Bangladesh (BGD) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

About

Bangladesh-Switzerland Trade: In 2022, Bangladesh exported $1.12B to Switzerland. The main products that Bangladesh exported to Switzerland were Knit Sweaters ($222M), Non-Knit Men's Suits ($196M), and Knit T-shirts ($107M). Over the past 5 years the exports of Bangladesh to Switzerland have increased at an annualized rate of 17.1%, from $508M in 2017 to $1.12B in 2022.

In 2022, Bangladesh did not export any services to Switzerland.

Switzerland-Bangladesh Trade: In 2022, Switzerland exported $122M to Bangladesh. The main products that Switzerland exported to Bangladesh were Packaged Medicaments ($10.5M), Knitting Machine Accessories ($9.6M), and Vaccines, blood, antisera, toxins and cultures ($9.31M). Over the past 5 years the exports of Switzerland to Bangladesh have decreased at an annualized rate of 4.92%, from $165M in 2017 to $122M in 2022.

In 2022, Switzerland did not export any services to Bangladesh.

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $1.12B to Switzerland. The main products exported from Bangladesh to Switzerland were Knit Sweaters ($222M), Non-Knit Men's Suits ($196M), and Knit T-shirts ($107M). During the last 5 years the exports of Bangladesh to Switzerland have increased at an annualized rate of 17.1%, from $508M in 2017 to $1.12B in 2022.

In 2017, Switzerland exported $122M to Bangladesh. The main products exported from Switzerland to Bangladesh were Packaged Medicaments ($10.5M), Knitting Machine Accessories ($9.6M), and Vaccines, blood, antisera, toxins and cultures ($9.31M). During the last 5 years the exports of Switzerland to Bangladesh have decreased at an annualized rate of 4.92%, from $165M in 2022 to $122M in 2017.

Exports from Bangladesh () to Switzerland () (2022)

Exports from Switzerland () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Switzerland ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Bangladesh than Switzerland included Poland ($3.53B), Denmark ($1.28B), and Nepal ($55.1M).

In 2022, countries that imported more from Switzerland than Bangladesh included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Switzerland in the exports of Textiles ($1.07B), Footwear and Headwear ($33.9M), and Animal Hides ($4.55M).

During 2017, Switzerland had a large net trade with Bangladesh in the exports of Machines ($56.7M), Chemical Products ($43.5M), and Instruments ($14.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Switzerland+$62.4MNon-Knit Women's Suits

Top Product Potential Switzerland Bangladesh+$17.7MVaccines, blood, antisera, toxins and cultures

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Switzerland () (2022)

Exports from Switzerland () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Switzerland ()

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Switzerland

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Switzerland () (2022)

Keep Exploring