2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Bangladesh-South Africa Trade: In 2022, Bangladesh exported $137M to South Africa. The main products that Bangladesh exported to South Africa were Knit Sweaters ($23.4M), Non-Knit Men's Suits ($23.2M), and Knit T-shirts ($20.2M). Over the past 5 years the exports of Bangladesh to South Africa have increased at an annualized rate of 12.2%, from $76.8M in 2017 to $137M in 2022.

In 2022, Bangladesh did not export any services to South Africa.

South Africa-Bangladesh Trade: In 2022, South Africa exported $192M to Bangladesh. The main products that South Africa exported to Bangladesh were Citrus ($58.2M), Coal Briquettes ($38.7M), and Apples and Pears ($33M). Over the past 5 years the exports of South Africa to Bangladesh have increased at an annualized rate of 3.29%,  from $163M in 2017 to $192M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $137M to South Africa. The main products exported from Bangladesh to South Africa were Knit Sweaters ($23.4M), Non-Knit Men's Suits ($23.2M), and Knit T-shirts ($20.2M). During the last 5 years the exports of Bangladesh to South Africa have increased at an annualized rate of 12.2%, from $76.8M in 2017 to $137M in 2022.

In 2017, South Africa exported $192M to Bangladesh. The main products exported from South Africa to Bangladesh were Citrus ($58.2M), Coal Briquettes ($38.7M), and Apples and Pears ($33M). During the last 5 years the exports of South Africa to Bangladesh have increased at an annualized rate of 3.29%, from $163M in 2022 to $192M in 2017.

Exports from Bangladesh (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Bangladesh than South Africa included Spain ($4.41B), Poland ($3.53B), and France ($3.17B).

In 2022, countries that imported more from South Africa than Bangladesh included China ($23.4B), Japan ($8.85B), and India ($9.14B).

Difference in imports from South Africa (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - South Africa

Flow
Scale

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

During 2022, Bangladesh had a large net trade with South Africa in the exports of Textiles ($121M), Footwear and Headwear ($8.85M), and Chemical Products ($2.82M).

During 2017, South Africa had a large net trade with Bangladesh in the exports of Vegetable Products ($95.7M), Mineral Products ($43.4M), and Metals ($26.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh South Africa+$21.6MNon-Knit Men's Suits
Top Product Potential South Africa Bangladesh+$31.9MCoal Briquettes

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

Product Space of Bangladesh (Flag) and South Africa (Flag) (2022)

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