2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 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
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Bangladesh-Saudi Arabia Trade: In 2021, Bangladesh exported $488M to Saudi Arabia. The main products that Bangladesh exported to Saudi Arabia were N/A. Over the past 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 6.67%, from $353M in 2016 to $488M in 2021.

In 2021, Bangladesh did not export any services to Saudi Arabia.

Saudi Arabia-Bangladesh Trade: In 2021, Saudi Arabia exported $1.13B to Bangladesh. The main products that Saudi Arabia exported to Bangladesh were N/A. Over the past 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 21.6%,  from $424M in 2016 to $1.13B in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bangladesh exported $488M to Saudi Arabia. There were not main exports from Bangladesh to Saudi Arabia in 2021. During the last 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 6.67%, from $353M in 2016 to $488M in 2021.

In 2016, Saudi Arabia exported $1.13B to Bangladesh. There were not main exports from Saudi Arabia to Bangladesh in 2016. During the last 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 21.6%, from $424M in 2021 to $1.13B in 2016.

Exports from Bangladesh (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Bangladesh (Flag) (2021)

Latest Data

Trade between Bangladesh (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Bangladesh than Saudi Arabia included Germany ($10.2B), United Kingdom ($4.86B), and Denmark ($1.28B).

In 2022, countries that imported more from Saudi Arabia than Bangladesh included China ($68B), India ($46.2B), and South Korea ($36B).

Difference in imports from Saudi Arabia (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Saudi Arabia

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Saudi Arabia in the exports of .

During 2016, Saudi Arabia had a large net trade with Bangladesh in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Saudi Arabia+$7.42kKnit T-shirts
Top Product Potential Saudi Arabia Bangladesh+$12.7kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Saudi Arabia (Flag) (2021)

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