Flag Bangladesh / India Flag

2019
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Exports
: $1.19B, Rnk 11 / 127

2019
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Top Product
: $145M, Non-Knit Men's Suits

2019
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Exports
: $8.24B, Rnk 8 / 219

2019
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Top Product
: $541M, Non-Retail Pure Cotton Yarn

2019
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Economic Complexity (ECI)
: ECI -1.01, Rnk 122 / 146

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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GDP
: $303B, CURRENT US$
Rnk 40 / 187

2009-2019
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GDP GROWTH
: 195%, CURRENT US$
Rnk 5 / 187

2019
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 GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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GDP PC 
: $1,856, CURRENT US$
Rnk 145 / 187

2009-2019
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GDP PC GROWTH
: 164%, CURRENT US$
Rnk 4 / 187

2019
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GDP PC
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

Bangladesh-India: In 2019, Bangladesh exported $1.19B to India. The main products that Bangladesh exported to India are Non-Knit Men's Suits ($145M), Non-Knit Men's Shirts ($76.8M), and Planes, Helicopters, and/or Spacecraft ($65.8M). During the last 24 years the exports of Bangladesh to India have increased at an annualized rate of 11.6%, from $84.9M in 1995 to $1.19B in 2019.

In 2019, Bangladesh did not exported services to India.

India-Bangladesh: In 2019, India exported $8.24B to Bangladesh . The main products that India exported to Bangladesh were Non-Retail Pure Cotton Yarn ($541M), Raw Cotton ($539M), and Electricity ($505M). During the last 24 years the exports of India to Bangladesh have increased at an annualized rate of 9.27%, from $981M in 1995 to $8.24B in 2019.

In 2019, India did not exported services to Bangladesh.

Comparison: In 2019,  Bangladesh ranked 122 in the Economic Complexity Index (ECI -1.01), and 52 in total exports ($47.2B). That same year, India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, Bangladesh exported $1.19B to India. The main products exported from Bangladesh to India were Non-Knit Men's Suits ($145M), Non-Knit Men's Shirts ($76.8M), and Planes, Helicopters, and/or Spacecraft ($65.8M). During the last 24 years the exports of Bangladesh to India have increased at an annualized rate of 11.6%, from $84.9M in 1995 to $1.19B in 2019.

In 2019, India exported $8.24B to Bangladesh. The main products exported from India to Bangladesh were Non-Retail Pure Cotton Yarn ($541M), Raw Cotton ($539M), and Electricity ($505M). During the last 24 years the exports of India to Bangladesh have increased at an annualized rate of 9.27%, from $981M in 1995 to $8.24B in 2019.

Market Competitiveness

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Measure

Bangladesh
Top Destination
: United States, $6.86B

India
Top Destination
: United States, $55.3B

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

In 2019, countries that imported more from Bangladesh than India were Poland ($1.98B), Austria ($904M), and Slovakia ($303M).

In 2019, countries that imported more from India than Bangladesh were United States ($55.3B), United Arab Emirates ($28.6B), and China ($17.4B).

Comparative Advantage Bangladesh - India

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Depth

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

During 2019, Bangladesh had a large net trade with India in the exports of Textiles ($704M), Animal and Vegetable Bi-Products ($97.9M), and Transportation ($80.3M).

During 2019, India had a large net trade with Bangladesh in the exports of Textiles ($2.06B), Machines ($1.14B), and Mineral Products ($1.12B).

Tariff Section

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This section shows import tariffs for products traded between Bangladesh and India (using the HS6 product classification and the last year reported).

In 2016, the products from Bangladesh that paid the highest import tariffs to enter India were Poultry: live, fowls of the species Gallus domesticus, weighing more than 185g (25%) and Poultry, live except domestic fowls, > 185 grams (25%).

In 2018, the products from India that paid the highest import tariffs to enter Bangladesh were Grape wines, sparkling (150%) and Grape wines nes, fortified wine or must, pack < 2l (150%).

*The tariffs present between Bangladesh and India are:
93: Bangladesh Free Trade Agreement duty rates for India, Pakistan and Sri Lanka under the South Asian Free Trade Area (SAFTA)
136: Most Favoured Nation duty rate treatement
343: Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement)
366: South Asian Association for Regional Cooperation (SAARC) Preferential Trading Arragement (SAPTA)

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Bangladesh has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over Bangladesh.