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2023
Flag → Flag
Exports $1.04MRnk 127 / 192
2023
Flag → Flag
Top Product $556kElectrical Transformers
2023
Flag → Flag
Exports $54MRnk 59 / 138
2023
Flag → Flag
Top Product $10.3MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Estonia-Bangladesh Trade: In 2023, Estonia exported $1.04M to Bangladesh. The main products that Estonia exported to Bangladesh were Electrical Transformers ($556k), Semi chemical Woodpulp ($322k), and Refined Petroleum ($70.6k). Over the past 5 years the exports of Estonia to Bangladesh have decreased at an annualized rate of 8.17%, from $1.6M in 2018 to $1.04M in 2023.

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

Bangladesh-Estonia Trade: In 2023, Bangladesh exported $54M to Estonia. The main products that Bangladesh exported to Estonia were Knit T-shirts ($10.3M), Knit Sweaters ($7.37M), and Non-Knit Women's Suits ($5.37M). Over the past 5 years the exports of Bangladesh to Estonia have increased at an annualized rate of 11.6%,  from $31.3M in 2018 to $54M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Estonia exported $1.04M to Bangladesh. The main products exported from Estonia to Bangladesh were Electrical Transformers ($556k), Semi chemical Woodpulp ($322k), and Refined Petroleum ($70.6k). During the last 5 years the exports of Estonia to Bangladesh have decreased at an annualized rate of 8.17%, from $1.6M in 2018 to $1.04M in 2023.

In 2018, Bangladesh exported $54M to Estonia. The main products exported from Bangladesh to Estonia were Knit T-shirts ($10.3M), Knit Sweaters ($7.37M), and Non-Knit Women's Suits ($5.37M). During the last 5 years the exports of Bangladesh to Estonia have increased at an annualized rate of 11.6%, from $31.3M in 2023 to $54M in 2018.

Exports from Estonia (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Bangladesh (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Estonia than Bangladesh included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Bangladesh than Estonia included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

Difference in imports from Bangladesh (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Bangladesh

Flow
Scale

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

During 2023, Estonia had a large net trade with Bangladesh in the exports of Machines ($559k), Paper Goods ($322k), and Mineral Products ($70.6k).

During 2018, Bangladesh had a large net trade with Estonia in the exports of Textiles ($52M), Footwear and Headwear ($1.26M), and Animal Products ($318k).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Bangladesh (Flag) (2023)

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