Bangladesh (BGD) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Bangladesh-Israel Trade: In 2023, Bangladesh exported $205M to Israel. The main products that Bangladesh exported to Israel were Knit T-shirts ($69.5M), Non-Knit Women's Suits ($29.6M), and Non-Knit Men's Suits ($28.3M). Over the past 5 years the exports of Bangladesh to Israel have increased at an annualized rate of 8.89%, from $134M in 2018 to $205M in 2023.

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

Israel-Bangladesh Trade: In 2023, Israel exported $149k to Bangladesh. The main products that Israel exported to Bangladesh were N/A. Over the past 5 years the exports of Israel to Bangladesh have decreased at an annualized rate of 12.2%, from $285k in 2018 to $149k in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $205M to Israel. The main products exported from Bangladesh to Israel were Knit T-shirts ($69.5M), Non-Knit Women's Suits ($29.6M), and Non-Knit Men's Suits ($28.3M). During the last 5 years the exports of Bangladesh to Israel have increased at an annualized rate of 8.89%, from $134M in 2018 to $205M in 2023.

In 2017, Israel exported $149k to Bangladesh. There were not main exports from Israel to Bangladesh in 2017. During the last 5 years the exports of Israel to Bangladesh have decreased at an annualized rate of 12.2%, from $285k in 2022 to $149k in 2017.

Exports from Bangladesh () to Israel () (2023)

Exports from Israel () to Bangladesh () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from Bangladesh than Israel included Germany ($8.28B), Spain ($3.95B), and Poland ($3.04B).

In 2023, countries that imported more from Israel than Bangladesh included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

Difference in imports from Israel () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Israel in the exports of Textiles ($198M), Footwear and Headwear ($6.67M), and Animal Hides ($588k).

During 2017, Israel had a large net trade with Bangladesh in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Israel+$22MKnit T-shirts

Top Product Potential Israel Bangladesh+$374kOther Plastic Products

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Israel () (2023)

Exports from Israel () to Bangladesh () (2023)

Market Competitiveness

Difference in imports from Israel () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Israel

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Israel () (2023)

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