Bangladesh (BGD) and Italy (ITA) Trade | The Observatory of Economic Complexity

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In N/A, Bangladesh did not export any services to Italy.

Italy-Bangladesh Trade: In N/A, Italy exported $593M to Bangladesh. The main products that Italy exported to Bangladesh were Textile Processing Machines ($56M), Metal-Rolling Mills ($46.6M), and Machinery Having Individual Functions ($24.6M). Over the past N/A years the exports of Italy to Bangladesh have decreased at an annualized rate of 7.43%, from $872M in N/A to $593M in N/A.

In N/A, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Bangladesh does not register exports to Italy. The main products exported from Bangladesh to Italy were Knit Sweaters ($318M), Knit T-shirts ($295M), and Non-Knit Men's Suits ($205M).

In 2018, Italy exported $593M to Bangladesh. The main products exported from Italy to Bangladesh were Textile Processing Machines ($56M), Metal-Rolling Mills ($46.6M), and Machinery Having Individual Functions ($24.6M). During the last 5 years the exports of Italy to Bangladesh have decreased at an annualized rate of 7.43%, from $872M in 2023 to $593M in 2018.

Exports from Bangladesh () to Italy () (2023)

Exports from Italy () to Bangladesh () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Italy
Top DestinationGermany$71.4B

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 2023, no countries were registered that imported more from Bangladesh than from Italy.

In 2023, countries that imported more from Italy than Bangladesh included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Bangladesh - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Italy had a large net trade with Bangladesh in the exports of N/A.

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Italy () (2023)

Exports from Italy () to Bangladesh () (2023)

Market Competitiveness

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

Comparative Advantage Bangladesh - Italy

Economic Complexity

Competitive Landscape

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

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