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2023
Flag → Flag
Exports $115MRnk 40 / 138
2023
Flag → Flag
Exports $18.2MRnk 105 / 211
2023
Flag → Flag
Top Product $2.75MCentrifuges
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132

About

Bangladesh-Portugal Trade: In 2023, Bangladesh exported $115M to Portugal. The main products that Bangladesh exported to Portugal were N/A. Over the past 5 years the exports of Bangladesh to Portugal have increased at an annualized rate of 3.25%, from $98M in 2018 to $115M in 2023.

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

Portugal-Bangladesh Trade: In 2023, Portugal exported $18.2M to Bangladesh. The main products that Portugal exported to Bangladesh were Centrifuges ($2.75M), Stranded Iron Wire ($2.74M), and Industrial Printers ($1.94M). Over the past 5 years the exports of Portugal to Bangladesh have decreased at an annualized rate of 0.2%,  from $18.4M in 2018 to $18.2M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $115M to Portugal. There were not main exports from Bangladesh to Portugal in 2023. During the last 5 years the exports of Bangladesh to Portugal have increased at an annualized rate of 3.25%, from $98M in 2018 to $115M in 2023.

In 2018, Portugal exported $18.2M to Bangladesh. The main products exported from Portugal to Bangladesh were Centrifuges ($2.75M), Stranded Iron Wire ($2.74M), and Industrial Printers ($1.94M). During the last 5 years the exports of Portugal to Bangladesh have decreased at an annualized rate of 0.2%, from $18.4M in 2023 to $18.2M in 2018.

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

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

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Bangladesh than Portugal included United States ($8.58B), Poland ($3.04B), and India ($1.89B).

In 2023, countries that imported more from Portugal than Bangladesh included Spain ($17.7B), France ($9.19B), and Italy ($3.83B).

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

Comparative Advantage Bangladesh - Portugal

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Portugal in the exports of Textiles ($103M), Animal Products ($6.38M), and Animal Hides ($2.45M).

During 2018, Portugal had a large net trade with Bangladesh in the exports of Machines ($7.04M), Metals ($4.55M), and Chemical Products ($2.65M).

Economic Complexity

Competitive Landscape

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

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

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