2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Chile-Bangladesh Trade: In 2022, Chile exported $17.2M to Bangladesh. The main products that Chile exported to Bangladesh were Scrap Iron ($10.3M), Malt Extract ($3.39M), and Fish oil ($3.19M). Over the past 5 years the exports of Chile to Bangladesh have decreased at an annualized rate of 9.59%, from $28.5M in 2017 to $17.2M in 2022.

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

Bangladesh-Chile Trade: In 2022, Bangladesh exported $255M to Chile. The main products that Bangladesh exported to Chile were Knit T-shirts ($60.6M), Non-Knit Men's Suits ($57.3M), and Knit Sweaters ($33.6M). Over the past 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 10.6%,  from $84.2M in 2017 to $255M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $17.2M to Bangladesh. The main products exported from Chile to Bangladesh were Scrap Iron ($10.3M), Malt Extract ($3.39M), and Fish oil ($3.19M). During the last 5 years the exports of Chile to Bangladesh have decreased at an annualized rate of 9.59%, from $28.5M in 2017 to $17.2M in 2022.

In 2017, Bangladesh exported $255M to Chile. The main products exported from Bangladesh to Chile were Knit T-shirts ($60.6M), Non-Knit Men's Suits ($57.3M), and Knit Sweaters ($33.6M). During the last 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 10.6%, from $84.2M in 2022 to $255M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Chile than Bangladesh included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

In 2022, countries that imported more from Bangladesh than Chile included Germany ($10.2B), United Kingdom ($4.86B), and Poland ($3.53B).

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

Comparative Advantage Chile - Bangladesh

Flow
Scale

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

During 2022, Chile had a large net trade with Bangladesh in the exports of Metals ($10.3M), Foodstuffs ($3.39M), and Animal and Vegetable Bi-Products ($3.19M).

During 2017, Bangladesh had a large net trade with Chile in the exports of Textiles ($243M), Footwear and Headwear ($9.95M), and Animal Hides ($816k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Bangladesh+$1.76MScrap Iron
Top Product Potential Bangladesh Chile+$24.5MKnit T-shirts

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

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

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