Bangladesh (BGD) and Kyrgyzstan (KGZ) Trade | The Observatory of Economic Complexity

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Bangladesh-Kyrgyzstan Trade: In 2023, Bangladesh exported $2.35M to Kyrgyzstan. The main products that Bangladesh exported to Kyrgyzstan were Knit T-shirts ($395k), Knit Sweaters ($388k), and Knit Men's Suits ($292k). Over the past 5 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 8.85%, from $3.74M in 2018 to $2.35M in 2023.

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

Kyrgyzstan-Bangladesh Trade: In 2023, Kyrgyzstan exported $11.8k to Bangladesh. The main products that Kyrgyzstan exported to Bangladesh were Refined Petroleum ($11.1k) and Other Prepared Meat ($647). Over the past 5 years the exports of Kyrgyzstan to Bangladesh have decreased at an annualized rate of 52.1%, from $469k in 2018 to $11.8k in 2023.

In 2009, Kyrgyzstan exported services to Bangladesh worth $0, with being the largest in terms of value.

Comparison: In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $2.35M to Kyrgyzstan. The main products exported from Bangladesh to Kyrgyzstan were Knit T-shirts ($395k), Knit Sweaters ($388k), and Knit Men's Suits ($292k). During the last 5 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 8.85%, from $3.74M in 2018 to $2.35M in 2023.

In 2018, Kyrgyzstan exported $11.8k to Bangladesh. The main products exported from Kyrgyzstan to Bangladesh were Refined Petroleum ($11.1k) and Other Prepared Meat ($647). During the last 5 years the exports of Kyrgyzstan to Bangladesh have decreased at an annualized rate of 52.1%, from $469k in 2023 to $11.8k in 2018.

Exports from Bangladesh () to Kyrgyzstan () (2023)

Exports from Kyrgyzstan () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Kyrgyzstan ()

Kyrgyzstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Kyrgyzstan
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from Bangladesh than Kyrgyzstan included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Kyrgyzstan than Bangladesh included Russia ($746M), Kazakhstan ($559M), and Uzbekistan ($284M).

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

Comparative Advantage Bangladesh - Kyrgyzstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Kyrgyzstan in the exports of Textiles ($2.3M), Footwear and Headwear ($25.8k), and Animal Hides ($9.49k).

During 2018, Kyrgyzstan had a large net trade with Bangladesh in the exports of Mineral Products ($11.1k) and Foodstuffs ($647).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Kyrgyzstan+$2.04MKnit Sweaters

Top Product Potential Kyrgyzstan Bangladesh+$1.11MRefined Petroleum

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 Kyrgyzstan. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Kyrgyzstan () (2023)

Exports from Kyrgyzstan () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Kyrgyzstan ()

Kyrgyzstan Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Kyrgyzstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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