2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Bangladesh-Ukraine Trade: In 2022, Bangladesh exported $81.5M to Ukraine. The main products that Bangladesh exported to Ukraine were Knit T-shirts ($14.1M), Knit Sweaters ($12.1M), and Leather Footwear ($7.65M). Over the past 5 years the exports of Bangladesh to Ukraine have increased at an annualized rate of 3.14%, from $69.8M in 2017 to $81.5M in 2022.

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

Ukraine-Bangladesh Trade: In 2022, Ukraine exported $98.3M to Bangladesh. The main products that Ukraine exported to Bangladesh were Wheat ($65.4M), Rapeseed ($20M), and Concentrated Milk ($6.43M). Over the past 5 years the exports of Ukraine to Bangladesh have decreased at an annualized rate of 23.4%,  from $372M in 2017 to $98.3M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $81.5M to Ukraine. The main products exported from Bangladesh to Ukraine were Knit T-shirts ($14.1M), Knit Sweaters ($12.1M), and Leather Footwear ($7.65M). During the last 5 years the exports of Bangladesh to Ukraine have increased at an annualized rate of 3.14%, from $69.8M in 2017 to $81.5M in 2022.

In 2017, Ukraine exported $98.3M to Bangladesh. The main products exported from Ukraine to Bangladesh were Wheat ($65.4M), Rapeseed ($20M), and Concentrated Milk ($6.43M). During the last 5 years the exports of Ukraine to Bangladesh have decreased at an annualized rate of 23.4%, from $372M in 2022 to $98.3M in 2017.

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

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

Latest Data

Trade between Bangladesh (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Bangladesh than Ukraine included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Ukraine than Bangladesh included Romania ($3.94B), Poland ($6.7B), and Turkey ($3.02B).

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

Comparative Advantage Bangladesh - Ukraine

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Ukraine in the exports of Textiles ($66.8M), Footwear and Headwear ($12.4M), and Foodstuffs ($1.26M).

During 2017, Ukraine had a large net trade with Bangladesh in the exports of Vegetable Products ($85.8M), Animal Products ($7.01M), and Animal and Vegetable Bi-Products ($3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Ukraine+$5.37kNon-Knit Men's Suits
Top Product Potential Ukraine Bangladesh+$6.48kCorn

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 Ukraine. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Bangladesh.

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

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