Bangladesh (BGD) and Cambodia (KHM) Trade | The Observatory of Economic Complexity

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Bangladesh-Cambodia Trade: In 2023, Bangladesh exported $12.6M to Cambodia. The main products that Bangladesh exported to Cambodia were Packaged Medicaments ($5.82M), Equine and Bovine Hides ($1.15M), and Non-Knit Men's Suits ($662k). Over the past 5 years the exports of Bangladesh to Cambodia have increased at an annualized rate of 21.9%, from $4.68M in 2018 to $12.6M in 2023.

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

Cambodia-Bangladesh Trade: In 2023, Cambodia exported $7.72M to Bangladesh. The main products that Cambodia exported to Bangladesh were Pile Fabric ($2.69M), Nitrogen Heterocyclic Compounds ($1.74M), and Light Rubberized Knitted Fabric ($1.5M). Over the past 5 years the exports of Cambodia to Bangladesh have increased at an annualized rate of 31.2%, from $1.98M in 2018 to $7.72M in 2023.

In 2023, Cambodia 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, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $12.6M to Cambodia. The main products exported from Bangladesh to Cambodia were Packaged Medicaments ($5.82M), Equine and Bovine Hides ($1.15M), and Non-Knit Men's Suits ($662k). During the last 5 years the exports of Bangladesh to Cambodia have increased at an annualized rate of 21.9%, from $4.68M in 2018 to $12.6M in 2023.

In 2018, Cambodia exported $7.72M to Bangladesh. The main products exported from Cambodia to Bangladesh were Pile Fabric ($2.69M), Nitrogen Heterocyclic Compounds ($1.74M), and Light Rubberized Knitted Fabric ($1.5M). During the last 5 years the exports of Cambodia to Bangladesh have increased at an annualized rate of 31.2%, from $1.98M in 2023 to $7.72M in 2018.

Exports from Bangladesh () to Cambodia () (2023)

Exports from Cambodia () to Bangladesh () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Cambodia
Top DestinationUnited States$12.2B

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

In 2023, countries that imported more from Bangladesh than Cambodia included Germany ($8.28B), United Kingdom ($4.25B), and Spain ($3.95B).

In 2023, countries that imported more from Cambodia than Bangladesh included United States ($12.2B), Vietnam ($1.55B), and Thailand ($1.6B).

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

Comparative Advantage Bangladesh - Cambodia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Cambodia in the exports of Chemical Products ($6.46M), Textiles ($3.2M), and Animal Hides ($1.77M).

During 2018, Cambodia had a large net trade with Bangladesh in the exports of Textiles ($4.7M), Chemical Products ($1.79M), and Transportation ($456k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Cambodia+$1.24MKnit T-shirts

Top Product Potential Cambodia Bangladesh+$1.22MBi-Wheel Vehicle Parts

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Cambodia () (2023)

Exports from Cambodia () to Bangladesh () (2023)

Market Competitiveness

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

Comparative Advantage Bangladesh - Cambodia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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