2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Bangladesh-Ecuador Trade: In 2022, Bangladesh exported $13.4M to Ecuador. The main products that Bangladesh exported to Ecuador were Knit T-shirts ($5.12M), Non-Knit Men's Suits ($4.33M), and Non-Knit Women's Suits ($3.92M). Over the past 5 years the exports of Bangladesh to Ecuador have increased at an annualized rate of 188%, from $67.9k in 2017 to $13.4M in 2022.

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

Ecuador-Bangladesh Trade: In 2022, Ecuador exported $1.32M to Bangladesh. The main products that Ecuador exported to Bangladesh were Animal Meal and Pellets ($445k), Rough Wood ($344k), and Cocoa Paste ($110k). Over the past 5 years the exports of Ecuador to Bangladesh have increased at an annualized rate of 205%,  from $5k in 2017 to $1.32M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $13.4M to Ecuador. The main products exported from Bangladesh to Ecuador were Knit T-shirts ($5.12M), Non-Knit Men's Suits ($4.33M), and Non-Knit Women's Suits ($3.92M). During the last 5 years the exports of Bangladesh to Ecuador have increased at an annualized rate of 188%, from $67.9k in 2017 to $13.4M in 2022.

In 2017, Ecuador exported $1.32M to Bangladesh. The main products exported from Ecuador to Bangladesh were Animal Meal and Pellets ($445k), Rough Wood ($344k), and Cocoa Paste ($110k). During the last 21 years the exports of Ecuador to Bangladesh have increased at an annualized rate of 205%, from $5k in 1996 to $1.32M in 2017.

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

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

Latest Data

Trade between Bangladesh (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Bangladesh than Ecuador included Germany ($10.2B), United Kingdom ($4.86B), and Poland ($3.53B).

In 2022, countries that imported more from Ecuador than Bangladesh included China ($6.17B), Panama ($4.97B), and Chile ($1.34B).

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

Comparative Advantage Bangladesh - Ecuador

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Ecuador in the exports of Textiles ($27.3M), Chemical Products ($1.21M), and Footwear and Headwear ($741k).

During 2017, Ecuador had a large net trade with Bangladesh in the exports of Foodstuffs ($559k), Wood Products ($387k), and Animal and Vegetable Bi-Products ($74.9k).

Economic Complexity

Competitive Landscape

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

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

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