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2023
Flag → Flag
Exports $636MRnk 45 / 182
2023
Flag → Flag
Top Product $190MMixed Mineral or Chemical Fertilizers
2023
Flag → Flag
Exports $466MRnk 22 / 138
2023
Flag → Flag
Top Product $77MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Saudi Arabia-Bangladesh Trade: In 2023, Saudi Arabia exported $636M to Bangladesh. The main products that Saudi Arabia exported to Bangladesh were Mixed Mineral or Chemical Fertilizers ($190M), Nitrogenous Fertilizers ($177M), and Ethylene Polymers ($86.2M). Over the past 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 0.32%, from $626M in 2018 to $636M in 2023.

In 2023, Saudi Arabia did not export any services to Bangladesh.

Bangladesh-Saudi Arabia Trade: In 2023, Bangladesh exported $466M to Saudi Arabia. The main products that Bangladesh exported to Saudi Arabia were Knit T-shirts ($77M), Non-Knit Men's Suits ($51.7M), and Non-Knit Women's Suits ($39.1M). Over the past 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 5.23%,  from $361M in 2018 to $466M in 2023.

In 2023, Bangladesh did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $636M to Bangladesh. The main products exported from Saudi Arabia to Bangladesh were Mixed Mineral or Chemical Fertilizers ($190M), Nitrogenous Fertilizers ($177M), and Ethylene Polymers ($86.2M). During the last 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 0.32%, from $626M in 2018 to $636M in 2023.

In 2018, Bangladesh exported $466M to Saudi Arabia. The main products exported from Bangladesh to Saudi Arabia were Knit T-shirts ($77M), Non-Knit Men's Suits ($51.7M), and Non-Knit Women's Suits ($39.1M). During the last 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 5.23%, from $361M in 2023 to $466M in 2018.

Exports from Saudi Arabia (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Bangladesh (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Saudi Arabia than Bangladesh included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Bangladesh than Saudi Arabia included Germany ($8.28B), United Kingdom ($4.25B), and Czechia ($992M).

Difference in imports from Bangladesh (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Bangladesh

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Bangladesh in the exports of Chemical Products ($410M), Plastics and Rubbers ($165M), and Foodstuffs ($37.9M).

During 2018, Bangladesh had a large net trade with Saudi Arabia in the exports of Textiles ($359M), Vegetable Products ($47.1M), and Foodstuffs ($29.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Bangladesh+$12.7kRefined Petroleum
Top Product Potential Bangladesh Saudi Arabia+$7.42kKnit 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 Saudi Arabia and Bangladesh. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Bangladesh (Flag) (2023)

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