Overview In 2020 Bangladesh was the number 39 economy in the world in terms of GDP (current US$), the number 52 in total exports, the number 50 in total imports,
the number 149 economy in terms of GDP per capita (current US$) and the number 111 most complex economy according to the Economic Complexity Index (ECI).
In 2019, Bangladesh exported $6.06B worth of services. The top services exported by Bangladesh in 2019 were Government services, n.i.e. ($3.04B), Other business services ($949M), Transportation ($622M), Computer and information services ($512M), and Personal travel ($387M).
The top services imported by Bangladesh in 2019 were Transportation ($5.69B), Financial services ($927M), Other business services ($906M), Personal travel ($861M), and Construction services ($504M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Bangladesh. These are products that tend to be co-exported with the products that Bangladesh exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Bangladesh's economy has become relatively less complex, moving from the 86th to the 111th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.