Flag United Kingdom / Bangladesh Flag

Exports FlagFlag  (2018): $396M, Rnk 74 / 217

Top Product FlagFlag (2018): $203M, Scrap Iron

Exports FlagFlag (2018): $3.7B, Rnk 3 / 125

Top Product FlagFlag (2018): $606M, Knit T-shirts

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

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

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP Flag (2018): $274B, CURRENT US$
Rnk 42 / 196

GDP GROWTH Flag (2008-2018): 199%, CURRENT US$
Rnk 5 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $1,698, CURRENT US$
Rnk 156 / 196

GDP PC GROWTH Flag (2008-2018): 167%, CURRENT US$
Rnk 4 / 196

United Kingdom-Bangladesh: In 2018, United Kingdom exported $396M to Bangladesh. The main products exported from United Kingdom to Bangladesh were Scrap Iron ($203M), Electric Generating Sets ($32.4M), and Cars ($8.77M). During the last 23 years the exports of United Kingdom to Bangladesh have increased at an annualized rate of 4.96%, from $130M in 1995 to $396M in 2018.

Bangladesh-United Kingdom: In 2018, Bangladesh exported $3.7B to United Kingdom. The main products exported from Bangladesh to United Kingdom were Knit T-shirts ($606M), Non-Knit Women's Suits ($519M), and Knit Sweaters ($476M). During the last 23 years the exports of Bangladesh to United Kingdom have increased at an annualized rate of 10.4%, from $383M in 1995 to $3.7B in 2018.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). That same year, Bangladesh ranked 127 in the Economic Complexity Index (ECI -1.42), and 54 in total exports ($44.9B). In terms of GDP Per Capita, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, and Bangladesh was ranked 156 with a GDP Per Capita of $1,698.

Bilateral Trade by Products

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Depth
Value

In 2018, United Kingdom exported $396M to Bangladesh. The main products exported from United Kingdom to Bangladesh were Scrap Iron ($203M), Electric Generating Sets ($32.4M), and Cars ($8.77M). During the last 23 years the exports of United Kingdom to Bangladesh have increased at an annualized rate of 4.96%, from $130M in 1995 to $396M in 2018.

In 2018, Bangladesh exported $3.7B to United Kingdom. The main products exported from Bangladesh to United Kingdom were Knit T-shirts ($606M), Non-Knit Women's Suits ($519M), and Knit Sweaters ($476M). During the last 23 years the exports of Bangladesh to United Kingdom have increased at an annualized rate of 10.4%, from $383M in 1995 to $3.7B in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Bangladesh
Top Destination
: Germany, $6.88B

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

In 2018, countries that imported more from United Kingdom than Bangladesh were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

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

Comparative Advantage United Kingdom - Bangladesh

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Depth

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

During 2018, United Kingdom had a large net trade with Bangladesh in the exports of Metals ($214M), Machines ($102M), and Instruments ($17.9M).

During 2018, Bangladesh had a large net trade with United Kingdom in the exports of Textiles ($3.53B), Animal Products ($63.6M), and Transportation ($36.3M).

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom 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 United Kingdom has comparative advantage over Bangladesh. Similarly, the more red a dot/product is, the more Bangladesh has comparative advantage over United Kingdom.