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2022
Flag → Flag
Exports $492MRnk 78 / 219
2022
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Top Product $52.6MRaw Cotton
2022
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Exports $641MRnk 20 / 139
2022
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Top Product $198MJute Yarn
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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Economic Complexity (ECI) ECI -0.9Rnk 100 / 124
2022
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GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
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GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
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GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Turkey-Bangladesh In 2022, Turkey exported $492M to Bangladesh. The main products that Turkey exported to Bangladesh are Raw Cotton ($52.6M), Textile Processing Machines ($47.2M), and Non-Retail Pure Cotton Yarn ($23.1M). During the last 27 years the exports of Turkey to Bangladesh have increased at an annualized rate of 18.3%, from $5.24M in 1995 to $492M in 2022.

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

Bangladesh-Turkey In 2022, Bangladesh exported $641M 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). During the last 27 years the exports of Bangladesh to Turkey have increased at an annualized rate of 13.4%, from $21.6M in 1995 to $641M in 2022.

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

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $492M 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 27 years the exports of Turkey to Bangladesh have increased at an annualized rate of 18.3%, from $5.24M in 1995 to $492M in 2022.

In 2022, Bangladesh exported $641M 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 27 years the exports of Bangladesh to Turkey have increased at an annualized rate of 13.4%, from $21.6M in 1995 to $641M in 2022.

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 DestinationGermany$21.9B
Bangladesh
Top DestinationUnited 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 2021, countries that imported more from Turkey than Bangladesh were Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

In 2021, countries that imported more from Bangladesh than Turkey were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over Turkey.

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

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