Bangladesh (BGD) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Bangladesh-Kazakhstan Trade: In 2022, Bangladesh exported $48.8M to Kazakhstan. The main products that Bangladesh exported to Kazakhstan were Knit Sweaters ($8.09M), Knit T-shirts ($6.03M), and Non-Knit Men's Suits ($6.01M). Over the past 5 years the exports of Bangladesh to Kazakhstan have increased at an annualized rate of 1.37%, from $45.6M in 2017 to $48.8M in 2022.

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

Kazakhstan-Bangladesh Trade: In 2022, Kazakhstan exported $2.57M to Bangladesh. The main products that Kazakhstan exported to Bangladesh were Asbestos ($2.57M). Over the past 5 years the exports of Kazakhstan to Bangladesh have increased at an annualized rate of 15.9%, from $1.23M in 2017 to $2.57M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $48.8M to Kazakhstan. The main products exported from Bangladesh to Kazakhstan were Knit Sweaters ($8.09M), Knit T-shirts ($6.03M), and Non-Knit Men's Suits ($6.01M). During the last 5 years the exports of Bangladesh to Kazakhstan have increased at an annualized rate of 1.37%, from $45.6M in 2017 to $48.8M in 2022.

In 2017, Kazakhstan exported $2.57M to Bangladesh. The main products exported from Kazakhstan to Bangladesh were Asbestos ($2.57M). During the last 5 years the exports of Kazakhstan to Bangladesh have increased at an annualized rate of 15.9%, from $1.23M in 2022 to $2.57M in 2017.

Exports from Bangladesh () to Kazakhstan () (2022)

Exports from Kazakhstan () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Kazakhstan ()

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Kazakhstan
Top DestinationChina$13.4B

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 2022, countries that imported more from Bangladesh than Kazakhstan included United States ($11.7B), Germany ($10.2B), and Poland ($3.53B).

In 2022, countries that imported more from Kazakhstan than Bangladesh included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Bangladesh - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Kazakhstan in the exports of Textiles ($47.1M), Footwear and Headwear ($840k), and Animal Hides ($365k).

During 2017, Kazakhstan had a large net trade with Bangladesh in the exports of Mineral Products ($2.57M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Kazakhstan () (2022)

Exports from Kazakhstan () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Kazakhstan ()

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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