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2022
Flag → Flag
Exports $380MRnk 24 / 210
2022
Flag → Flag
Top Product $283MConcentrated Milk
2022
Flag → Flag
Exports $149MRnk 34 / 139
2022
Flag → Flag
Top Product $38.8MKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

New Zealand-Bangladesh Trade: In 2022, New Zealand exported $380M to Bangladesh. The main products that New Zealand exported to Bangladesh were Concentrated Milk ($283M), Scrap Iron ($83.3M), and Butter ($4.29M). Over the past 5 years the exports of New Zealand to Bangladesh have increased at an annualized rate of 11.6%, from $219M in 2017 to $380M in 2022.

In 2022, New Zealand did not export any services to Bangladesh.

Bangladesh-New Zealand Trade: In 2022, Bangladesh exported $149M to New Zealand. The main products that Bangladesh exported to New Zealand were Knit T-shirts ($38.8M), Non-Knit Men's Suits ($20.4M), and Non-Knit Women's Suits ($16.5M). Over the past 5 years the exports of Bangladesh to New Zealand have increased at an annualized rate of 9.94%,  from $76.8M in 2017 to $149M in 2022.

In 2022, Bangladesh did not export any services to New Zealand.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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
Value

In 2022, New Zealand exported $380M to Bangladesh. The main products exported from New Zealand to Bangladesh were Concentrated Milk ($283M), Scrap Iron ($83.3M), and Butter ($4.29M). During the last 5 years the exports of New Zealand to Bangladesh have increased at an annualized rate of 11.6%, from $219M in 2017 to $380M in 2022.

In 2017, Bangladesh exported $149M to New Zealand. The main products exported from Bangladesh to New Zealand were Knit T-shirts ($38.8M), Non-Knit Men's Suits ($20.4M), and Non-Knit Women's Suits ($16.5M). During the last 5 years the exports of Bangladesh to New Zealand have increased at an annualized rate of 9.94%, from $76.8M in 2022 to $149M in 2017.

Exports from New Zealand (Flag) to Bangladesh (Flag) (2022)

Exports from Bangladesh (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Bangladesh (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from New Zealand than Bangladesh included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

In 2022, countries that imported more from Bangladesh than New Zealand included Germany ($10.2B), United States ($11.7B), and Spain ($4.41B).

Difference in imports from Bangladesh (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Bangladesh

Flow
Scale

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

During 2022, New Zealand had a large net trade with Bangladesh in the exports of Animal Products ($289M), Metals ($84.1M), and Vegetable Products ($1.86M).

During 2017, Bangladesh had a large net trade with New Zealand in the exports of Textiles ($142M), Footwear and Headwear ($3.1M), and Foodstuffs ($802k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Bangladesh+$1.55MApples and Pears
Top Product Potential Bangladesh New Zealand+$11.8MNon-Knit Women's Suits

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 New Zealand and Bangladesh. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and Bangladesh (Flag) (2022)

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