2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Brazil-Bangladesh Trade: In 2022, Brazil exported $2.35B to Bangladesh. The main products that Brazil exported to Bangladesh were Soybeans ($641M), Raw Cotton ($490M), and Raw Sugar ($453M). Over the past 5 years the exports of Brazil to Bangladesh have increased at an annualized rate of 8.04%, from $1.6B in 2017 to $2.35B in 2022.

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

Bangladesh-Brazil Trade: In 2022, Bangladesh exported $178M to Brazil. The main products that Bangladesh exported to Brazil were Knit Sweaters ($33.8M), Non-Knit Men's Suits ($22.8M), and Non-Knit Men's Shirts ($20.5M). Over the past 5 years the exports of Bangladesh to Brazil have increased at an annualized rate of 1.68%,  from $164M in 2017 to $178M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $2.35B to Bangladesh. The main products exported from Brazil to Bangladesh were Soybeans ($641M), Raw Cotton ($490M), and Raw Sugar ($453M). During the last 5 years the exports of Brazil to Bangladesh have increased at an annualized rate of 8.04%, from $1.6B in 2017 to $2.35B in 2022.

In 2017, Bangladesh exported $178M to Brazil. The main products exported from Bangladesh to Brazil were Knit Sweaters ($33.8M), Non-Knit Men's Suits ($22.8M), and Non-Knit Men's Shirts ($20.5M). During the last 5 years the exports of Bangladesh to Brazil have increased at an annualized rate of 1.68%, from $164M in 2022 to $178M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Brazil than Bangladesh included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Bangladesh than Brazil included Germany ($10.2B), Poland ($3.53B), and United Kingdom ($4.86B).

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

Comparative Advantage Brazil - Bangladesh

Flow
Scale

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

During 2022, Brazil had a large net trade with Bangladesh in the exports of N/A.

During 2017, Bangladesh had a large net trade with Brazil in the exports of Textiles ($168M), Footwear and Headwear ($4.23M), and Animal Hides ($1.96M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Bangladesh+$47.2MCorn
Top Product Potential Bangladesh Brazil+$28.1MKnit Sweaters

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

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

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