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

2023
Flag → Flag
Exports $94MRnk 47 / 138
2023
Flag → Flag
Top Product $13.8MKnit T-shirts
2023
Flag → Flag
Exports $1.14BRnk 36 / 216
2023
Flag → Flag
Top Product $243MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Bangladesh-Thailand Trade: In 2023, Bangladesh exported $94M to Thailand. The main products that Bangladesh exported to Thailand were Knit T-shirts ($13.8M), Non-Knit Men's Suits ($10.6M), and Non-Knit Women's Suits ($9.9M). Over the past 5 years the exports of Bangladesh to Thailand have increased at an annualized rate of 9.66%, from $59.2M in 2018 to $94M in 2023.

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

Thailand-Bangladesh Trade: In 2023, Thailand exported $1.14B to Bangladesh. The main products that Thailand exported to Bangladesh were Refined Petroleum ($243M), Cement ($133M), and Rice ($51M). Over the past 5 years the exports of Thailand to Bangladesh have decreased at an annualized rate of 0.95%,  from $1.2B in 2018 to $1.14B in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $94M to Thailand. The main products exported from Bangladesh to Thailand were Knit T-shirts ($13.8M), Non-Knit Men's Suits ($10.6M), and Non-Knit Women's Suits ($9.9M). During the last 5 years the exports of Bangladesh to Thailand have increased at an annualized rate of 9.66%, from $59.2M in 2018 to $94M in 2023.

In 2018, Thailand exported $1.14B to Bangladesh. The main products exported from Thailand to Bangladesh were Refined Petroleum ($243M), Cement ($133M), and Rice ($51M). During the last 5 years the exports of Thailand to Bangladesh have decreased at an annualized rate of 0.95%, from $1.2B in 2023 to $1.14B in 2018.

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

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

Latest Data

Trade between Bangladesh (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Bangladesh than Thailand included Spain ($3.95B), Poland ($3.04B), and Denmark ($935M).

In 2023, countries that imported more from Thailand than Bangladesh included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Bangladesh - Thailand

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Thailand in the exports of Textiles ($63M), Metals ($8.16M), and Foodstuffs ($6.64M).

During 2018, Thailand had a large net trade with Bangladesh in the exports of Mineral Products ($416M), Textiles ($177M), and Plastics and Rubbers ($131M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Thailand+$18.7MKnit T-shirts
Top Product Potential Thailand Bangladesh+$96.5MRefined 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 Thailand. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Bangladesh.

Product Space of Bangladesh (Flag) and Thailand (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