Switzerland (CHE) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Switzerland-Bangladesh Trade: In 2023, Switzerland exported $104M to Bangladesh. The main products that Switzerland exported to Bangladesh were Packaged Medicaments ($8.52M), Vaccines, blood, antisera, toxins and cultures ($7.94M), and Textile Fiber Machinery ($7.9M). Over the past 5 years the exports of Switzerland to Bangladesh have decreased at an annualized rate of 3.06%, from $121M in 2018 to $104M in 2023.

In 2023, Switzerland did not export any services to Bangladesh.

Bangladesh-Switzerland Trade: In 2023, Bangladesh exported $1.12B to Switzerland. The main products that Bangladesh exported to Switzerland were Knit Sweaters ($221M), Non-Knit Men's Suits ($198M), and Non-Knit Women's Suits ($113M). Over the past 5 years the exports of Bangladesh to Switzerland have increased at an annualized rate of 13.5%, from $593M in 2018 to $1.12B in 2023.

In 2023, Bangladesh did not export any services to Switzerland.

Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Switzerland exported $104M to Bangladesh. The main products exported from Switzerland to Bangladesh were Packaged Medicaments ($8.52M), Vaccines, blood, antisera, toxins and cultures ($7.94M), and Textile Fiber Machinery ($7.9M). During the last 5 years the exports of Switzerland to Bangladesh have decreased at an annualized rate of 3.06%, from $121M in 2018 to $104M in 2023.

In 2018, Bangladesh exported $1.12B to Switzerland. The main products exported from Bangladesh to Switzerland were Knit Sweaters ($221M), Non-Knit Men's Suits ($198M), and Non-Knit Women's Suits ($113M). During the last 5 years the exports of Bangladesh to Switzerland have increased at an annualized rate of 13.5%, from $593M in 2023 to $1.12B in 2018.

Exports from Switzerland () to Bangladesh () (2023)

Exports from Bangladesh () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Bangladesh ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Switzerland than Bangladesh included China ($47.7B), Germany ($53.8B), and United States ($45.1B).

In 2023, countries that imported more from Bangladesh than Switzerland included Poland ($3.04B), Denmark ($935M), and Burma ($25M).

Difference in imports from Bangladesh () and Switzerland () (2023)

Comparative Advantage Switzerland - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Bangladesh in the exports of Machines ($45.2M), Chemical Products ($35M), and Instruments ($11.1M).

During 2018, Bangladesh had a large net trade with Switzerland in the exports of Textiles ($1.06B), Footwear and Headwear ($32M), and Animal Hides ($5.68M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Bangladesh+$17.7MVaccines, blood, antisera, toxins and cultures

Top Product Potential Bangladesh Switzerland+$62.4MNon-Knit Women's Suits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Bangladesh () (2023)

Exports from Bangladesh () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Bangladesh ()

Switzerland Exports

Market Competitiveness

Difference in imports from Bangladesh () and Switzerland () (2023)

Comparative Advantage Switzerland - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Bangladesh () (2023)

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