2023
Flag  
GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Bangladesh-Chinese Taipei Trade: In 2023, Bangladesh exported $110M to Chinese Taipei. The main products that Bangladesh exported to Chinese Taipei were Knit T-shirts ($16.8M), Non-Knit Men's Suits ($15.5M), and Non-Knit Women's Suits ($7.34M). Over the past 5 years the exports of Bangladesh to Chinese Taipei have increased at an annualized rate of 4.42%, from $88.7M in 2018 to $110M in 2023.

In 2023, Bangladesh did not export any services to Chinese Taipei.

Chinese Taipei-Bangladesh Trade: In 2023, Chinese Taipei exported $950M to Bangladesh. The main products that Chinese Taipei exported to Bangladesh were Vinyl Chloride Polymers ($123M), Hot-Rolled Iron ($118M), and Synthetic Filament Yarn Woven Fabric ($91.8M). Over the past 5 years the exports of Chinese Taipei to Bangladesh have decreased at an annualized rate of 3.53%,  from $1.14B in 2018 to $950M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $110M to Chinese Taipei. The main products exported from Bangladesh to Chinese Taipei were Knit T-shirts ($16.8M), Non-Knit Men's Suits ($15.5M), and Non-Knit Women's Suits ($7.34M). During the last 5 years the exports of Bangladesh to Chinese Taipei have increased at an annualized rate of 4.42%, from $88.7M in 2018 to $110M in 2023.

In 2018, Chinese Taipei exported $950M to Bangladesh. The main products exported from Chinese Taipei to Bangladesh were Vinyl Chloride Polymers ($123M), Hot-Rolled Iron ($118M), and Synthetic Filament Yarn Woven Fabric ($91.8M). During the last 5 years the exports of Chinese Taipei to Bangladesh have decreased at an annualized rate of 3.53%, from $1.14B in 2023 to $950M in 2018.

Exports from Bangladesh (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Bangladesh (Flag) (2023)

Market Competitiveness

Color
Bangladesh
Top Destination
United States$8.58B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Chinese Taipei than Bangladesh included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Bangladesh (Flag) (2023)

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 2023, Bangladesh had a large net trade with Chinese Taipei in the exports of Textiles ($78.4M), Animal Hides ($9.27M), and Footwear and Headwear ($6.01M).

During 2018, Chinese Taipei had a large net trade with Bangladesh in the exports of Plastics and Rubbers ($292M), Textiles ($215M), and Metals ($147M).

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) (2023)

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