Bangladesh To Accumulate The Imports Of Palm Oil From Malaysia 2022: Bangladesh Imports & Exports

 Malaysia is the world’s second-largest supplier of palm oil. As per the current market analysis reports and Bangladesh import data, Bangladesh is looking to increase its palm oil imports from Malaysia. In 2021, according to Bangladesh Import Data Year Wise Bangladesh imported palm oil worth $2.6 billion. In 2021, Malaysia’s export share was $186 million.

On a global level, Indonesia and Malaysia are the two largest exporter countries of palm oil with a share of 75% and 15% respectively. You can get access to our huge database and gain insights into the trade statistics and strategies of Bangladesh export data year-wise.

Palm Imports by Country in 1000 MT 

Bangladesh ranks 6th position as the global largest importer country of palm oil. Whereas India remains the top importer country to import palm oil followed by China and EU-27.

Rank & Country	Imports (1000 MT)
India	8,450
China	7,100
EU-27	6,600
Pakistan	3,550
United States	1,625
Bangladesh	1,390
Egypt	1,200
Philippines	1,200
Kenya	1,080
Russian	1,075

Bangladesh Palm Oil Import Throughout 2021

Quarter	Value In USD ($)	Unit	Year
Quarter-1	$380	Million	2021
Quarter-2	$689	Million	2021
Quarter-3	$794	Million	2021
Quarter-4	$797	Million	2021

As you can see the imports of palm oil of this country from the world kept increasing with each quarter in 2021 based on Bangladesh import data year wise.

As the country looking to expand its global market share of the industry, Malaysia is eager to accumulate the export of palm oil to Bangladesh. Bangladesh with its annual imports of $1 million tons of palm oil, can become a sustainable market for Malaysia's palm oil exports. In regard to this, the government of Malaysia has also been interacting with other countries such as Iran and Saudi Arabia in the Middle east.

Malaysia Export to Bangladesh

Based on Malaysia export data and Bangladesh import data by hs code, some of the top exports products of Malaysia to Bangladesh have given below:

Commodity	Value In USD ($)	Year
Mineral oils, fuels & distillation products	$405.72 Million	2020
Animal-Vegetable fats & oils, cleavage products	$213.74 Million	2020
Plastics	$95.91 Million	2020
Machinery, nuclear reactors, boilers	$83.58 Million	2020
Aluminum	$57.10 Million	2020
Salt, sulfur, earth, stone, plaster, lime & cement	$46.28 Million	2020
Rubbers	$31.95 Million	2020
Miscellaneous chemical products	$31.04 Million	2020
Organic chemicals	$24.60 Million	2020
Cotton	$22.84 Million	2020

Malaysia and Indonesia are the two largest producers and exporters of palm oil in the world. Nations such as India, Bangladesh, and many other Asian countries extremely depend on them to meet the required demand of their country's edible oil.

To know more and to gain full transparency into the trade activities of Bangladesh import and export or Malaysia import & export or any other global country, you can connect to us as Exim offers top-notch world-class customs global import-export marketing services and solutions.

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Bangladesh Custom Import-Export Data To Discover Exporters And Importers For Your Trade Business

 Bangladesh Import-Export Data is a collection of systematic records based on the trade activities of this country. The customs import-export data and market analysis reports and research data of Bangladesh cover all the trade-related activity that takes place in Bangladesh throughout the year.

The market intelligence reports Exim provides cover all the major fields of trade including the Names of Importer & Exporter, Products Description, Mode of Transportation, Date of Shipment, Shipment & Consignment Details, Port Name & Details, Foreign County, Unit, Rate, Weight, Volume, USD Value, Address of Buyer & Supplier, and so on.

Exim market intelligence reports on Bangladesh trade allow you to monitor and acknowledge the ongoing demand and trend in the global trade market. This information assists you in your various business decision-making processes.

Looking Deep Into Bangladesh Import Data Year Wise

➢ The total trade value of Bangladesh imports in the year 2019 was recorded at $64.86 billion declined by 0.95% from 2018.

➢ The total trade value of Bangladesh imports in the year 2020 was recorded at $60.25 billion declined by 7.1% from 2019.

Trade Statistics of Bangladesh 2021 

➢ Trade Balance of Bangladesh as of Oct 2021: $-2.57 billion

➢ Total Imports of Bangladesh as of Oct 2021: $6.14 billion

➢ Total Exports of Bangladesh as of Oct 2021: $3.57 billion

➢ Current Account: $-45.32 billion

Get access to Bangladesh Import Data Year-Wise and gain crucial insights into the trade strategies and statistics the big traders of this county use for their foreign trade business through Exim trade data and take your trade business to greater heights.

What are the top exports of Bangladesh?

Feathers, Hair, & Artificial Flowers $133.9 million (0.3%), Fish $461.8 million (1.1%), Animal/Vegetable Oils, Waxes & Fats $139.7 million (0.3%), Footwear $998.9 million (2.4%), Knit or Crochet & Clothing Accessories $18.7 billion (45.2%), Worn Clothing & Miscellaneous Textiles $1.2 billion (2.8%), Woven Fabric & Paper Yarn $728.8 million (1.8%), Headgear $288.6 million (0.7%), Not Knit or Crochet Clothing Accessories $16.6 billion (40.2%), and Leather/ Animal Gut Articles $305.4 million (0.7%) were the top exported products of Bangladesh during 2020 according to Bangladesh Export Data By HS Code.

Bangladesh Imports by Country

Based on Bangladesh trade statistics, India, Singapore, Hong Kong, South Korea, China, Malaysia, Kuwait, Indonesia, Brazil, Japan were some of the top import partner countries of this nation during 2020 according to Bangladesh Import Data 2020. Get more exclusive info on Bangladesh imports through Exim’s customized marketing intelligence reports and research data and stay ahead of your competitors.

The market intelligence reports of Exim trade data help you connect with the companies that match your business profile as per the requirements of your services.

For more info, you can connect to us directly or visit our official website for a quick and on-point overview of your current import-export trade statistics and strategies.

Why Is Us Import-Export Data Important And What Information Does It Contain?

 The US customs import-export data contains useful information on all the import-export trade activities that take place in this country throughout the year. This information allows you to track and monitor the trade activities of the US top exporters and importers, and the top products they deal in.

The USA Imports Data By Country and the customized data Exim’s provides covers all the major fields of trade business including HS Codes, Date, Products Description, Port Name & Details, Origin Country, Shipment & Consignment Details, Name of Importer & Exporter, Rates, Volume, Unit, Quantity, Weight, address of Importer & Exporter, Mode of Transportation and so on.

Exim trade data provides 100% genuine, up-to-date, authentic, and reliable import-export customs data on various global countries at the most affordable cost. The data Exim offer is based on factual sources of information such as Import Bills, Invoices, Shipping Bills, and some other crucial import-export document required for trade across international borders.

Yearly Import-Export Trade Value and Shipment Record Data

Given below data is based on US trade statistics throughout the years collected and sourced by the field of experts through various sources of information.

❖ The total trade value of the US imports in the year 2016 was recorded at $2,739.69 billion declined by 1.89% from 2015.

❖ The total trade value of the US imports in the year 2017 was recorded at $2,930.09 billion, an increase of 6.95% from 2016.

❖ The total trade value of the US imports in the year 2018 was recorded at $3,138.16 billion, an increase of 7.1% from 2017.

❖ The total trade value of the US imports in the year 2019 was recorded at $3,125.22billion declined by 0.41% from 2018.

Exports

❖ The total trade value of the US exports in the year 2016 was recorded at $2,227.17 billion declined by 1.71% from 2015.

❖ The total trade value of the US exports in the year 2017 was recorded at $2,374.56 billion, an increase of 6.62% from 2016.

❖ The total trade value of the US exports in the year 2018 was recorded at $2,528.70 billion, an increase of 6.49% from 2017.

❖ The total trade value of the US exports in the year 2019 was recorded at $2,514.75 billion declined by 0.55% from 2018.

The data we provide helps you compare prices, Taxes, and Quantity of duty of goods and services being exported and imported into the global trade market through Exim’s smartly developed tools and data.

What Does The USA Import The Most?

According to the US Import Data By Products and us import trade statistics, Vehicles $254.4 billion(10.6%), Pharmaceuticals $139.5 billion (5.8%), Machinery &  Computers $361.6 billion (15%), Electrical Machinery & Equipment $343.5 billion (14.3%), Mineral Oils & Fuels $130.1 billion (5.4%), Organic Chemicals $55.9 billion (2.3%), Precious Metals & Gems $107 billion (4.4%), Technical,Optical & Medical Apparatus $90.9 billion (3.8%), Plastics & Articles of Plastics $62.5 billion (2.6%), Sign, Prefab Buildings, Furniture, Lighting & Bedding $65.5 billion (2.7%) were the major exports of the USA during 2020. These top imports categories accounted for 66.9% of the total imports of the USA in 2020.

Name Of The Major Trading Partners Of The US

According to market analysis reports, Canada $255 billion (17.8%), China $124 billion (8.71%), United Kingdom $58 billion (4.12%), Mexico $212 billion (14.8%), Japan $64 billion (4.48%), Germany $57 billion (3.99%), Brazil $35 billion (2.45%), Korea $51 billion (3.58%), Netherlands $45 billion (3.18%), and other Asian countries $30 billion (2.13%) were the major exports partners of this country according to US Export Data 2020.

For more info, you can connect to us directly or visit our official website for a quick and on-point overview of your current import-export trade statistics and strategies.

Philippines Trade Strategies And Custom Import-Export Data

 In 2020, the Philippines was the world’s 34th largest importer and 43rd largest exporter country across the world.

The Philippines Import Trade Data that Exim Trade Data provides covers all business activities of this country as well as allow you to monitor the strategies that are being used by your potential business competitors in the import-export trade business.

To make sure the data we provide to our clients is 100% genuine and reliable we collect Philippines import-export trade data from the most reliable and authorized sources of information such as Trade Associations, Customs Departments, Shipping & Logistics Companies, Port Authorities, Government Bodies, and some other authorized sources of links.

The data we offer is based on reliable and factual information sourced from Invoices, Shipping, Bills, Import Bills, and some other import-export documents required for trade business across foreign countries.

The custom import-export data Exim Trade Data provides helps trading partners evaluate potential buyers and suppliers across countries based on their trading history and shipping records.

Shipment Record and Total Import-Export Trade Value of USA

➢ Philippines imports in 2019 were worth $152.46 billion.

➢ Philippines imports in 2020 were worth $119.24 billion.

➢ Philippines exports in 2019 were worth $160.95 billion.

➢ Philippines exports in 2020 were worth $91.05 billion.

Philippines trade statistics show the total import-export value of this country in recent years and provide useful insights into the global trade market to help you form a more effective trade strategy for your import-export trade business in the overseas market.

What are the major exports of the Philippines?

Market analysis reports of the Philippines suggest Electrical Machinery & Equipment $31.7 billion, Electronics & Computers $9.5 billion, Edible Fruits & Nuts $2.3 billion, Technical, Optical & Medical Apparatus $1.8 billion, Copper $1.7 billion, Ash, Slag & Ores $1.7 billion, Vehicles $939.1 million, Precious Metals & Gems $1.4 billion, Plastics & Articles of Plastics $895.4 million, Animal/Vegetable Oils & Fats $918.8 million were the top exported products of Philippines according to Philippines Export Data 2020.

What are the Major Ports of the Philippines?

Based on market research data and analysis reports, Calamba, Dumaguete, Cadiz, Taguilon/Ozams, Cebu, Pasig/Manila, Cagayan De Oro, Mati, Isabel, Polloc, General Santos/Dadia,  Rosario, Bacolod, Manila, and Cative are some of the major ports of the Philippines as per the Philippines import port list.

The global import-export trade data help companies and businesses use their resources more efficiently and effectively.

The data we provide helps you get useful and crucial insights into the global trade market offering you potential business opportunities to enhance the overall productivity of your trade business and stay ahead of your competitors in the overseas markets.

The custom import-export trade data that Exim Trade Data provides allows you to monitor the trade activities of your potential business competitors in the foreign trade market which gives you the opportunity to discover new and active buyers and suppliers as well as prepare a more effective trade strategy for your global import-export trade business.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.