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Pricing

2023
Flag → Flag
Exports $8.58BRnk 1 / 138
2023
Flag → Flag
Top Product $1.9BNon-Knit Men's Suits
2023
Flag → Flag
Exports $2.21BRnk 64 / 220
2023
Flag → Flag
Top Product $577MScrap Iron
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Bangladesh-United States Trade: In 2023, Bangladesh exported $8.58B to United States. The main products that Bangladesh exported to United States were Non-Knit Men's Suits ($1.9B), Non-Knit Women's Suits ($1.09B), and Non-Knit Men's Shirts ($705M). Over the past 5 years the exports of Bangladesh to United States have increased at an annualized rate of 6.45%, from $6.28B in 2018 to $8.58B in 2023.

In 2023, Bangladesh did not export any services to United States.

United States-Bangladesh Trade: In 2023, United States exported $2.21B to Bangladesh. The main products that United States exported to Bangladesh were Scrap Iron ($577M), Raw Cotton ($339M), and Petroleum Gas ($325M). Over the past 5 years the exports of United States to Bangladesh have increased at an annualized rate of 4.74%,  from $1.75B in 2018 to $2.21B in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $8.58B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($1.9B), Non-Knit Women's Suits ($1.09B), and Non-Knit Men's Shirts ($705M). During the last 5 years the exports of Bangladesh to United States have increased at an annualized rate of 6.45%, from $6.28B in 2018 to $8.58B in 2023.

In 2018, United States exported $2.21B to Bangladesh. The main products exported from United States to Bangladesh were Scrap Iron ($577M), Raw Cotton ($339M), and Petroleum Gas ($325M). During the last 5 years the exports of United States to Bangladesh have increased at an annualized rate of 4.74%, from $1.75B in 2023 to $2.21B in 2018.

Exports from Bangladesh (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Bangladesh than United States included Andorra ($10.1M).

In 2023, countries that imported more from United States than Bangladesh included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - United States

Flow
Scale

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

During 2023, Bangladesh had a large net trade with United States in the exports of Textiles ($7.49B), Footwear and Headwear ($764M), and Animal Hides ($97M).

During 2018, United States had a large net trade with Bangladesh in the exports of Metals ($586M), Textiles ($349M), and Vegetable Products ($342M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh United States+$601MKnit Sweaters
Top Product Potential United States Bangladesh+$55MPetroleum Gas

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and United States (Flag) (2023)

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