2023
Flag  
GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC 
$2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Bangladesh-Chile Trade: In 2023, Bangladesh exported $192M to Chile. The main products that Bangladesh exported to Chile were Knit T-shirts ($44.9M), Non-Knit Men's Suits ($31.7M), and Knit Sweaters ($26.6M). Over the past 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 9.45%, from $122M in 2018 to $192M in 2023.

In 2023, Bangladesh did not export any services to Chile.

Chile-Bangladesh Trade: In 2023, Chile exported $40.4M to Bangladesh. The main products that Chile exported to Bangladesh were Scrap Iron ($31.2M), Fish Oil ($5.13M), and Malt Extract ($3.33M). Over the past 5 years the exports of Chile to Bangladesh have increased at an annualized rate of 6.48%,  from $29.5M in 2018 to $40.4M in 2023.

In 2023, Chile did not export any services to Bangladesh.

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $192M to Chile. The main products exported from Bangladesh to Chile were Knit T-shirts ($44.9M), Non-Knit Men's Suits ($31.7M), and Knit Sweaters ($26.6M). During the last 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 9.45%, from $122M in 2018 to $192M in 2023.

In 2018, Chile exported $40.4M to Bangladesh. The main products exported from Chile to Bangladesh were Scrap Iron ($31.2M), Fish Oil ($5.13M), and Malt Extract ($3.33M). During the last 5 years the exports of Chile to Bangladesh have increased at an annualized rate of 6.48%, from $29.5M in 2023 to $40.4M in 2018.

Exports from Bangladesh (Flag) to Chile (Flag) (2023)

Exports from Chile (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$8.58B
Chile
Top Destination
China$38.2B

This map shows whether countries import more from Bangladesh or Chile. Each country is colored based on the difference in imports they receive from Bangladesh and Chile or the difference in the growth in imports.

In 2023, countries that imported more from Bangladesh than Chile included Germany ($8.28B), United Kingdom ($4.25B), and Poland ($3.04B).

In 2023, countries that imported more from Chile than Bangladesh included China ($38.2B), United States ($15.7B), and South Korea ($6.02B).

Difference in imports from Chile (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Chile

Flow
Scale

This chart compares trade between Bangladesh and Chile by product, considering products traded by both, Bangladesh and Chile.

During 2023, Bangladesh had a large net trade with Chile in the exports of Textiles ($181M), Footwear and Headwear ($5.87M), and Foodstuffs ($1.81M).

During 2018, Chile had a large net trade with Bangladesh in the exports of Metals ($31.2M), Animal and Vegetable Bi-Products ($5.13M), and Foodstuffs ($3.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Chile+$24.5MKnit T-shirts
Top Product Potential Chile Bangladesh+$1.76MScrap Iron

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bangladesh and Chile. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Bangladesh.

Product Space of Bangladesh (Flag) and Chile (Flag) (2023)

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