Bangladesh (BGD) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Bangladesh-Netherlands Trade: In 2022, Bangladesh exported $2.01B to Netherlands. The main products that Bangladesh exported to Netherlands were Knit T-shirts ($297M), Non-Knit Men's Suits ($247M), and Knit Sweaters ($227M). Over the past 5 years the exports of Bangladesh to Netherlands have increased at an annualized rate of 7.34%, from $1.41B in 2017 to $2.01B in 2022.

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

Netherlands-Bangladesh Trade: In 2022, Netherlands exported $494M to Bangladesh. The main products that Netherlands exported to Bangladesh were Scrap Iron ($116M), Amino-resins ($59.7M), and Amine Compounds ($43.7M). Over the past 5 years the exports of Netherlands to Bangladesh have increased at an annualized rate of 6.39%, from $363M in 2017 to $494M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $2.01B to Netherlands. The main products exported from Bangladesh to Netherlands were Knit T-shirts ($297M), Non-Knit Men's Suits ($247M), and Knit Sweaters ($227M). During the last 5 years the exports of Bangladesh to Netherlands have increased at an annualized rate of 7.34%, from $1.41B in 2017 to $2.01B in 2022.

In 2017, Netherlands exported $494M to Bangladesh. The main products exported from Netherlands to Bangladesh were Scrap Iron ($116M), Amino-resins ($59.7M), and Amine Compounds ($43.7M). During the last 5 years the exports of Netherlands to Bangladesh have increased at an annualized rate of 6.39%, from $363M in 2022 to $494M in 2017.

Exports from Bangladesh () to Netherlands () (2022)

Exports from Netherlands () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Netherlands ()

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Bangladesh than Netherlands included Nepal ($55.1M).

In 2022, countries that imported more from Netherlands than Bangladesh included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Bangladesh - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Netherlands in the exports of Textiles ($1.77B), Footwear and Headwear ($112M), and Animal Products ($64M).

During 2017, Netherlands had a large net trade with Bangladesh in the exports of Metals ($175M), Chemical Products ($104M), and Machines ($85.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Netherlands+$97.6MKnit Sweaters

Top Product Potential Netherlands Bangladesh+$14.4MVaccines, blood, antisera, toxins and cultures

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Netherlands () (2022)

Exports from Netherlands () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Netherlands ()

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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