2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Bangladesh-Vietnam Trade: In 2022, Bangladesh exported $105M to Vietnam. The main products that Bangladesh exported to Vietnam were Packaged Medicaments ($21M), Scrap Iron ($7.67M), and Scrap Plastic ($7.15M). Over the past 5 years the exports of Bangladesh to Vietnam have increased at an annualized rate of 14.6%, from $53.3M in 2017 to $105M in 2022.

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

Vietnam-Bangladesh Trade: In 2022, Vietnam exported $1.36B to Bangladesh. The main products that Vietnam exported to Bangladesh were Cement ($173M), Iron Structures ($105M), and Non-Retail Pure Cotton Yarn ($102M). Over the past 5 years the exports of Vietnam to Bangladesh have increased at an annualized rate of 9.3%,  from $869M in 2017 to $1.36B in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Bangladesh than Vietnam included Spain ($4.41B), Denmark ($1.28B), and Poland ($3.53B).

In 2022, countries that imported more from Vietnam than Bangladesh included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Vietnam+$10.7MKnit T-shirts
Top Product Potential Vietnam Bangladesh+$119MTelephones

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

Product Space of Bangladesh (Flag) and Vietnam (Flag) (NaN)

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