2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Bangladesh-Chinese Taipei Trade: In 2022, Bangladesh exported $120M to Chinese Taipei. The main products that Bangladesh exported to Chinese Taipei were Knit T-shirts ($15.4M), Non-Knit Men's Suits ($13.8M), and Ammonia ($9.14M). Over the past 5 years the exports of Bangladesh to Chinese Taipei have increased at an annualized rate of 7.37%, from $83.8M in 2017 to $120M in 2022.

In 2022, Bangladesh did not export any services to Chinese Taipei.

Chinese Taipei-Bangladesh Trade: In 2022, Chinese Taipei exported $1.78B to Bangladesh. The main products that Chinese Taipei exported to Bangladesh were Refined Petroleum ($596M), Vinyl Chloride Polymers ($171M), and Synthetic Filament Yarn Woven Fabric ($134M). Over the past 5 years the exports of Chinese Taipei to Bangladesh have increased at an annualized rate of 12.3%,  from $994M in 2017 to $1.78B in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $120M to Chinese Taipei. The main products exported from Bangladesh to Chinese Taipei were Knit T-shirts ($15.4M), Non-Knit Men's Suits ($13.8M), and Ammonia ($9.14M). During the last 5 years the exports of Bangladesh to Chinese Taipei have increased at an annualized rate of 7.37%, from $83.8M in 2017 to $120M in 2022.

In 2017, Chinese Taipei exported $1.78B to Bangladesh. The main products exported from Chinese Taipei to Bangladesh were Refined Petroleum ($596M), Vinyl Chloride Polymers ($171M), and Synthetic Filament Yarn Woven Fabric ($134M). During the last 5 years the exports of Chinese Taipei to Bangladesh have increased at an annualized rate of 12.3%, from $994M in 2022 to $1.78B in 2017.

Exports from Bangladesh (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Bangladesh (Flag) (2022)

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Bangladesh than Chinese Taipei included Spain ($4.41B), Poland ($3.53B), and Denmark ($1.28B).

In 2022, countries that imported more from Chinese Taipei than Bangladesh included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Chinese Taipei

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Chinese Taipei in the exports of Textiles ($72.6M), Chemical Products ($9.2M), and Animal Hides ($7.37M).

During 2017, Chinese Taipei had a large net trade with Bangladesh in the exports of Mineral Products ($597M), Plastics and Rubbers ($354M), and Textiles ($300M).

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Chinese Taipei (Flag) (2022)

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