2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Bangladesh-Colombia Trade: In 2022, Bangladesh exported $54.3M to Colombia. The main products that Bangladesh exported to Colombia were Non-Knit Men's Suits ($19.8M), Knit T-shirts ($18.8M), and Non-Knit Women's Suits ($16.5M). Over the past 5 years the exports of Bangladesh to Colombia have increased at an annualized rate of 248%, from $107k in 2017 to $54.3M in 2022.

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

Colombia-Bangladesh Trade: In 2022, Colombia exported $1.17M to Bangladesh. The main products that Colombia exported to Bangladesh were Scrap Iron ($1.82M), Motor vehicles; parts and accessories (8701 to 8705) ($574k), and Polyamide Fabric ($32.1k). Over the past 5 years the exports of Colombia to Bangladesh have increased at an annualized rate of 198%,  from $5.01k in 2017 to $1.17M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $54.3M to Colombia. The main products exported from Bangladesh to Colombia were Non-Knit Men's Suits ($19.8M), Knit T-shirts ($18.8M), and Non-Knit Women's Suits ($16.5M). During the last 5 years the exports of Bangladesh to Colombia have increased at an annualized rate of 248%, from $107k in 2017 to $54.3M in 2022.

In 2017, Colombia exported $1.17M to Bangladesh. The main products exported from Colombia to Bangladesh were Scrap Iron ($1.82M), Motor vehicles; parts and accessories (8701 to 8705) ($574k), and Polyamide Fabric ($32.1k). During the last 22 years the exports of Colombia to Bangladesh have increased at an annualized rate of 198%, from $5.01k in 1995 to $1.17M in 2017.

Exports from Bangladesh (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Bangladesh than Colombia included Germany ($10.2B), United Kingdom ($4.86B), and Spain ($4.41B).

In 2022, countries that imported more from Colombia than Bangladesh included Panama ($5.84B), United States ($15.6B), and Brazil ($2.39B).

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

Comparative Advantage Bangladesh - Colombia

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Colombia in the exports of Textiles ($110M), Footwear and Headwear ($5.34M), and Plastics and Rubbers ($564k).

During 2017, Colombia had a large net trade with Bangladesh in the exports of Metals ($1.82M), Transportation ($574k), and Textiles ($61.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Colombia (Flag) (2022)

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