NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $36.4MRnk 62 / 138
2023
Flag → Flag
Top Product $5.29MKnit T-shirts
2023
Flag → Flag
Exports $1.23MRnk 127 / 191
2023
Flag → Flag
Top Product $552kRubberworking Machinery
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 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$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Bangladesh-Luxembourg Trade: In 2023, Bangladesh exported $36.4M to Luxembourg. The main products that Bangladesh exported to Luxembourg were Knit T-shirts ($5.29M), Non-Knit Men's Suits ($4.76M), and Knit Sweaters ($4.65M). Over the past 5 years the exports of Bangladesh to Luxembourg have increased at an annualized rate of 7.86%, from $24.9M in 2018 to $36.4M in 2023.

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

Luxembourg-Bangladesh Trade: In 2023, Luxembourg exported $1.23M to Bangladesh. The main products that Luxembourg exported to Bangladesh were Rubberworking Machinery ($552k), Valves ($91.7k), and Low-voltage Protection Equipment ($77.7k). Over the past 5 years the exports of Luxembourg to Bangladesh have decreased at an annualized rate of 16%,  from $2.93M in 2018 to $1.23M in 2023.

In 2023, Luxembourg 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, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $36.4M to Luxembourg. The main products exported from Bangladesh to Luxembourg were Knit T-shirts ($5.29M), Non-Knit Men's Suits ($4.76M), and Knit Sweaters ($4.65M). During the last 5 years the exports of Bangladesh to Luxembourg have increased at an annualized rate of 7.86%, from $24.9M in 2018 to $36.4M in 2023.

In 2018, Luxembourg exported $1.23M to Bangladesh. The main products exported from Luxembourg to Bangladesh were Rubberworking Machinery ($552k), Valves ($91.7k), and Low-voltage Protection Equipment ($77.7k). During the last 5 years the exports of Luxembourg to Bangladesh have decreased at an annualized rate of 16%, from $2.93M in 2023 to $1.23M in 2018.

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

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

Latest Data

Trade between Bangladesh (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Luxembourg
Top DestinationGermany$3.42B

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 2023, countries that imported more from Bangladesh than Luxembourg included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Luxembourg than Bangladesh included Belgium ($1.59B), Hong Kong ($960M), and France ($2.8B).

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

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 2023, Bangladesh had a large net trade with Luxembourg in the exports of Textiles ($30.5M), Foodstuffs ($3.56M), and Animal Products ($938k).

During 2018, Luxembourg had a large net trade with Bangladesh in the exports of Machines ($1.07M), Plastics and Rubbers ($94.8k), and Instruments ($28.2k).

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) (2023)

Keep Exploring

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