2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Bangladesh-Uzbekistan Trade: In 2022, Bangladesh exported $23.4M to Uzbekistan. The main products that Bangladesh exported to Uzbekistan were Jute Yarn ($18.9M), Packaged Medicaments ($2.85M), and Knit T-shirts ($313k). Over the past 5 years the exports of Bangladesh to Uzbekistan have increased at an annualized rate of 16.9%, from $10.7M in 2017 to $23.4M in 2022.

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

Uzbekistan-Bangladesh Trade: In 2022, Uzbekistan exported $9.66M to Bangladesh. The main products that Uzbekistan exported to Bangladesh were Non-Retail Pure Cotton Yarn ($9.1M), Carbonates ($464k), and Human Hair ($49.4k). Over the past 5 years the exports of Uzbekistan to Bangladesh have decreased at an annualized rate of 28.2%,  from $50.5M in 2017 to $9.66M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $23.4M to Uzbekistan. The main products exported from Bangladesh to Uzbekistan were Jute Yarn ($18.9M), Packaged Medicaments ($2.85M), and Knit T-shirts ($313k). During the last 5 years the exports of Bangladesh to Uzbekistan have increased at an annualized rate of 16.9%, from $10.7M in 2017 to $23.4M in 2022.

In 2017, Uzbekistan exported $9.66M to Bangladesh. The main products exported from Uzbekistan to Bangladesh were Non-Retail Pure Cotton Yarn ($9.1M), Carbonates ($464k), and Human Hair ($49.4k). During the last 5 years the exports of Uzbekistan to Bangladesh have decreased at an annualized rate of 28.2%, from $50.5M in 2022 to $9.66M in 2017.

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

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

Latest Data

Trade between Bangladesh (Flag) and Uzbekistan (Flag)

Uzbekistan Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Uzbekistan
Top Destination
Switzerland$4.29B

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

In 2022, countries that imported more from Bangladesh than Uzbekistan included United States ($11.7B), Germany ($10.2B), and Spain ($4.41B).

In 2022, countries that imported more from Uzbekistan than Bangladesh included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

Comparative Advantage Bangladesh - Uzbekistan

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Uzbekistan in the exports of Textiles ($20.3M), Chemical Products ($2.85M), and Foodstuffs ($231k).

During 2017, Uzbekistan had a large net trade with Bangladesh in the exports of Textiles ($9.1M), Chemical Products ($464k), and Animal Products ($50.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Uzbekistan+$4.25kNon-Knit Women's Suits
Top Product Potential Uzbekistan Bangladesh+$6.74kGold

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

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

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