Indonesia (IDN) and Bangladesh (BGD) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

Indonesia Exports

Date

Market Competitiveness

Color

SectionYear

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

Flow

Scale

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Indonesia Exports

Market Competitiveness

Comparative Advantage Indonesia - Bangladesh

Economic Complexity

Competitive Landscape

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