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2023
Flag → Flag
Exports $89.2MRnk 49 / 138
2023
Flag → Flag
Top Product $12.6MKnit T-shirts
2023
Flag → Flag
Exports $8.03MRnk 81 / 144
2023
Flag → Flag
Top Product $7.87MAsbestos
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Bangladesh-Kazakhstan Trade: In 2023, Bangladesh exported $89.2M to Kazakhstan. The main products that Bangladesh exported to Kazakhstan were Knit T-shirts ($12.6M), Knit Sweaters ($12.4M), and Non-Knit Women's Suits ($11.6M). Over the past 5 years the exports of Bangladesh to Kazakhstan have increased at an annualized rate of 13.1%, from $48.2M in 2018 to $89.2M in 2023.

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

Kazakhstan-Bangladesh Trade: In 2023, Kazakhstan exported $8.03M to Bangladesh. The main products that Kazakhstan exported to Bangladesh were Asbestos ($7.87M), Rubberworking Machinery ($148k), and Chemical Analysis Instruments ($5.93k). Over the past 5 years the exports of Kazakhstan to Bangladesh have increased at an annualized rate of 32.8%,  from $1.95M in 2018 to $8.03M in 2023.

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $89.2M to Kazakhstan. The main products exported from Bangladesh to Kazakhstan were Knit T-shirts ($12.6M), Knit Sweaters ($12.4M), and Non-Knit Women's Suits ($11.6M). During the last 5 years the exports of Bangladesh to Kazakhstan have increased at an annualized rate of 13.1%, from $48.2M in 2018 to $89.2M in 2023.

In 2018, Kazakhstan exported $8.03M to Bangladesh. The main products exported from Kazakhstan to Bangladesh were Asbestos ($7.87M), Rubberworking Machinery ($148k), and Chemical Analysis Instruments ($5.93k). During the last 5 years the exports of Kazakhstan to Bangladesh have increased at an annualized rate of 32.8%, from $1.95M in 2023 to $8.03M in 2018.

Exports from Bangladesh (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and Kazakhstan (Flag)

Kazakhstan Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Bangladesh than Kazakhstan included United States ($8.58B), Germany ($8.28B), and Poland ($3.04B).

In 2023, countries that imported more from Kazakhstan than Bangladesh included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Kazakhstan

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Kazakhstan in the exports of Textiles ($84.5M), Footwear and Headwear ($3.04M), and Chemical Products ($775k).

During 2018, Kazakhstan had a large net trade with Bangladesh in the exports of Mineral Products ($7.88M), Machines ($148k), and Instruments ($5.93k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Kazakhstan+$16.1MKnit Sweaters
Top Product Potential Kazakhstan Bangladesh+$9.25kRefined Petroleum

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

Product Space of Bangladesh (Flag) and Kazakhstan (Flag) (2023)

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