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2022
Flag → Flag
Exports $11.7BRnk 1 / 139
2022
Flag → Flag
Top Product $2.63BNon-Knit Men's Suits
2022
Flag → Flag
Exports $2.76BRnk 64 / 219
2022
Flag → Flag
Top Product $687MScrap Iron
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Bangladesh-United States Trade: In 2022, Bangladesh exported $11.7B to United States. The main products that Bangladesh exported to United States were Non-Knit Men's Suits ($2.63B), Non-Knit Women's Suits ($1.6B), and Knit Sweaters ($882M). Over the past 5 years the exports of Bangladesh to United States have increased at an annualized rate of 15%, from $5.84B in 2017 to $11.7B in 2022.

In 2022, Bangladesh did not export any services to United States.

United States-Bangladesh Trade: In 2022, United States exported $2.76B to Bangladesh. The main products that United States exported to Bangladesh were Scrap Iron ($687M), Vaccines, blood, antisera, toxins and cultures ($630M), and Raw Cotton ($478M). Over the past 5 years the exports of United States to Bangladesh have increased at an annualized rate of 14.2%,  from $1.42B in 2017 to $2.76B in 2022.

In 2022, United States did not export any services to Bangladesh.

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $11.7B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($2.63B), Non-Knit Women's Suits ($1.6B), and Knit Sweaters ($882M). During the last 5 years the exports of Bangladesh to United States have increased at an annualized rate of 15%, from $5.84B in 2017 to $11.7B in 2022.

In 2017, United States exported $2.76B to Bangladesh. The main products exported from United States to Bangladesh were Scrap Iron ($687M), Vaccines, blood, antisera, toxins and cultures ($630M), and Raw Cotton ($478M). During the last 5 years the exports of United States to Bangladesh have increased at an annualized rate of 14.2%, from $1.42B in 2022 to $2.76B in 2017.

Exports from Bangladesh (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Bangladesh than United States included Andorra ($7.47M).

In 2022, countries that imported more from United States than Bangladesh included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - United States

Flow
Scale

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

During 2022, Bangladesh had a large net trade with United States in the exports of Textiles ($10.2B), Footwear and Headwear ($1.1B), and Animal Hides ($121M).

During 2017, United States had a large net trade with Bangladesh in the exports of Metals ($697M), Chemical Products ($687M), and Textiles ($503M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh United States+$601MKnit Sweaters
Top Product Potential United States Bangladesh+$55MPetroleum Gas

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

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

Product Space of Bangladesh (Flag) and United States (Flag) (2022)

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