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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.

For more info visit site:https://www.eximtradedata.com

What Are The Products USA Import The Most? USA Import And Export

 As per the Us Import Statistics By Hs Code, the US was the world’s largest importer country in 2020. Based on the United States bill of lading data, vehicles, machinery, pharma products, electrical machinery & equipment, medical equipment, photographic, pearls & precious stones, optical, and mineral oils & fuels were the major import commodities of this nation in 2020.

Exim provides in-depth analysis reports and research data on the US import-export trade activities and business. Exim’s market analysis reports offer 360 coverage and cover all the major fields related to US trade data such as the name of the top importers & exporters, product description, unit, value in USD, shipment & consignment details, port name & detail, mode of transportation and so on.


Exim provides top-notch, up-to-date, and most reliable import-export trade data on the US import and export. You can use this data to evaluate the supply chain, trends, demand of the global trade market or you can find top importers & exporters and identify the top products they are dealing in and with what strategies.

Exim trade data is a one-stop solution for all of your queries related to the import and export trade business.

USA Import Data by Country

According to the USA import data by country, Mexico, China, Canada, Japan, Germany, Korea, Vietnam, Ireland, Switzerland, and other Asia nations were the top import partner countries of this nation in 2020.

 

USA Import Data By Country

Value in USD ($)

Share in %

China

$457 Billion

19%

Mexico

$328 Billion

13.6%

Canada

$276 Billion

11.4%

Japan

$122 Billion

5.09%

Germany

$117 Billion

4.88%

Vietnam

$83 Billion

3.45%

Korea

$78 Billion

3.25%

Switzerland

$75 Billion

3.13%

Ireland

$65 Billion

2.73%

Other Asian nations

$62 Billion

2.59%

What are the top products the US exports the most?

Based on the US Export Data By Product, Machinery & computer, mineral oil & fuel, spacecraft & aircraft, electrical machinery & equipment, plastics & articles of plastics, precious metals & gems, organic chemicals, pharmaceuticals, technical, optical & medical apparatus, and vehicles were the major export commodities of the US in 2020.

 

US’s Export Commodities

Value in USD ($)

Share in  %

Machinery including computers

$182.6 Billion

12.8%

Electrical machinery & equipment

$162.9 Billion

11.4%

Mineral oil & fuel

$155.1 Billion

10.8%

Vehicles

$105.2 Billion

7.3%

Technical, optical & medical apparatus

$83.4 Billion

5.8%

Spacecraft & Aircraft

$80.9 Billion

5.7%

Plastics & articles of plastics

$60.2 Billion

4.2%

Precious metals & gems

$60 Billion

4.2%

Pharmaceuticals

$53.9 Billion

3.8%

Organic chemicals

$34 Billion

2.4%

You can buy US export data and get access to Exim’s huge database and harmonized directory and gain crucial insights into the trade statistics of this country. US export data help you analyze the market demand and trends of this nation allowing you to form a better strategy for your import & export trade business based on current market demand.

US Trade Statistics

Stats Related

Value in USD ($)

Year

Total Exports

$228143.00 Million

Dec 2021

Total Imports

$308874.00 Million

Dec 2021

Current Account

$-214774 Million

NA

Trade Balance

$-80731.00 Million

Dec 2021

Goods Trade Balance

$-100960.00 Million

Dec 2021

To know more about the USA’s import-export trade data, you can connect to us directly as Exim provides on point, authentic, reliable customs import-export trade data in real-time. Exim’s customs reports and market research data assist you in your various import-export business-related decision-making processes.

Connect to us for a complete analysis and to get a free overview of your current import-export trade business strategies and statistics.

Global Import Export Data Uses And Benefits

 Global Import Export Data is a necessity to run a business successfully, it is important for you to learn and know more about your potential market and business.

It is crucial to gather more information and knowledge about your field of interest before you fully commit yourself and start investing.

We at Exim trade data help you acknowledge the current situation of the international import-export trade market. Exim trade data is one of the best import export data websites that provides top-notch marketing intelligence reports and customs trade data on various global countries

Exim’s genius import-export market analysis reports and research data help you evaluate the market supply and demand in real-time.


We help you provide useful insights into the global market of import-export and offer complete transparency into the global trade market.

In this article, we will discuss some of the strategies being used by some of the listed countries for their import-export trade business.

Import-Export Strategies Of Tanzania

In terms of imports, Tanzania is the 113th largest exporter in the world and is situated in East of Africa.  In the year 2019, the total value of exported goods of Tanzania was estimated at around $4.9 billion.

Tobacco, edible vegetables & certain roots, cereals, precious stones & pearls, copper & articles, edible fruits & nuts, fish & crustaceans, oil seeds & oleaginous, spices, tea, mate & coffee are the main exports of this country as per Tanzania export data 2020.

These exports shared a value of 73% of total exports as per the trade statistics of this country.

Some Of The Top Export Partners Of Tanzania

India($727 million), Kenya ($221 million), South Africa ($743 million), Switzerland ($257 million), Uganda ($117 million), Belgium ($240 million), Rwanda ($102 million), DR Congo ($144 million), United Arab Emirates ($88 million), China ($143 million) are some of the top and major export partners of this country according to Tanzania export data 2020-19

Import-Export Trade Strategies Of Mexico

The country is situated in North America besides the United States. Based on data from 2019, Mexico was the 10th largest exporter in the world. The total worth of the exported goods in 2019 was estimated at around $460.7 billion.

Mexico is the world’s 16th and 10th largest economy in the world in nominal terms and by power parity purchase respectively.

Agriculture is the major economic sector of Mexico in which avocado, potatoes, and sugarcane are the top cultivating crops.

Top Exported Products and Export Partner Countries of Mexico

Based on Mexico Export Data from 2019, edible fruits & nuts, spirits & vinegar, beverages, vehicles, plastics, electronics, minerals fuels & oils, machinery, edible vegetables, furniture, optical/photographic & medical equipment are some of the top exports of this country.

The customs data of Mexico also discloses that Japan, Taipei, Brazil, the United States, Colombia, Germany, the United Kingdom, Colombia, China, South Korea,  are the major export partners of this country.

For info on Mexico import-export data, you can connect to us directly as we are the best Mexico export data provider on the globe.

Import-Export Strategies & Data For Pakistan Exporter

Based on Pakistan export data for the years 2018 & 2019, the total value of exported goods was estimated at around $24 billion.

The market research reports and market trade analysis of Pakistan show that Pakistan is among the 68th largest exporters in the world.

As per Pakistan export data, rags & textile articles are major exports of this country whereas the United States of America is the top export partner of Pakistan.

What Are The Major Exports and Export Partners Of Pakistan?

According to the customs data of Pakistan, cereals, cotton, not knitted apparel & clothing, knitted apparel & clothing, rags/articles & rags were the main exports of Pakistan in 2019.

The customs export data of Pakistan also reveals that Bangladesh, Spain, Germany, Italy, Netherlands, United Kingdom, United States, Afghanistan, United Arab Emirates, and China are the major export partners of Pakistan.

EXiM trade data provide import-export Data For Pakistan Exporters as well as global traders. The data that we offer at EXiM consists of information and details such as the date, product description, HS Code, total value, foreign country, port name, assignment info, shipping port, importer names, etc.

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