Flag Indonesia / Bangladesh Flag

2020
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Exports
: $1.69B, Rnk 22 / 213

2020
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Top Product
: $697M, Palm oil and its fractions; whether or not refined, but not chemically modified

2020
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Exports
: $75.5M, Rnk 43 / 131

2020
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Top Product
: $11.7M, T-shirts, singlets and other vests; knitted or crocheted

2020
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Economic Complexity (ECI)
: ECI -0.093, Rnk 64 / 127

2020
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Economic Complexity (ECI)
: ECI -1.19, Rnk 111 / 127

2020
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GDP
: $1.06T, CURRENT US$
Rnk 16 / 195

2010-2020
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GDP GROWTH
: 40.2%, CURRENT US$
Rnk 76 / 195

2020
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 GDP
: $323B, CURRENT US$
Rnk 39 / 195

2010-2020
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GDP GROWTH
: 180%, CURRENT US$
Rnk 3 / 195

2020
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GDP PC 
: $3,870, CURRENT US$
Rnk 121 / 195

2010-2020
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GDP PC GROWTH
: 23.9%, CURRENT US$
Rnk 78 / 195

2020
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GDP PC
: $1,962, CURRENT US$
Rnk 149 / 195

2010-2020
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GDP PC GROWTH
: 151%, CURRENT US$
Rnk 3 / 195

Indonesia-Bangladesh In 2020, Indonesia exported $1.69B to Bangladesh. The main products that Indonesia exported to Bangladesh are Palm oil and its fractions; whether or not refined, but not chemically modified ($697M), Coal; briquettes, ovoids and similar solid fuels manufactured from coal ($335M), and Chemical wood pulp, soda or sulphate, other than dissolving grades ($87.4M). During the last 25 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 11%, from $123M in 1995 to $1.69B in 2020.

In 2020, Indonesia did not export any services to Bangladesh.

Bangladesh-Indonesia In 2020, Bangladesh exported $75.5M to Indonesia . The main products that Bangladesh exported to Indonesia were T-shirts, singlets and other vests; knitted or crocheted ($11.7M), Yarn of jute or of other textile bast fibres of heading no. 5305 ($10.9M), and Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); men's or boys' (not knitted or crocheted) ($8.63M). During the last 25 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 8.63%, from $9.53M in 1995 to $75.5M in 2020.

In 2020, Bangladesh did not export any services to Indonesia.

Comparison In 2020,  Indonesia ranked 64 in the Economic Complexity Index (ECI -0.093), and 28 in total exports ($178B). That same year, Bangladesh ranked 111 in the Economic Complexity Index (ECI -1.19), and 52 in total exports ($41.2B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Indonesia exported $1.69B to Bangladesh. The main products exported from Indonesia to Bangladesh were Palm oil and its fractions; whether or not refined, but not chemically modified ($697M), Coal; briquettes, ovoids and similar solid fuels manufactured from coal ($335M), and Chemical wood pulp, soda or sulphate, other than dissolving grades ($87.4M). During the last 25 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 11%, from $123M in 1995 to $1.69B in 2020.

In 2020, Bangladesh exported $75.5M to Indonesia. The main products exported from Bangladesh to Indonesia were T-shirts, singlets and other vests; knitted or crocheted ($11.7M), Yarn of jute or of other textile bast fibres of heading no. 5305 ($10.9M), and Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); men's or boys' (not knitted or crocheted) ($8.63M). During the last 25 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 8.63%, from $9.53M in 1995 to $75.5M in 2020.

Indonesia Exports

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Market Competitiveness

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Measure

Indonesia
Top Destination
: China, $32.6B

Bangladesh
Top Destination
: Germany, $6.59B

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 2019, countries that imported more from Indonesia than Bangladesh were China ($32.6B), United States ($19.6B), and Japan ($14.4B).

In 2019, countries that imported more from Bangladesh than Indonesia were Germany ($6.59B), Poland ($2.27B), and United Kingdom ($3.05B).

Comparative Advantage Indonesia - Bangladesh

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Flow

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

During 2020, Indonesia had a large net trade with Bangladesh in the exports of Animal and Vegetable Bi-Products ($714M), Mineral Products ($423M), and Textiles ($156M).

During 2020, Bangladesh had a large net trade with Indonesia in the exports of Textiles ($67M), Foodstuffs ($2.3M), and Chemical Products ($1.67M).

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.