2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Ukraine-Bangladesh Trade: In 2023, Ukraine exported $211M to Bangladesh. The main products that Ukraine exported to Bangladesh were Wheat ($171M), Rapeseed ($15M), and Dried Legumes ($7.27M). Over the past 5 years the exports of Ukraine to Bangladesh have decreased at an annualized rate of 0.55%, from $217M in 2018 to $211M in 2023.

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

Bangladesh-Ukraine Trade: In 2023, Bangladesh exported $136M to Ukraine. The main products that Bangladesh exported to Ukraine were Knit T-shirts ($24.1M), Knit Sweaters ($18.8M), and Leather Footwear ($16.4M). Over the past 5 years the exports of Bangladesh to Ukraine have increased at an annualized rate of 10.2%,  from $83.5M in 2018 to $136M in 2023.

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

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $211M to Bangladesh. The main products exported from Ukraine to Bangladesh were Wheat ($171M), Rapeseed ($15M), and Dried Legumes ($7.27M). During the last 5 years the exports of Ukraine to Bangladesh have decreased at an annualized rate of 0.55%, from $217M in 2018 to $211M in 2023.

In 2018, Bangladesh exported $136M to Ukraine. The main products exported from Bangladesh to Ukraine were Knit T-shirts ($24.1M), Knit Sweaters ($18.8M), and Leather Footwear ($16.4M). During the last 5 years the exports of Bangladesh to Ukraine have increased at an annualized rate of 10.2%, from $83.5M in 2023 to $136M in 2018.

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

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

Latest Data

Trade between Ukraine (Flag) and Bangladesh (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from Ukraine than Bangladesh included Romania ($3.56B), Turkey ($2.88B), and Poland ($4.83B).

In 2023, countries that imported more from Bangladesh than Ukraine included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Ukraine - Bangladesh

Flow
Scale

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

During 2023, Ukraine had a large net trade with Bangladesh in the exports of Vegetable Products ($196M), Animal Products ($7.09M), and Machines ($2.28M).

During 2018, Bangladesh had a large net trade with Ukraine in the exports of Textiles ($112M), Footwear and Headwear ($19.1M), and Animal Products ($2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Bangladesh+$6.48kCorn
Top Product Potential Bangladesh Ukraine+$5.37kNon-Knit Men'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 Ukraine and Bangladesh. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Ukraine.

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

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