2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Israel-Bangladesh Trade: In 2022, Israel exported $149k to Bangladesh. The main products that Israel exported to Bangladesh were N/A. Over the past 7 years the exports of Israel to Bangladesh have decreased at an annualized rate of 25.8%, from $1.21M in 2015 to $149k in 2022.

In 2022, Israel did not export any services to Bangladesh.

Bangladesh-Israel Trade: In 2022, Bangladesh exported $205M to Israel. The main products that Bangladesh exported to Israel were Knit T-shirts ($69.5M), Non-Knit Women's Suits ($29.6M), and Non-Knit Men's Suits ($28.3M). Over the past 7 years the exports of Bangladesh to Israel have increased at an annualized rate of 8.89%,  from $134M in 2015 to $205M in 2022.

In 2022, Bangladesh did not export any services to Israel.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $149k to Bangladesh. There were not main exports from Israel to Bangladesh in 2022. During the last 7 years the exports of Israel to Bangladesh have decreased at an annualized rate of 25.8%, from $1.21M in 2015 to $149k in 2022.

In 2018, Bangladesh exported $205M to Israel. The main products exported from Bangladesh to Israel were Knit T-shirts ($69.5M), Non-Knit Women's Suits ($29.6M), and Non-Knit Men's Suits ($28.3M). During the last 5 years the exports of Bangladesh to Israel have increased at an annualized rate of 8.89%, from $134M in 2023 to $205M in 2018.

Exports from Israel (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to Israel (Flag) (2023)

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from Israel than Bangladesh included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Bangladesh than Israel included Germany ($8.28B), Spain ($3.95B), and Poland ($3.04B).

Difference in imports from Bangladesh (Flag) and Israel (Flag) (2023)

Comparative Advantage Israel - Bangladesh

Flow
Scale

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

During 2022, Israel had a large net trade with Bangladesh in the exports of .

During 2018, Bangladesh had a large net trade with Israel in the exports of Textiles ($198M), Footwear and Headwear ($6.67M), and Animal Hides ($588k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Bangladesh+$374kOther Plastic Products
Top Product Potential Bangladesh Israel+$22MKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Israel and Bangladesh. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Bangladesh (Flag) (2023)

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