01 609.0-48.03
97 Works of art, collectors’ pieces and antiques 140.0 0.01 4,132.0-96.61
99 Commodities not specified according to kind 23,215.2 1.10 22,356.03.84

US Imports from Bangladesh

The major share of US imports from Bangladesh in 2018 (and in 2017) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 96.13% of US total imports from Bangladesh (96.20% in 2017).

The largest gains in US imports from Bangladesh in 2018 over 2017 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $263.5 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $104.5 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $29.5 million;
  • Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair (HS code 67) - an increase of $19.1 million.

The largest declines in US imports from Bangladesh in 2018 over the 2017 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Bangladesh in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 25,561.1 0.40 24,772.23.18
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 386.6 0.01 289.133.73
05 Products of animal origin, not elsewhere specified or included 397.3 0.01 259.952.85
07 Edible vegetables and certain roots and tubers 495.6 0.01 305.762.11
08 Edible fruit and nuts; peel of citrus fruit or melons 114.9 0.00 119.2-3.65
09 Coffee, tea, maté and spices 1,307.5 0.02 1,268.93.04
10 Cereals 2,558.4 0.04 1,824.440.23
11 Products of the milling industry; malt; starches; inulin; wheat gluten 73.3 0.00 49.548.02
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 50.4 0.00 25.597.96
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 135.8 0.00 74.781.74
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 610.5 0.01 179.4240.25
17 Sugars and sugar confectionery 396.8 0.01 371.66.78
18 Cocoa and cocoa preparations 2.8 0.00 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5,603.1 0.09 5,152.98.74
20 Preparations of vegetables, fruit, nuts or other parts of plants 755.4 0.01 743.61.58
21 Miscellaneous edible preparations 178.1 0.00 140.926.43
22 Beverages, spirits and vinegar 897.3 0.01 1,006.7-10.87
23 Residues and waste from the food industries; prepared animal feed 94.6 0.00 35.0170.41
24 Tobacco and manufactured tobacco substitutes 8,860.0 0.14 9,509.9-6.83
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 2.3-100.00
29 Organic chemicals 1,060.3 0.02 703.350.76
30 Pharmaceutical products 9,247.8 0.15 1,483.4523.41
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 122.4 0.00 319.8-61.74
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 645.0 0.01 462.139.58
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 47.8 0.00 11.9300.94
39 Plastics and articles thereof 16,431.7 0.26 15,316.17.28
40 Rubber and articles thereof 253.1 0.00 322.3-21.46
41 Raw hides and skins (other than furskins) and leather 247.5 0.00 345.9-28.45
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 62,326.6 0.98 68,116.8-8.50
43 Furskins and artificial fur; manufactures thereof 19.6 0.00 37.7-47.88
44 Wood and articles of wood; wood charcoal 11.3 0.00 9.815.76
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,737.5 0.03 1,402.523.89
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 424.2 0.01 914.4-53.61
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 112.3 0.00 104.07.90
52 Cotton 277.1 0.00 231.319.81
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 19,887.0 0.31 16,882.517.80
54 Man-made filaments 1.3 0.00 0.872.89
55 Man-made staple fibers 17.3 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4,752.7 0.08 3,635.930.72
57 Carpets and other textile floor coverings 5,482.4 0.09 4,605.919.03
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 293.5 0.00 1,439.0-79.61
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 9.1 0.00 7.325.74
60 Knitted or crocheted fabrics 5.7 0.00 5.9-4.34
61 Articles of apparel and clothing accessories, knitted or crocheted 1,534,379.7 24.24 1,429,838.37.31
62 Articles of apparel and clothing accessories, not knitted or crocheted 3,896,150.1 61.55 3,632,654.07.25
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 228,779.7 3.61 234,357.3-2.38
64 Footwear, gaiters and the like; parts of such articles 134,871.4 2.13 105,420.227.94
65 Headgear and parts thereof 189,303.6 2.99 187,119.01.17
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.7 0.00 1.8-6.36
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 70,474.8 1.11 51,338.637.27
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 36.9 0.00 2.71,277.02
69 Ceramic products 5,530.4 0.09 5,765.9-4.08
70 Glass and glassware 8.1 0.00 15.7-48.59
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 85.0 0.00 850.3-90.00
72 Iron and steel 162.5 0.00 0.0
73 Articles of iron or steel 1,646.9 0.03 105.71,458.34
74 Copper and articles thereof 18.7 0.00 59.3-68.54
76 Aluminum and articles thereof 219.9 0.00 239.6-8.19
81 Other base metals; cermets; articles thereof 229.0 0.00 313.8-27.02
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 25.9 0.00 54.5-52.53
83 Miscellaneous articles of base metal 240.2 0.00 18.61,189.55
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 205.8 0.00 102.3101.22
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 730.2 0.01 328.2122.49
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 32.2 0.00 89.2-63.94
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,201.0 0.19 9,983.222.22
91 Clocks and watches and parts thereof 521.8 0.01 0.0
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 19,989.6 0.32 10,188.396.20
95 Toys, games and sports requisites; parts and accessories thereof 10,025.4 0.16 11,623.5-13.75
96 Miscellaneous manufactured articles 2,536.1 0.04 2,120.519.60
97 Works of art, collectors’ pieces and antiques 102.8 0.00 91.712.08
99 Commodities not specified according to kind 49,387.8 0.78 46,470.26.28
179,294.6/td
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce