Flag United States / Bangladesh Flag

Exports FlagFlag  (2018): $1.67B, Rnk 64 / 215

Top Product FlagFlag (2018): $435M, Soybeans

Exports FlagFlag (2018): $6.23B, Rnk 2 / 125

Top Product FlagFlag (2018): $1.64B, Non-Knit Men's Suits

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI -1.42, Rnk 127 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $274B, CURRENT US$
Rnk 42 / 196

GDP GROWTH Flag (2008-2018): 199%, CURRENT US$
Rnk 5 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $1,698, CURRENT US$
Rnk 156 / 196

GDP PC GROWTH Flag (2008-2018): 167%, CURRENT US$
Rnk 4 / 196

United States-Bangladesh: In 2018, United States exported $1.67B to Bangladesh. The main products exported from United States to Bangladesh were Soybeans ($435M), Raw Cotton ($387M), and Scrap Iron ($285M). During the last 23 years the exports of United States to Bangladesh have increased at an annualized rate of 7.21%, from $336M in 1995 to $1.67B in 2018.

Bangladesh-United States: In 2018, Bangladesh exported $6.23B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($1.64B), Non-Knit Women's Suits ($874M), and Non-Knit Men's Shirts ($659M). During the last 23 years the exports of Bangladesh to United States have increased at an annualized rate of 6.21%, from $1.56B in 1995 to $6.23B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Bangladesh ranked 127 in the Economic Complexity Index (ECI -1.42), and 54 in total exports ($44.9B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Bangladesh was ranked 156 with a GDP Per Capita of $1,698.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $1.67B to Bangladesh. The main products exported from United States to Bangladesh were Soybeans ($435M), Raw Cotton ($387M), and Scrap Iron ($285M). During the last 23 years the exports of United States to Bangladesh have increased at an annualized rate of 7.21%, from $336M in 1995 to $1.67B in 2018.

In 2018, Bangladesh exported $6.23B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($1.64B), Non-Knit Women's Suits ($874M), and Non-Knit Men's Shirts ($659M). During the last 23 years the exports of Bangladesh to United States have increased at an annualized rate of 6.21%, from $1.56B in 1995 to $6.23B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Bangladesh
Top Destination
: Germany, $6.88B

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

In 2018, countries that imported more from United States than Bangladesh were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Bangladesh than United States were Andorra ($5.92M).

Comparative Advantage United States - Bangladesh

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Depth

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

During 2018, United States had a large net trade with Bangladesh in the exports of Vegetable Products ($564M), Textiles ($396M), and Metals ($305M).

During 2018, Bangladesh had a large net trade with United States in the exports of Textiles ($5.65B), Footwear and Headwear ($389M), and Animal Hides ($58.7M).

Tariff Section

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This sections shows import tariffs for products traded between United States and Bangladesh (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Bangladesh were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2016, the products from Bangladesh that paid the highest import tariffs to enter United States were Poultry: live, fowls of the species Gallus domesticus, weighing more than 185g (25%) and Poultry, live except domestic fowls, > 185 grams (25%).

Explore Tariff Data

*The tariffs present between United States and Bangladesh are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United States and Bangladesh. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Bangladesh. Similarly, the more red a dot/product is, the more Bangladesh has comparative advantage over United States.