2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Turkey-Bangladesh Trade: In 2022, Turkey exported $329M to Bangladesh. The main products that Turkey exported to Bangladesh were Raw Cotton ($52.6M), Textile Processing Machines ($47.2M), and Non-Retail Pure Cotton Yarn ($23.1M). Over the past 5 years the exports of Turkey to Bangladesh have increased at an annualized rate of 129%, from $5.24M in 2017 to $329M in 2022.

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

Bangladesh-Turkey Trade: In 2022, Bangladesh exported $743M to Turkey. The main products that Bangladesh exported to Turkey were Jute Yarn ($198M), Knit Sweaters ($67.4M), and Non-Knit Women's Suits ($50.5M). Over the past 5 years the exports of Bangladesh to Turkey have increased at an annualized rate of 103%,  from $21.6M in 2017 to $743M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $329M to Bangladesh. The main products exported from Turkey to Bangladesh were Raw Cotton ($52.6M), Textile Processing Machines ($47.2M), and Non-Retail Pure Cotton Yarn ($23.1M). During the last 5 years the exports of Turkey to Bangladesh have increased at an annualized rate of 129%, from $5.24M in 2017 to $329M in 2022.

In 2017, Bangladesh exported $743M to Turkey. The main products exported from Bangladesh to Turkey were Jute Yarn ($198M), Knit Sweaters ($67.4M), and Non-Knit Women's Suits ($50.5M). During the last 22 years the exports of Bangladesh to Turkey have increased at an annualized rate of 103%, from $21.6M in 1995 to $743M in 2017.

Exports from Turkey (Flag) to Bangladesh (Flag) (2022)

Exports from Bangladesh (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and Bangladesh (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Turkey than Bangladesh included Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

In 2022, countries that imported more from Bangladesh than Turkey included Japan ($1.69B), Australia ($1.07B), and Canada ($2.02B).

Difference in imports from Bangladesh (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - Bangladesh

Flow
Scale

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

During 2022, Turkey had a large net trade with Bangladesh in the exports of Machines ($173M), Textiles ($115M), and Chemical Products ($62.8M).

During 2017, Bangladesh had a large net trade with Turkey in the exports of Textiles ($594M), Footwear and Headwear ($16.7M), and Foodstuffs ($11.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Turkey (Flag) and Bangladesh (Flag) (2022)

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