Bangladesh (BGD) and Czechia (CZE) Trade | The Observatory of Economic Complexity

About

Bangladesh-Czechia Trade: In 2022, Bangladesh exported $1.05B to Czechia. The main products that Bangladesh exported to Czechia were Knit T-shirts ($233M), Non-Knit Men's Suits ($154M), and Knit Sweaters ($124M). Over the past 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 16.7%, from $488M in 2017 to $1.05B in 2022.

In 2022, Bangladesh did not export any services to Czechia.

Czechia-Bangladesh Trade: In 2022, Czechia exported $52.3M to Bangladesh. The main products that Czechia exported to Bangladesh were Concentrated Milk ($17.1M), Textile Fiber Machinery ($10.6M), and Whey and other milk products ($3.29M). Over the past 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 8.61%, from $34.6M in 2017 to $52.3M in 2022.

In 2022, Czechia did not export any services to Bangladesh.

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $1.05B to Czechia. The main products exported from Bangladesh to Czechia were Knit T-shirts ($233M), Non-Knit Men's Suits ($154M), and Knit Sweaters ($124M). During the last 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 16.7%, from $488M in 2017 to $1.05B in 2022.

In 2017, Czechia exported $52.3M to Bangladesh. The main products exported from Czechia to Bangladesh were Concentrated Milk ($17.1M), Textile Fiber Machinery ($10.6M), and Whey and other milk products ($3.29M). During the last 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 8.61%, from $34.6M in 2022 to $52.3M in 2017.

Exports from Bangladesh () to Czechia () (2022)

Exports from Czechia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Czechia ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Bangladesh than Czechia included United States ($11.7B), Canada ($2.02B), and India ($2B).

In 2022, countries that imported more from Czechia than Bangladesh included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Czechia in the exports of Textiles ($995M), Footwear and Headwear ($48.4M), and Miscellaneous ($4.92M).

During 2017, Czechia had a large net trade with Bangladesh in the exports of Animal Products ($20.7M), Machines ($18.9M), and Instruments ($7.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Czechia+$42.6MKnit Sweaters

Top Product Potential Czechia Bangladesh+$2.15MLow-voltage Protection Equipment

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Czechia () (2022)

Exports from Czechia () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Czechia ()

Czechia Exports

Market Competitiveness

Difference in imports from Czechia () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Czechia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Czechia () (2022)

Keep Exploring