NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $40.4MRnk 66 / 183
2023
Flag → Flag
Top Product $31.2MScrap Iron
2023
Flag → Flag
Exports $192MRnk 31 / 138
2023
Flag → Flag
Top Product $44.9MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Chile-Bangladesh Trade: In 2023, Chile exported $40.4M to Bangladesh. The main products that Chile exported to Bangladesh were Scrap Iron ($31.2M), Fish Oil ($5.13M), and Malt Extract ($3.33M). Over the past 5 years the exports of Chile to Bangladesh have increased at an annualized rate of 6.48%, from $29.5M in 2018 to $40.4M in 2023.

In 2023, Chile did not export any services to Bangladesh.

Bangladesh-Chile Trade: In 2023, Bangladesh exported $192M to Chile. The main products that Bangladesh exported to Chile were Knit T-shirts ($44.9M), Non-Knit Men's Suits ($31.7M), and Knit Sweaters ($26.6M). Over the past 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 9.45%,  from $122M in 2018 to $192M in 2023.

In 2023, Bangladesh did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $2.21M and imported $3.3M from Bangladesh, resulting in a negative trade balance of $1.09M. Between November 2023 and November 2024 the exports of Chile have decreased by $-104k (-4.5%) from $2.31M to $2.21M, while imports increased by $1.98M (149%) from $1.32M to $3.3M.

Origins In November 2024 the exports of Chile were mainly from Lampa ($1.1M), Las Condes ($1.05M), and Tiltil ($63.8k), while imports destinations were mainly Las Condes ($2.83M), Vitacura ($243k), Renca ($187k), and Santiago ($46.4k).

Growth In November 2024, the decrease in Chile's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Malt Extract ($-643k or -86.1%). In November 2024, the increase in Chile's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-104k(-4.5%)
IMPORT GROWTH (November 2023 - November 2024)$1.98M(149%)
MAIN EXPORTER (November 2024)Lampa$1.1M

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Bangladesh and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bangladesh and Chile Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $40.4M to Bangladesh. The main products exported from Chile to Bangladesh were Scrap Iron ($31.2M), Fish Oil ($5.13M), and Malt Extract ($3.33M). During the last 5 years the exports of Chile to Bangladesh have increased at an annualized rate of 6.48%, from $29.5M in 2018 to $40.4M in 2023.

In 2018, Bangladesh exported $192M to Chile. The main products exported from Bangladesh to Chile were Knit T-shirts ($44.9M), Non-Knit Men's Suits ($31.7M), and Knit Sweaters ($26.6M). During the last 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 9.45%, from $122M in 2023 to $192M in 2018.

Exports from Chile (Flag) to Bangladesh (Flag) (2023)

Exports from Bangladesh (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Chile than Bangladesh included China ($38.2B), United States ($15.7B), and South Korea ($6.02B).

In 2023, countries that imported more from Bangladesh than Chile included Germany ($8.28B), United Kingdom ($4.25B), and Poland ($3.04B).

Difference in imports from Bangladesh (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Bangladesh

Flow
Scale

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

During 2023, Chile had a large net trade with Bangladesh in the exports of Metals ($31.2M), Animal and Vegetable Bi-Products ($5.13M), and Foodstuffs ($3.33M).

During 2018, Bangladesh had a large net trade with Chile in the exports of Textiles ($181M), Footwear and Headwear ($5.87M), and Foodstuffs ($1.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Bangladesh+$1.76MScrap Iron
Top Product Potential Bangladesh Chile+$24.5MKnit T-shirts

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

Product Space of Chile (Flag) and Bangladesh (Flag) (2023)

Keep Exploring

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