2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 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
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Bangladesh-Luxembourg Trade: In 2022, Bangladesh exported $32.4M to Luxembourg. The main products that Bangladesh exported to Luxembourg were Knit T-shirts ($4.67M), Knit Sweaters ($4.66M), and Non-Knit Men's Suits ($3.87M). Over the past 5 years the exports of Bangladesh to Luxembourg have increased at an annualized rate of 4.82%, from $25.6M in 2017 to $32.4M in 2022.

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

Luxembourg-Bangladesh In N/A, Luxembourg did not export any products to Bangladesh.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $32.4M to Luxembourg. The main products exported from Bangladesh to Luxembourg were Knit T-shirts ($4.67M), Knit Sweaters ($4.66M), and Non-Knit Men's Suits ($3.87M). During the last 5 years the exports of Bangladesh to Luxembourg have increased at an annualized rate of 4.82%, from $25.6M in 2017 to $32.4M in 2022.

Luxembourg does not register exports to Bangladesh. The main products exported from Luxembourg to Bangladesh were Metal Molds ($2.39M), Rubberworking Machinery ($2.31M), and Valves ($218k).

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

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

Latest Data

Trade between Bangladesh (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Luxembourg
Top Destination
Germany$4.15B

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

In 2022, countries that imported more from Bangladesh than Luxembourg included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Luxembourg than Bangladesh included Belgium ($2.09B), Hong Kong ($628M), and Austria ($632M).

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

Comparative Advantage Bangladesh - Luxembourg

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Luxembourg in the exports of Textiles ($27.8M), Foodstuffs ($1.99M), and Animal Products ($1.04M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with