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2022
Flag → Flag
Exports $641MRnk 20 / 139
2022
Flag → Flag
Top Product $198MJute Yarn
2022
Flag → Flag
Exports $492MRnk 78 / 219
2022
Flag → Flag
Top Product $52.6MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI -0.9Rnk 100 / 124
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
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GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Bangladesh-Turkey In 2022, Bangladesh exported $641M to Turkey. The main products that Bangladesh exported to Turkey are Jute Yarn ($198M), Knit Sweaters ($67.4M), and Non-Knit Women's Suits ($50.5M). During the last 27 years the exports of Bangladesh to Turkey have increased at an annualized rate of 13.4%, from $21.6M in 1995 to $641M in 2022.

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

Turkey-Bangladesh In 2022, Turkey exported $492M to Bangladesh. The main products that Turkey exported to Bangladesh were Raw Cotton ($52.6M), Textile Processing Machines ($47.2M), and Non-Retail Pure Cotton Yarn ($23.1M). During the last 27 years the exports of Turkey to Bangladesh have increased at an annualized rate of 18.3%, from $5.24M in 1995 to $492M in 2022.

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

Comparison In 2022,  Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $641M to Turkey. The main products exported from Bangladesh to Turkey were Jute Yarn ($198M), Knit Sweaters ($67.4M), and Non-Knit Women's Suits ($50.5M). During the last 27 years the exports of Bangladesh to Turkey have increased at an annualized rate of 13.4%, from $21.6M in 1995 to $641M in 2022.

In 2022, Turkey exported $492M to Bangladesh. The main products exported from Turkey to Bangladesh were Raw Cotton ($52.6M), Textile Processing Machines ($47.2M), and Non-Retail Pure Cotton Yarn ($23.1M). During the last 27 years the exports of Turkey to Bangladesh have increased at an annualized rate of 18.3%, from $5.24M in 1995 to $492M in 2022.

Exports from Bangladesh (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Turkey
Top DestinationGermany$21.9B

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

In 2021, countries that imported more from Bangladesh than Turkey were Japan ($1.69B), Australia ($1.07B), and Canada ($2.02B).

In 2021, countries that imported more from Turkey than Bangladesh were Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

Difference in imports from Turkey (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Turkey

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Turkey in the exports of Textiles ($594M), Footwear and Headwear ($16.7M), and Foodstuffs ($11.7M).

During 2022, Turkey had a large net trade with Bangladesh in the exports of Machines ($173M), Textiles ($115M), and Chemical Products ($62.8M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bangladesh has comparative advantage over Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Bangladesh.

Product Space of Bangladesh (Flag) and Turkey (Flag) (2022)

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