Flag Indonesia / Bangladesh Flag

2019
FlagFlag
Exports
: $1.91B, Rnk 19 / 211

2019
FlagFlag
Top Product
: $705M, Palm Oil

2019
FlagFlag
Exports
: $94.8M, Rnk 41 / 127

2019
FlagFlag
Top Product
: $18.3M, Knit T-shirts

2019
Flag
Economic Complexity (ECI)
: ECI 0.018, Rnk 68 / 146

2019
Flag
Economic Complexity (ECI)
: ECI -1.01, Rnk 122 / 146

2019
Flag  
GDP
: $1.12T, CURRENT US$
Rnk 16 / 187

2009-2019
Flag
GDP GROWTH
: 107%, CURRENT US$
Rnk 28 / 187

2019
Flag
 GDP
: $303B, CURRENT US$
Rnk 40 / 187

2009-2019
Flag
GDP GROWTH
: 195%, CURRENT US$
Rnk 5 / 187

2019
Flag
GDP PC 
: $4,136, CURRENT US$
Rnk 117 / 187

2009-2019
Flag
GDP PC GROWTH
: 82.9%, CURRENT US$
Rnk 25 / 187

2019
Flag
GDP PC
: $1,856, CURRENT US$
Rnk 145 / 187

2009-2019
Flag
GDP PC GROWTH
: 164%, CURRENT US$
Rnk 4 / 187

Indonesia-Bangladesh In 2019, Indonesia exported $1.91B to Bangladesh. The main products that Indonesia exported to Bangladesh are Palm Oil ($705M), Coal Briquettes ($315M), and Sulfate Chemical Woodpulp ($150M). During the last 24 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 12.2%, from $121M in 1995 to $1.91B in 2019.

In 2019, Indonesia did not export any services to Bangladesh.

Bangladesh-Indonesia In 2019, Bangladesh exported $94.8M to Indonesia . The main products that Bangladesh exported to Indonesia were Knit T-shirts ($18.3M), Jute Yarn ($11.9M), and Non-Knit Women's Suits ($8.77M). During the last 24 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 10%, from $9.59M in 1995 to $94.8M in 2019.

In 2019, Bangladesh did not export any services to Indonesia.

Comparison In 2019,  Indonesia ranked 68 in the Economic Complexity Index (ECI 0.018), and 30 in total exports ($186B). That same year, Bangladesh ranked 122 in the Economic Complexity Index (ECI -1.01), and 52 in total exports ($47.2B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Indonesia exported $1.91B to Bangladesh. The main products exported from Indonesia to Bangladesh were Palm Oil ($705M), Coal Briquettes ($315M), and Sulfate Chemical Woodpulp ($150M). During the last 24 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 12.2%, from $121M in 1995 to $1.91B in 2019.

In 2019, Bangladesh exported $94.8M to Indonesia. The main products exported from Bangladesh to Indonesia were Knit T-shirts ($18.3M), Jute Yarn ($11.9M), and Non-Knit Women's Suits ($8.77M). During the last 24 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 10%, from $9.59M in 1995 to $94.8M in 2019.

Indonesia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Indonesia
Top Destination
: China, $28.6B

Bangladesh
Top Destination
: United States, $6.86B

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 ($28.6B), Japan ($16.8B), and Singapore ($14.6B).

In 2019, countries that imported more from Bangladesh than Indonesia were Germany ($6.69B), United Kingdom ($3.92B), and France ($3.33B).

Comparative Advantage Indonesia - Bangladesh

#permalink to section
Depth

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

During 2019, Indonesia had a large net trade with Bangladesh in the exports of Animal and Vegetable Bi-Products ($721M), Mineral Products ($509M), and Textiles ($194M).

During 2019, Bangladesh had a large net trade with Indonesia in the exports of Textiles ($81.9M), Foodstuffs ($4.99M), and Footwear and Headwear ($2.4M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Indonesia and Bangladesh (using the HS6 product classification and the last year reported).

In 2018, the products from Indonesia that paid the highest import tariffs to enter Bangladesh were Spirits obtained by distilling grape wine, grape marc (150%) and Whiskies (150%).

In 2016, the products from Bangladesh that paid the highest import tariffs to enter Indonesia were Poultry: live, fowls of the species Gallus domesticus, weighing more than 185g (25%) and Poultry, live except domestic fowls, > 185 grams (25%).

*The tariffs present between Indonesia and Bangladesh are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 Indonesia has comparative advantage over Bangladesh. Similarly, the more red a dot/product is, the more Bangladesh has comparative advantage over Indonesia.