Czechia (CZE) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Czechia-Bangladesh Trade: In 2023, Czechia exported $64.8M to Bangladesh. The main products that Czechia exported to Bangladesh were Concentrated Milk ($20.8M), Electrical Control Boards ($8.28M), and Knitting Machine Accessories ($6.62M). Over the past 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 3.77%, from $53.9M in 2018 to $64.8M in 2023.

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

Bangladesh-Czechia Trade: In 2023, Bangladesh exported $992M to Czechia. The main products that Bangladesh exported to Czechia were Knit T-shirts ($231M), Non-Knit Men's Suits ($139M), and Knit Sweaters ($119M). Over the past 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 11.8%, from $569M in 2018 to $992M in 2023.

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

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $64.8M to Bangladesh. The main products exported from Czechia to Bangladesh were Concentrated Milk ($20.8M), Electrical Control Boards ($8.28M), and Knitting Machine Accessories ($6.62M). During the last 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 3.77%, from $53.9M in 2018 to $64.8M in 2023.

In 2018, Bangladesh exported $992M to Czechia. The main products exported from Bangladesh to Czechia were Knit T-shirts ($231M), Non-Knit Men's Suits ($139M), and Knit Sweaters ($119M). During the last 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 11.8%, from $569M in 2023 to $992M in 2018.

Exports from Czechia () to Bangladesh () (2023)

Exports from Bangladesh () to Czechia () (2023)

Latest Data

Trade between Czechia () and Bangladesh ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Czechia than Bangladesh included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Bangladesh than Czechia included United States ($8.58B), Canada ($1.66B), and India ($1.89B).

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

Comparative Advantage Czechia - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Bangladesh in the exports of Machines ($30.6M), Animal Products ($24M), and Chemical Products ($3.67M).

During 2018, Bangladesh had a large net trade with Czechia in the exports of Textiles ($945M), Footwear and Headwear ($36M), and Miscellaneous ($6.03M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Bangladesh+$2.15MLow-voltage Protection Equipment

Top Product Potential Bangladesh Czechia+$42.6MKnit Sweaters

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Bangladesh () (2023)

Exports from Bangladesh () to Czechia () (2023)

Latest Data

Trade between Czechia () and Bangladesh ()

Czechia Exports

Market Competitiveness

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

Comparative Advantage Czechia - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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