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2022
Flag → Flag
Exports $17.2MRnk 82 / 185
2022
Flag → Flag
Top Product $10.3MScrap Iron
2022
Flag → Flag
Exports $255MRnk 30 / 139
2022
Flag → Flag
Top Product $60.6MKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Chile-Bangladesh Trade: In 2022, Chile exported $17.2M to Bangladesh. The main products that Chile exported to Bangladesh were Scrap Iron ($10.3M), Malt Extract ($3.39M), and Fish oil ($3.19M). Over the past 5 years the exports of Chile to Bangladesh have decreased at an annualized rate of 9.59%, from $28.5M in 2017 to $17.2M in 2022.

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

Bangladesh-Chile Trade: In 2022, Bangladesh exported $255M to Chile. The main products that Bangladesh exported to Chile were Knit T-shirts ($60.6M), Non-Knit Men's Suits ($57.3M), and Knit Sweaters ($33.6M). Over the past 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 24.8%,  from $84.2M in 2017 to $255M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $5.66M and imported $490k from Bangladesh, resulting in a positive trade balance of $5.17M. Between July 2023 and July 2024 the exports of Chile have increased by $2.19M (63.3%) from $3.47M to $5.66M, while imports increased by $155k (46.2%) from $335k to $490k.

Trade In July 2024, the top exports of Chile to Bangladesh were Scrap Iron ($2M), Fish oil ($667k), Pesticides ($129k), and Malt Extract ($104k). In July 2024 the top imports of Chile from Bangladesh were Non-Knit Men's Suits ($555k), Knit T-shirts ($268k), Knit Sweaters ($243k), Non-Knit Women's Suits ($132k), and Non-Knit Men's Shirts ($75.8k).

Origins In July 2024 the exports of Chile were mainly from San Bernardo ($2.02M), Lampa ($1.23M), Providencia ($1.12M), Las Condes ($862k), and Quilpué ($172k), while imports destinations were mainly Quilicura ($381k) and Las Condes ($109k).

Growth In July 2024, the increase in Chile's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Scrap Iron ($1.42M or 242%). In July 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 (July 2023 - July 2024)$2.19M(63.3%)
IMPORT GROWTH (July 2023 - July 2024)$155k(46.2%)
MAIN EXPORTER (July 2024)San Bernardo$2.02M

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $17.2M to Bangladesh. The main products exported from Chile to Bangladesh were Scrap Iron ($10.3M), Malt Extract ($3.39M), and Fish oil ($3.19M). During the last 5 years the exports of Chile to Bangladesh have decreased at an annualized rate of 9.59%, from $28.5M in 2017 to $17.2M in 2022.

In 2017, Bangladesh exported $255M to Chile. The main products exported from Bangladesh to Chile were Knit T-shirts ($60.6M), Non-Knit Men's Suits ($57.3M), and Knit Sweaters ($33.6M). During the last 5 years the exports of Bangladesh to Chile have increased at an annualized rate of 24.8%, from $84.2M in 2022 to $255M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Bangladesh
Top DestinationUnited States$11.7B

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 2022, countries that imported more from Chile than Bangladesh included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

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

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 2022, Chile had a large net trade with Bangladesh in the exports of Metals ($10.3M), Foodstuffs ($3.39M), and Animal and Vegetable Bi-Products ($3.19M).

During 2017, Bangladesh had a large net trade with Chile in the exports of Textiles ($243M), Footwear and Headwear ($9.95M), and Animal Hides ($816k).

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.

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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) (2022)

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