Bangladesh (BGD) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Bangladesh-Romania Trade: In 2022, Bangladesh exported $32.3M to Romania. The main products that Bangladesh exported to Romania were Knit T-shirts ($4.06M), Knit Sweaters ($3.54M), and Bi-Wheel Vehicle Parts ($2.29M). Over the past 5 years the exports of Bangladesh to Romania have increased at an annualized rate of 71.6%, from $2.17M in 2017 to $32.3M in 2022.

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

Romania-Bangladesh Trade: In 2022, Romania exported $3.19M to Bangladesh. The main products that Romania exported to Bangladesh were Wheat ($8.62M), Dried Legumes ($4.39M), and Electrical Control Boards ($815k). Over the past 5 years the exports of Romania to Bangladesh have increased at an annualized rate of 4.99%, from $2.5M in 2017 to $3.19M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $32.3M to Romania. The main products exported from Bangladesh to Romania were Knit T-shirts ($4.06M), Knit Sweaters ($3.54M), and Bi-Wheel Vehicle Parts ($2.29M). During the last 5 years the exports of Bangladesh to Romania have increased at an annualized rate of 71.6%, from $2.17M in 2017 to $32.3M in 2022.

In 2017, Romania exported $3.19M to Bangladesh. The main products exported from Romania to Bangladesh were Wheat ($8.62M), Dried Legumes ($4.39M), and Electrical Control Boards ($815k). During the last 22 years the exports of Romania to Bangladesh have increased at an annualized rate of 4.99%, from $2.5M in 1995 to $3.19M in 2017.

Exports from Bangladesh () to Romania () (2022)

Exports from Romania () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Bangladesh than Romania included United States ($11.7B), United Kingdom ($4.86B), and India ($2B).

In 2022, countries that imported more from Romania than Bangladesh included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Bangladesh - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Romania in the exports of Textiles ($29.3M), Transportation ($2.29M), and Foodstuffs ($1.96M).

During 2017, Romania had a large net trade with Bangladesh in the exports of Vegetable Products ($13.1M), Machines ($2.44M), and Chemical Products ($1.35M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Romania+$8.59MKnit T-shirts

Top Product Potential Romania Bangladesh+$10.5MWheat

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Romania () (2022)

Exports from Romania () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Romania ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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