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2021
Flag → Flag
Exports $23.6MRnk 45 / 0
2021
Flag → Flag
Exports $23.7MRnk 25 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Bangladesh-Belarus Trade: In 2021, Bangladesh exported $23.6M to Belarus. The main products that Bangladesh exported to Belarus were N/A. Over the past 5 years the exports of Bangladesh to Belarus have increased at an annualized rate of 5.68%, from $17.9M in 2016 to $23.6M in 2021.

In 2021, Bangladesh did not export any services to Belarus.

Belarus-Bangladesh Trade: In 2021, Belarus exported $23.7M to Bangladesh. The main products that Belarus exported to Bangladesh were N/A. Over the past 5 years the exports of Belarus to Bangladesh have decreased at an annualized rate of 29.4%,  from $135M in 2016 to $23.7M in 2021.

In 2014, Belarus exported services to Bangladesh worth $5.01k, with Government services, n.i.e. ($5k) and Insurance services ($9) being the largest in terms of value.

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bangladesh exported $23.6M to Belarus. There were not main exports from Bangladesh to Belarus in 2021. During the last 5 years the exports of Bangladesh to Belarus have increased at an annualized rate of 5.68%, from $17.9M in 2016 to $23.6M in 2021.

In 2016, Belarus exported $23.7M to Bangladesh. There were not main exports from Belarus to Bangladesh in 2016. During the last 5 years the exports of Belarus to Bangladesh have decreased at an annualized rate of 29.4%, from $135M in 2021 to $23.7M in 2016.

Exports from Bangladesh (Flag) to Belarus (Flag) (2021)

Exports from Belarus (Flag) to Bangladesh (Flag) (2021)

Latest Data

Trade between Bangladesh (Flag) and Belarus (Flag)

Belarus Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Belarus
Top DestinationChina$1.6B

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

In 2022, countries that imported more from Bangladesh than Belarus included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Belarus than Bangladesh included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

Difference in imports from Belarus (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Belarus

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Bangladesh in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Belarus+$3.53kNon-Knit Women's Suits
Top Product Potential Belarus Bangladesh+$4.69kPotassic Fertilizers

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

Product Space of Bangladesh (Flag) and Belarus (Flag) (2021)

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