2022
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GDP
$460BCURRENT US$
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2012-2022
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GDP GROWTH
245%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH
207%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Bangladesh-Italy In 2022, Bangladesh exported $2.17B to Italy. The main products that Bangladesh exported to Italy are Knit Sweaters ($418M), Knit T-shirts ($356M), and Non-Knit Men's Suits ($251M). During the last 27 years the exports of Bangladesh to Italy have increased at an annualized rate of 8.03%, from $269M in 1995 to $2.17B in 2022.

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

Italy-Bangladesh In 2022, Italy exported $722M to Bangladesh. The main products that Italy exported to Bangladesh were Textile Processing Machines ($72.3M), Gas Turbines ($56.6M), and Machinery Having Individual Functions ($37.1M). During the last 27 years the exports of Italy to Bangladesh have increased at an annualized rate of 7.55%, from $101M in 1995 to $722M in 2022.

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

Comparison In 2022,  Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $2.17B to Italy. The main products exported from Bangladesh to Italy were Knit Sweaters ($418M), Knit T-shirts ($356M), and Non-Knit Men's Suits ($251M). During the last 27 years the exports of Bangladesh to Italy have increased at an annualized rate of 8.03%, from $269M in 1995 to $2.17B in 2022.

In 2022, Italy exported $722M to Bangladesh. The main products exported from Italy to Bangladesh were Textile Processing Machines ($72.3M), Gas Turbines ($56.6M), and Machinery Having Individual Functions ($37.1M). During the last 27 years the exports of Italy to Bangladesh have increased at an annualized rate of 7.55%, from $101M in 1995 to $722M in 2022.

Exports from Bangladesh (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Bangladesh than Italy were Nepal ($55.1M) and Timor-Leste ($777k).

In 2021, countries that imported more from Italy than Bangladesh were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

Difference in imports from Italy (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Italy

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Italy in the exports of Textiles ($2.07B), Footwear and Headwear ($39.1M), and Animal Hides ($16.9M).

During 2022, Italy had a large net trade with Bangladesh in the exports of Machines ($502M), Chemical Products ($66.7M), and Transportation ($32.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Italy (Flag) (2022)

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