2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Pakistan-Bangladesh Trade: In 2023, Pakistan exported $690M to Bangladesh. The main products that Pakistan exported to Bangladesh were Heavy Pure Woven Cotton ($306M), Non-Retail Pure Cotton Yarn ($71.5M), and Heavy Mixed Woven Cotton ($54M). Over the past 5 years the exports of Pakistan to Bangladesh have decreased at an annualized rate of 2.5%, from $784M in 2018 to $690M in 2023.

In 2023, Pakistan did not export any services to Bangladesh.

Bangladesh-Pakistan Trade: In 2023, Bangladesh exported $58.6M to Pakistan. The main products that Bangladesh exported to Pakistan were Jute and Other Textile Fibers ($40.1M), Raw Tobacco ($3.65M), and Packaged Medicaments ($3.53M). Over the past 5 years the exports of Bangladesh to Pakistan have decreased at an annualized rate of 4.11%,  from $72.3M in 2018 to $58.6M in 2023.

In 2023, Bangladesh did not export any services to Pakistan.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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 2023, Pakistan exported $690M to Bangladesh. The main products exported from Pakistan to Bangladesh were Heavy Pure Woven Cotton ($306M), Non-Retail Pure Cotton Yarn ($71.5M), and Heavy Mixed Woven Cotton ($54M). During the last 5 years the exports of Pakistan to Bangladesh have decreased at an annualized rate of 2.5%, from $784M in 2018 to $690M in 2023.

In 2018, Bangladesh exported $58.6M to Pakistan. The main products exported from Bangladesh to Pakistan were Jute and Other Textile Fibers ($40.1M), Raw Tobacco ($3.65M), and Packaged Medicaments ($3.53M). During the last 5 years the exports of Bangladesh to Pakistan have decreased at an annualized rate of 4.11%, from $72.3M in 2023 to $58.6M in 2018.

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

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

Latest Data

Trade between Pakistan (Flag) and Bangladesh (Flag)

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from Pakistan than Bangladesh included United Arab Emirates ($3.7B), China ($3.4B), and Afghanistan ($969M).

In 2023, countries that imported more from Bangladesh than Pakistan included Germany ($8.28B), United States ($8.58B), and Spain ($3.95B).

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

Comparative Advantage Pakistan - Bangladesh

Flow
Scale

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

During 2023, Pakistan had a large net trade with Bangladesh in the exports of Textiles ($508M), Mineral Products ($54.7M), and Vegetable Products ($49.5M).

During 2018, Bangladesh had a large net trade with Pakistan in the exports of Textiles ($45.2M), Chemical Products ($8.06M), and Foodstuffs ($3.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Bangladesh+$29.1MNon-Retail Pure Cotton Yarn
Top Product Potential Bangladesh Pakistan+$2.15MPackaged Medicaments

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

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

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