2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

United Arab Emirates-Bangladesh Trade: In 2023, United Arab Emirates exported $1.28B to Bangladesh. The main products that United Arab Emirates exported to Bangladesh were Gold ($541M), Cement ($89M), and Limestone ($71.2M). Over the past 5 years the exports of United Arab Emirates to Bangladesh have increased at an annualized rate of 2.37%, from $1.14B in 2018 to $1.28B in 2023.

In 2023, United Arab Emirates did not export any services to Bangladesh.

Bangladesh-United Arab Emirates Trade: In 2023, Bangladesh exported $820M to United Arab Emirates. The main products that Bangladesh exported to United Arab Emirates were Knit T-shirts ($120M), Non-Knit Men's Suits ($101M), and Non-Knit Women's Suits ($62.2M). Over the past 5 years the exports of Bangladesh to United Arab Emirates have increased at an annualized rate of 10.3%,  from $503M in 2018 to $820M in 2023.

In 2023, Bangladesh did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $1.28B to Bangladesh. The main products exported from United Arab Emirates to Bangladesh were Gold ($541M), Cement ($89M), and Limestone ($71.2M). During the last 5 years the exports of United Arab Emirates to Bangladesh have increased at an annualized rate of 2.37%, from $1.14B in 2018 to $1.28B in 2023.

In 2018, Bangladesh exported $820M to United Arab Emirates. The main products exported from Bangladesh to United Arab Emirates were Knit T-shirts ($120M), Non-Knit Men's Suits ($101M), and Non-Knit Women's Suits ($62.2M). During the last 5 years the exports of Bangladesh to United Arab Emirates have increased at an annualized rate of 10.3%, from $503M in 2023 to $820M in 2018.

Exports from United Arab Emirates (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Bangladesh (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from United Arab Emirates than Bangladesh included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Bangladesh than United Arab Emirates included Spain ($3.95B), Poland ($3.04B), and United States ($8.58B).

Difference in imports from Bangladesh (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Bangladesh

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Bangladesh in the exports of Precious Metals ($573M), Mineral Products ($287M), and Metals ($88M).

During 2018, Bangladesh had a large net trade with United Arab Emirates in the exports of Textiles ($656M), Foodstuffs ($76.5M), and Footwear and Headwear ($29.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Bangladesh+$102MRefined Petroleum
Top Product Potential Bangladesh United Arab Emirates+$56.2MKnit T-shirts

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 United Arab Emirates and Bangladesh. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Bangladesh (Flag) (2023)

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