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Pricing

2022
Flag → Flag
Exports $207MRnk 89 / 218
2022
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Top Product $33.5MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $4.41BRnk 4 / 139
2022
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Top Product $834MKnit T-shirts
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.9Rnk 100 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Spain-Bangladesh In 2022, Spain exported $207M to Bangladesh. The main products that Spain exported to Bangladesh are Planes, Helicopters, and/or Spacecraft ($33.5M), Prepared Pigments ($19.3M), and Non-Mechanical Removal Machinery ($11.1M). During the last 27 years the exports of Spain to Bangladesh have increased at an annualized rate of 8.69%, from $21.8M in 1995 to $207M in 2022.

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

Bangladesh-Spain In 2022, Bangladesh exported $4.41B to Spain. The main products that Bangladesh exported to Spain were Knit T-shirts ($834M), Non-Knit Women's Suits ($695M), and Knit Sweaters ($634M). During the last 27 years the exports of Bangladesh to Spain have increased at an annualized rate of 16.9%, from $64.6M in 1995 to $4.41B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €7.94M and imported €211M from Bangladesh, resulting in a negative trade balance of €203M. Between January 2023 and January 2024 the exports of Spain have decreased by €-2.73M (-25.6%) from €10.7M to €7.94M, while imports decreased by €-116M (-35.5%) from €328M to €211M.

Trade In January 2024, the top exports of Spain to Bangladesh were Raw Cotton (€4.12M), Stone Processing Machines (€1.05M), Lifting Machinery (€634k), Prepared Pigments (€561k), and Animal Food (€383k). In January 2024 the top imports of Spain from Bangladesh were Knit T-shirts (€67.3M), Knit Sweaters (€47.9M), Non-Knit Women's Suits (€45.3M), Non-Knit Men's Suits (€41.3M), and Knit Women's Suits (€20.6M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€3.16M), Sevilla (€830k), Vizcaya (€778k), Castellón (€690k), and Guipúzcoa (€678k), while imports destinations were mainly Barcelona (€69.9M), Madrid (€58.3M), A Coruña (€29.9M), Guadalajara (€19.1M), and Zaragoza (€12.2M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Synthetic Coloring Matter (€-842k or -88%), Non-Mechanical Removal Machinery (€-817k or -88.2%), and Prepared Pigments (€-809k or -59.1%). In January 2024, the decrease in Spain's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Other Knit Garments (€-5.03M or -48%), Knit Babies' Garments (€-2.19M or -29.8%), and Textile Scraps (€-989k or -84.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-2.73M(-25.6%)
IMPORT GROWTH (January 2023 - January 2024)€-116M(-35.5%)
MAIN EXPORTER (January 2024)Barcelona€3.16M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Bangladesh and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $207M to Bangladesh. The main products exported from Spain to Bangladesh were Planes, Helicopters, and/or Spacecraft ($33.5M), Prepared Pigments ($19.3M), and Non-Mechanical Removal Machinery ($11.1M). During the last 27 years the exports of Spain to Bangladesh have increased at an annualized rate of 8.69%, from $21.8M in 1995 to $207M in 2022.

In 2022, Bangladesh exported $4.41B to Spain. The main products exported from Bangladesh to Spain were Knit T-shirts ($834M), Non-Knit Women's Suits ($695M), and Knit Sweaters ($634M). During the last 27 years the exports of Bangladesh to Spain have increased at an annualized rate of 16.9%, from $64.6M in 1995 to $4.41B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2021, countries that imported more from Spain than Bangladesh were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Bangladesh than Spain were Nepal ($55.1M), Burma ($36.5M), and Timor-Leste ($777k).

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

Comparative Advantage Spain - Bangladesh

Flow
Scale

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

During 2022, Spain had a large net trade with Bangladesh in the exports of Chemical Products ($62M), Machines ($53.1M), and Transportation ($33.9M).

During 2022, Bangladesh had a large net trade with Spain in the exports of Textiles ($4.28B), Footwear and Headwear ($56.5M), and Animal Hides ($22.5M).

Economic Complexity

Competitive Landscape

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

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

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