Zimbabwe (ZWE) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Zimbabwe-Bangladesh Trade: In 2023, Zimbabwe exported $3.3M to Bangladesh. The main products that Zimbabwe exported to Bangladesh were Raw Tobacco ($3.3M) and Used Clothing ($931). Over the past 10 years the exports of Zimbabwe to Bangladesh have decreased at an annualized rate of 16.8%, from $20.8M in 2013 to $3.3M in 2023.

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

Bangladesh-Zimbabwe Trade: In 2023, Bangladesh exported $231k to Zimbabwe. The main products that Bangladesh exported to Zimbabwe were Packaged Medicaments ($185k), Special Pharmaceuticals ($22.7k), and Unpackaged Medicaments ($13.3k). Over the past 10 years the exports of Bangladesh to Zimbabwe have increased at an annualized rate of 2.27%, from $207k in 2013 to $231k in 2023.

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

Comparison: In 2023, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Zimbabwe exported $3.3M to Bangladesh. The main products exported from Zimbabwe to Bangladesh were Raw Tobacco ($3.3M) and Used Clothing ($931). During the last 10 years the exports of Zimbabwe to Bangladesh have decreased at an annualized rate of 16.8%, from $20.8M in 2013 to $3.3M in 2023.

In 2018, Bangladesh exported $231k to Zimbabwe. The main products exported from Bangladesh to Zimbabwe were Packaged Medicaments ($185k), Special Pharmaceuticals ($22.7k), and Unpackaged Medicaments ($13.3k). During the last 5 years the exports of Bangladesh to Zimbabwe have increased at an annualized rate of 2.27%, from $207k in 2023 to $231k in 2018.

Exports from Zimbabwe () to Bangladesh () (2023)

Exports from Bangladesh () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Bangladesh ()

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Zimbabwe than Bangladesh included United Arab Emirates ($4.1B), South Africa ($1.39B), and China ($1.6B).

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

Difference in imports from Bangladesh () and Zimbabwe () (2023)

Comparative Advantage Zimbabwe - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zimbabwe had a large net trade with Bangladesh in the exports of Foodstuffs ($3.3M) and Textiles ($931).

During 2018, Bangladesh had a large net trade with Zimbabwe in the exports of Chemical Products ($221k), Paper Goods ($5.4k), and Machines ($2.99k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Bangladesh+$5.69kGold

Top Product Potential Bangladesh Zimbabwe+$2.3kNon-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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Bangladesh () (2023)

Exports from Bangladesh () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Bangladesh ()

Zimbabwe Exports

Market Competitiveness

Difference in imports from Bangladesh () and Zimbabwe () (2023)

Comparative Advantage Zimbabwe - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Bangladesh () (2023)

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