Flag China / Bangladesh Flag

Exports Flag β†’ Flag  (2018): $17.7B, Rnk 30 / 206

Top Product Flag β†’ Flag (2018): $1.09B, Refined Petroleum

Exports Flag β†’ Flag (2018): $973M, Rnk 12 / 125

Top Product Flag β†’ Flag (2018): $126M, Non-Knit Men's Suits

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI -1.42, Rnk 127 / 137

China-Bangladesh: In 2018, China exported $17.7B to Bangladesh. The main products exported from China to Bangladesh were Refined Petroleum ($1.09B), Light Pure Woven Cotton ($891M), and Light Rubberized Knitted Fabric ($709M). During the last 23 years the exports of China to Bangladesh have increased at an annualized rate of 16.5%, from $527M in 1995 to $17.7B in 2018.

Bangladesh-China: In 2018, Bangladesh exported $973M to China. The main products exported from Bangladesh to China were Non-Knit Men's Suits ($126M), Knit T-shirts ($114M), and Jute Yarn ($98.1M). During the last 23 years the exports of Bangladesh to China have increased at an annualized rate of 13.3%, from $54.7M in 1995 to $973M in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Bangladesh ranked 127 in the Economic Complexity Index (ECI -1.42), and 54 in total exports ($44.9B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $17.7B to Bangladesh. The main products exported from China to Bangladesh were Refined Petroleum ($1.09B), Light Pure Woven Cotton ($891M), and Light Rubberized Knitted Fabric ($709M). During the last 23 years the exports of China to Bangladesh have increased at an annualized rate of 16.5%, from $527M in 1995 to $17.7B in 2018.

In 2018, Bangladesh exported $973M to China. The main products exported from Bangladesh to China were Non-Knit Men's Suits ($126M), Knit T-shirts ($114M), and Jute Yarn ($98.1M). During the last 23 years the exports of Bangladesh to China have increased at an annualized rate of 13.3%, from $54.7M in 1995 to $973M in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Bangladesh
Top Destination
: Germany, $6.88B

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

In 2018, countries that imported more from China than Bangladesh were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Bangladesh than from China.

Comparative Advantage China - Bangladesh

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Depth

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

During 2018, China had a large net trade with Bangladesh in the exports of Textiles ($6.96B), Machines ($4.01B), and Metals ($1.62B).

During 2018, Bangladesh had a large net trade with China in the exports of Textiles ($718M), Animal Hides ($71.3M), and Foodstuffs ($63.4M).

Tariff Section

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This sections shows import tariffs for products traded between China and Bangladesh (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Bangladesh were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2016, the products from Bangladesh that paid the highest import tariffs to enter China were Poultry: live, fowls of the species Gallus domesticus, weighing more than 185g (25%) and Poultry, live except domestic fowls, > 185 grams (25%).

Explore Tariff Data

*The tariffs present between China and Bangladesh are:
125: General duty rate
136: Most Favoured Nation duty rate treatement
168: Preferential tariff for Bangladesh
343: Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement)
372: Special Preferential tariff (SP) for 2 Asia Pacific Countries

Trade Forecasts

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This section shows a forecast for total trade between China and Bangladesh. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Bangladesh. Similarly, the more red a dot/product is, the more Bangladesh has comparative advantage over China.