2021
Flag  
GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
Flag
GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
 GDP
$416BCURRENT US$
Rnk 34 / 204
2011-2021
Flag
GDP GROWTH
224%CURRENT US$
Rnk 3 / 204
2021
Flag
GDP PC 
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204
2021
Flag
GDP PC
$2,458CURRENT US$
Rnk 155 / 204
2011-2021
Flag
GDP PC GROWTH
187%CURRENT US$
Rnk 2 / 204

About

India-Bangladesh In 2021, India exported $14.1B to Bangladesh. The main products that India exported to Bangladesh are Non-Retail Pure Cotton Yarn ($1.73B), Raw Cotton ($1.38B), and Wheat ($1.03B). During the last 26 years the exports of India to Bangladesh have increased at an annualized rate of 10.5%, from $1.04B in 1995 to $14.1B in 2021.

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

Bangladesh-India In 2021, Bangladesh exported $1.72B to India. The main products that Bangladesh exported to India were Other Pure Vegetable Oils ($191M), Non-Knit Men's Suits ($155M), and Planes, Helicopters, and/or Spacecraft ($124M). During the last 26 years the exports of Bangladesh to India have increased at an annualized rate of 12.1%, from $88.6M in 1995 to $1.72B in 2021.

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

Comparison In 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). 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

In 2021, India exported $14.1B to Bangladesh. The main products exported from India to Bangladesh were Non-Retail Pure Cotton Yarn ($1.73B), Raw Cotton ($1.38B), and Wheat ($1.03B). During the last 26 years the exports of India to Bangladesh have increased at an annualized rate of 10.5%, from $1.04B in 1995 to $14.1B in 2021.

In 2021, Bangladesh exported $1.72B to India. The main products exported from Bangladesh to India were Other Pure Vegetable Oils ($191M), Non-Knit Men's Suits ($155M), and Planes, Helicopters, and/or Spacecraft ($124M). During the last 26 years the exports of Bangladesh to India have increased at an annualized rate of 12.1%, from $88.6M in 1995 to $1.72B in 2021.

Exports from India (Flag) to Bangladesh (Flag) (2021)

Exports from Bangladesh (Flag) to India (Flag) (2021)

Latest Data

Trade between India (Flag) and Bangladesh (Flag)

India Exports

Market Competitiveness

Color
India
Top Destination
United States$71.2B
Bangladesh
Top Destination
United States$8.72B

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

In 2021, countries that imported more from India than Bangladesh were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

In 2021, countries that imported more from Bangladesh than India were Slovakia ($377M) and Denmark ($991M).

Difference in imports from Bangladesh (Flag) and India (Flag) (2021)

Comparative Advantage India - Bangladesh

Flow
Scale

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

During 2021, India had a large net trade with Bangladesh in the exports of Textiles ($4.27B), Vegetable Products ($2.92B), and Mineral Products ($1.5B).

During 2021, Bangladesh had a large net trade with India in the exports of Textiles ($816M), Animal and Vegetable Bi-Products ($237M), and Transportation ($163M).

Economic Complexity

Competitive Landscape

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 India has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over India.

Product Space of India (Flag) and Bangladesh (Flag) (2021)

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