Argentina (ARG) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Argentina-Bangladesh Trade: In 2023, Argentina exported $450M to Bangladesh. The main products that Argentina exported to Bangladesh were Soybean Oil ($308M), Soybean Meal ($112M), and Corn ($27.2M). Over the past 5 years the exports of Argentina to Bangladesh have decreased at an annualized rate of 2.82%, from $520M in 2018 to $450M in 2023.

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

Bangladesh-Argentina Trade: In 2023, Bangladesh exported $27M to Argentina. The main products that Bangladesh exported to Argentina were Non-Knit Men's Suits ($5.03M), Knit Sweaters ($3.96M), and Knit T-shirts ($2.3M). Over the past 5 years the exports of Bangladesh to Argentina have decreased at an annualized rate of 9.34%, from $44.1M in 2018 to $27M in 2023.

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

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $450M to Bangladesh. The main products exported from Argentina to Bangladesh were Soybean Oil ($308M), Soybean Meal ($112M), and Corn ($27.2M). During the last 5 years the exports of Argentina to Bangladesh have decreased at an annualized rate of 2.82%, from $520M in 2018 to $450M in 2023.

In 2018, Bangladesh exported $27M to Argentina. The main products exported from Bangladesh to Argentina were Non-Knit Men's Suits ($5.03M), Knit Sweaters ($3.96M), and Knit T-shirts ($2.3M). During the last 5 years the exports of Bangladesh to Argentina have decreased at an annualized rate of 9.34%, from $44.1M in 2023 to $27M in 2018.

Exports from Argentina () to Bangladesh () (2023)

Exports from Bangladesh () to Argentina () (2023)

Latest Data

Trade between Argentina () and Bangladesh ()

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Argentina than Bangladesh included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

In 2023, countries that imported more from Bangladesh than Argentina included Germany ($8.28B), United Kingdom ($4.25B), and Poland ($3.04B).

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

Comparative Advantage Argentina - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Bangladesh in the exports of Animal and Vegetable Bi-Products ($308M), Foodstuffs ($112M), and Vegetable Products ($27.2M).

During 2018, Bangladesh had a large net trade with Argentina in the exports of Textiles ($23.3M), Footwear and Headwear ($1.95M), and Paper Goods ($1.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Bangladesh+$7.27kRefined Petroleum

Top Product Potential Bangladesh Argentina+$4.26kKnit Sweaters

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

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Bangladesh () (2023)

Exports from Bangladesh () to Argentina () (2023)

Latest Data

Trade between Argentina () and Bangladesh ()

Argentina Exports

Market Competitiveness

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

Comparative Advantage Argentina - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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