Kyrgyzstan (KGZ) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Kyrgyzstan-Bangladesh Trade: In 2022, Kyrgyzstan exported $243k to Bangladesh. The main products that Kyrgyzstan exported to Bangladesh were Refined Petroleum ($242k) and Other Prepared Meat ($1.54k). Over the past 6 years the exports of Kyrgyzstan to Bangladesh have increased at an annualized rate of 16.2%, from $98.5k in 2016 to $243k in 2022.

In 2009, Kyrgyzstan exported services to Bangladesh worth $0, with being the largest in terms of value.

Bangladesh-Kyrgyzstan Trade: In 2022, Bangladesh exported $1.76M to Kyrgyzstan. The main products that Bangladesh exported to Kyrgyzstan were Knit Sweaters ($405k), Knit T-shirts ($240k), and Medical Instruments ($155k). Over the past 6 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 9.03%, from $3.1M in 2016 to $1.76M in 2022.

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

Comparison: In 2022, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kyrgyzstan exported $243k to Bangladesh. The main products exported from Kyrgyzstan to Bangladesh were Refined Petroleum ($242k) and Other Prepared Meat ($1.54k). During the last 6 years the exports of Kyrgyzstan to Bangladesh have increased at an annualized rate of 16.2%, from $98.5k in 2016 to $243k in 2022.

In 2017, Bangladesh exported $1.76M to Kyrgyzstan. The main products exported from Bangladesh to Kyrgyzstan were Knit Sweaters ($405k), Knit T-shirts ($240k), and Medical Instruments ($155k). During the last 5 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 9.03%, from $3.1M in 2022 to $1.76M in 2017.

Exports from Kyrgyzstan () to Bangladesh () (2022)

Exports from Bangladesh () to Kyrgyzstan () (2022)

Latest Data

Trade between Kyrgyzstan () and Bangladesh ()

Kyrgyzstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kyrgyzstan
Top DestinationRussia$1.07B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Kyrgyzstan than Bangladesh included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

In 2022, countries that imported more from Bangladesh than Kyrgyzstan included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Kyrgyzstan () (2022)

Comparative Advantage Kyrgyzstan - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kyrgyzstan had a large net trade with Bangladesh in the exports of Mineral Products ($242k) and Foodstuffs ($1.54k).

During 2017, Bangladesh had a large net trade with Kyrgyzstan in the exports of Textiles ($1.56M), Instruments ($155k), and Footwear and Headwear ($31.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kyrgyzstan Bangladesh+$1.11MRefined Petroleum

Top Product Potential Bangladesh Kyrgyzstan+$2.04MKnit Sweaters

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Kyrgyzstan () to Bangladesh () (2022)

Exports from Bangladesh () to Kyrgyzstan () (2022)

Latest Data

Trade between Kyrgyzstan () and Bangladesh ()

Kyrgyzstan Exports

Market Competitiveness

Difference in imports from Bangladesh () and Kyrgyzstan () (2022)

Comparative Advantage Kyrgyzstan - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kyrgyzstan () and Bangladesh () (2022)

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