Flag United States / Bangladesh Flag

2019
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Exports
: $1.63B, Rnk 65 / 218

2019
FlagFlag
Top Product
: $390M, Raw Cotton

2019
FlagFlag
Exports
: $6.86B, Rnk 1 / 127

2019
FlagFlag
Top Product
: $1.72B, Non-Knit Men's Suits

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI -1.01, Rnk 122 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $303B, CURRENT US$
Rnk 40 / 187

2009-2019
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GDP GROWTH
: 195%, CURRENT US$
Rnk 5 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
Flag
GDP PC
: $1,856, CURRENT US$
Rnk 145 / 187

2009-2019
Flag
GDP PC GROWTH
: 164%, CURRENT US$
Rnk 4 / 187

United States-Bangladesh In 2019, United States exported $1.63B to Bangladesh. The main products that United States exported to Bangladesh are Raw Cotton ($390M), Soybeans ($388M), and Scrap Iron ($291M). During the last 24 years the exports of United States to Bangladesh have increased at an annualized rate of 6.39%, from $368M in 1995 to $1.63B in 2019.

In 2019, United States did not export any services to Bangladesh.

Bangladesh-United States In 2019, Bangladesh exported $6.86B to United States . The main products that Bangladesh exported to United States were Non-Knit Men's Suits ($1.72B), Non-Knit Women's Suits ($980M), and Non-Knit Men's Shirts ($688M). During the last 24 years the exports of Bangladesh to United States have increased at an annualized rate of 6.48%, from $1.52B in 1995 to $6.86B in 2019.

In 2019, Bangladesh did not export any services to United States.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Bangladesh ranked 122 in the Economic Complexity Index (ECI -1.01), and 52 in total exports ($47.2B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $1.63B to Bangladesh. The main products exported from United States to Bangladesh were Raw Cotton ($390M), Soybeans ($388M), and Scrap Iron ($291M). During the last 24 years the exports of United States to Bangladesh have increased at an annualized rate of 6.39%, from $368M in 1995 to $1.63B in 2019.

In 2019, Bangladesh exported $6.86B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($1.72B), Non-Knit Women's Suits ($980M), and Non-Knit Men's Shirts ($688M). During the last 24 years the exports of Bangladesh to United States have increased at an annualized rate of 6.48%, from $1.52B in 1995 to $6.86B in 2019.

United States Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Bangladesh
Top Destination
: United States, $6.86B

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 2019, countries that imported more from United States than Bangladesh were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, no countries were registered that imported more from Bangladesh than from United States.

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 2019, United States had a large net trade with Bangladesh in the exports of Vegetable Products ($444M), Textiles ($397M), and Metals ($338M).

During 2019, Bangladesh had a large net trade with United States in the exports of Textiles ($6.17B), Footwear and Headwear ($463M), and Animal Hides ($76.8M).

Tariff Section

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This section 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%).

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

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.