Bangladesh Agricultural Exports Market Overview

Bangladesh Agricultural Exports Market
 Over the years, the agricultural exports from Bangladesh had seen an upward trend. In the financial year 2022, Bangladesh agricultural exports hit 1.16 billion dollars. Our Bangladesh import export data records, last year exports were around 1 billion dollars. 

The top agri goods exports were edible vegetables, coffee, tea, meat, cardamom, saffron, ginger, turmeric, sugar and fruits/vegetable juices. Bangladesh’s most favoured destinations for agri exports were mainly European countries, Saudi Arabia, United Arab Emirates, India, Malaysia and the United States.


Experts see a strong growth in agricultural exports from Bangladesh in FY 2023. In this blog, you will come to know about the top agri goods exports from Bangladesh.


Top Agricultural Exports from Bangladesh


Edible Vegetables


Bangladesh's edible vegetables exports down to 15% in the fiscal year 2022. According to the Bangladesh customs data reports, Bangladesh edible vegetable exports were around 100 million dollars in FY22. While it was 119 million dollars in the fiscal year 2021. 


One of the main reasons behind the dip in vegetable exports from Bangladesh is comparatively high cost. Broccoli, Cabbage and Cauliflower exports had seen growth in FY22. Saudi Arabia, Malaysia, United Kingdom, United Arab Emirates and Nepal were the top destinations for Bangladeshi vegetable exports.


Coffee, Tea, Mate & Spices


Coffee, Tea, Mate and Spices were the second most exported agricultural goods from Bangladesh in 2022. Around 50 million worth shipments were recorded for these products. The major buyers for these Bangladeshi exports were the United Kingdom, Finland, Kuwait, South Korea and France.


Spices are the most important category in terms of imports and exports. In the financial year 2022, around 25 million dollars worth of spices will be exported from Bangladesh. These were mainly saffron, turmeric, cardamom, ginger, etc.


The top markets for Bangladesh spice exports were Saudi Arabia, Malaysia, Qatar and the United Arab Emirates. On the other hand, Bangladesh import data reports, 98 million dollars spices imports took place. The leading spices exporters to Bangladesh were India, China, Pakistan, Burma and Singapore. 


Sugar


For the fiscal year 2022, Bangladesh sugar exports were around 27 million dollars. While Bangladesh imports more sugar rather than exports. India was the top exporter of Sugar to Bangladesh. According to the India export data, India has exported over 2.7 million metric tons of sugar to Bangladesh in FY 2022. Bangladesh is among the top 5 importers of Sugar in the world. The demand for sugar will further increase in 2023.



Flour Preparations


According to the Bangladesh export data, Bangladesh flour preparation rose to 67 million dollars in 2022. These include bread, cakes, pasta, cereal, starch, milk, etc. The top markets for these exports were Singapore, Japan, Switzerland, United States and the United Kingdom.


Fruits & Vegetables Juice


In 2022, Bangladesh vegetables and fruits juice exports hit 58 million dollars. The top market for Bangladesh fruit and vegetable juice exports were Saudi Arabia, United Arab Emirates, Malaysia, Kuwait and Qatar.


Boost your Agriculture Exports from Bangladesh with the most impressive data intelligence system, Exim Global Trade Intelligence System. It contains the import export data reports for almost all countries including Bangladesh. Global Import Export data Businesses in Bangladesh can grow their agricultural exports by finding genuine buyers from all over the globe. Identify your competitors and outrank them with a master strategy based on Exim intelligence platform.

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