Flag Indonesia / Bangladesh Flag

2021
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Exports
: $2.92B, Rnk 17 / 211

2021
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Top Product
: $1.36B, Palm Oil

2021
FlagFlag
Exports
: $105M, Rnk 44 / 138

2021
FlagFlag
Top Product
: $22M, Jute Yarn

2021
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Economic Complexity (ECI)
: ECI 0.042, Rnk 61 / 131

2021
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Economic Complexity (ECI)
: ECI -0.85, Rnk 101 / 131

2021
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GDP
: $1.19T, CURRENT US$
Rnk 16 / 182

2011-2021
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GDP GROWTH
: 32.8%, CURRENT US$
Rnk 80 / 182

2021
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 GDP
: $416B, CURRENT US$
Rnk 32 / 182

2011-2021
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GDP GROWTH
: 224%, CURRENT US$
Rnk 2 / 182

2021
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GDP PC 
: $4,292, CURRENT US$
Rnk 111 / 182

2011-2021
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GDP PC GROWTH
: 17.8%, CURRENT US$
Rnk 78 / 182

2021
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GDP PC
: $2,503, CURRENT US$
Rnk 133 / 182

2011-2021
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GDP PC GROWTH
: 190%, CURRENT US$
Rnk 1 / 182

Indonesia-Bangladesh In 2021, Indonesia exported $2.92B to Bangladesh. The main products that Indonesia exported to Bangladesh are Palm Oil ($1.36B), Coal Briquettes ($432M), and Cement ($166M). During the last 26 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 13%, from $123M in 1995 to $2.92B in 2021.

In 2021, Indonesia did not export any services to Bangladesh.

Bangladesh-Indonesia In 2021, Bangladesh exported $105M to Indonesia. The main products that Bangladesh exported to Indonesia were Jute Yarn ($22M), Knit T-shirts ($16.7M), and Non-Knit Women's Suits ($8.65M). During the last 26 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 9.67%, from $9.53M in 1995 to $105M in 2021.

In 2021, Bangladesh did not export any services to Indonesia.

Comparison In 2021,  Indonesia ranked 61 in the Economic Complexity Index (ECI 0.042), and 27 in total exports ($248B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.85), and 56 in total exports ($51.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Indonesia exported $2.92B to Bangladesh. The main products exported from Indonesia to Bangladesh were Palm Oil ($1.36B), Coal Briquettes ($432M), and Cement ($166M). During the last 26 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 13%, from $123M in 1995 to $2.92B in 2021.

In 2021, Bangladesh exported $105M to Indonesia. The main products exported from Bangladesh to Indonesia were Jute Yarn ($22M), Knit T-shirts ($16.7M), and Non-Knit Women's Suits ($8.65M). During the last 26 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 9.67%, from $9.53M in 1995 to $105M in 2021.

Indonesia Exports

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Market Competitiveness

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Color

Indonesia
Top Destination
: China, $54.5B

Bangladesh
Top Destination
: United States, $8.72B

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

In 2021, countries that imported more from Indonesia than Bangladesh were China ($54.5B), United States ($26.2B), and Japan ($18.6B).

In 2021, countries that imported more from Bangladesh than Indonesia were Germany ($8.36B), Poland ($2.94B), and United Kingdom ($3.29B).

Comparative Advantage Indonesia - Bangladesh

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Flow
Scale

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

During 2021, Indonesia had a large net trade with Bangladesh in the exports of Animal and Vegetable Bi-Products ($1.38B), Mineral Products ($631M), and Textiles ($334M).

During 2021, Bangladesh had a large net trade with Indonesia in the exports of Textiles ($88.2M), Chemical Products ($6.33M), and Foodstuffs ($3.37M).

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 yellow.  This mean that the more blue a dot/product is, the more Indonesia has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over Indonesia.