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2022
Flag → Flag
Exports $110MRnk 149 / 0
2022
Flag → Flag
Exports $1.36BRnk 91 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Bangladesh-Vietnam Trade: In 2022, Bangladesh exported $110M to Vietnam. The main products that Bangladesh exported to Vietnam were N/A. Over the past 5 years the exports of Bangladesh to Vietnam have increased at an annualized rate of 15.3%, from $54M in 2017 to $110M 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 N/A. 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 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $110M to Vietnam. There were not main exports from Bangladesh to Vietnam in 2022. During the last 5 years the exports of Bangladesh to Vietnam have increased at an annualized rate of 15.3%, from $54M in 2017 to $110M in 2022.

In 2017, Vietnam exported $1.36B to Bangladesh. There were not main exports from Vietnam to Bangladesh in 2017. During the last 5 years the exports of Vietnam to Bangladesh have increased at an annualized rate of 9.3%, from $869M in 2022 to $1.36B in 2017.

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

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

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Vietnam
Top DestinationUnited States$118B

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 2023, countries that imported more from Bangladesh than Vietnam included Denmark ($935M), Central African Republic ($1.46M), and Gambia ($620k).

In 2023, countries that imported more from Vietnam than Bangladesh included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Vietnam

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Vietnam in the exports of .

During 2017, Vietnam had a large net trade with Bangladesh in the exports of .

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) (2022)

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