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2023
Flag → Flag
Exports $22.9BRnk 29 / 208
2023
Flag → Flag
Top Product $2.96BRefined Petroleum
2023
Flag → Flag
Exports $1.02BRnk 14 / 138
2023
Flag → Flag
Top Product $87.1MJute Yarn
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
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GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

China-Bangladesh Trade: In 2023, China exported $22.9B to Bangladesh. The main products that China exported to Bangladesh were Refined Petroleum ($2.96B), Light Rubberized Knitted Fabric ($1.1B), and Synthetic Filament Yarn Woven Fabric ($904M). Over the past 5 years the exports of China to Bangladesh have increased at an annualized rate of 5.23%, from $17.7B in 2018 to $22.9B in 2023.

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

Bangladesh-China Trade: In 2023, Bangladesh exported $1.02B to China. The main products that Bangladesh exported to China were Jute Yarn ($87.1M), Non-Knit Men's Coats ($68.7M), and Processed Hair ($67.4M). Over the past 5 years the exports of Bangladesh to China have increased at an annualized rate of 0.78%,  from $981M in 2018 to $1.02B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $2.13B and imported $126M from Bangladesh, resulting in a positive trade balance of $2B. Between December 2023 and December 2024 the exports of China have increased by $317M (17.5%) from $1.81B to $2.13B, while imports increased by $17.5M (16.2%) from $108M to $126M.

Trade In December 2024, the top exports of China to Bangladesh were Synthetic Filament Yarn Woven Fabric ($116M), Other knitted or crocheted fabrics. ($82.2M), Heavy Mixed Woven Cotton ($62.3M), Flax Woven Fabric ($61.5M), and Heavy Pure Woven Cotton ($59.4M). In December 2024 the top imports of China from Bangladesh were Non-Knit Men's Suits ($9.3M), Knit T-shirts ($8.97M), Processed Hair ($7.81M), Jute Yarn ($6.78M), and Non-Knit Men's Coats ($6.78M).

Origins In December 2024 the exports of China were mainly from Jiangsu Province ($453M), Zhejiang Province ($453M), Guangdong Province ($348M), Shandong Province ($163M), and Shanghai Province ($130M), while imports destinations were mainly Shanghai Province ($33.1M), Guangdong Province ($20.1M), Zhejiang Province ($17M), Jiangsu Province ($13.6M), and Henan Province ($13.1M).

Growth In December 2024, the increase in China's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Flax Woven Fabric ($34.6M or 128%), Synthetic Filament Yarn Woven Fabric ($21.1M or 22.2%), and Onions ($18.2M or 605%). In December 2024, the increase in China's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Trunks and Cases ($5.8M or 685%), Tanned Equine and Bovine Hides ($4.57M or 246%), and Knit T-shirts ($4.41M or 96.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$317M(17.5%)
IMPORT GROWTH (December 2023 - December 2024)$17.5M(16.2%)
MAIN EXPORTER (December 2024)Jiangsu Province$453M

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

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

For full datasets download visit Bulk Download page.

Explore Bangladesh and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $22.9B to Bangladesh. The main products exported from China to Bangladesh were Refined Petroleum ($2.96B), Light Rubberized Knitted Fabric ($1.1B), and Synthetic Filament Yarn Woven Fabric ($904M). During the last 5 years the exports of China to Bangladesh have increased at an annualized rate of 5.23%, from $17.7B in 2018 to $22.9B in 2023.

In 2018, Bangladesh exported $1.02B to China. The main products exported from Bangladesh to China were Jute Yarn ($87.1M), Non-Knit Men's Coats ($68.7M), and Processed Hair ($67.4M). During the last 5 years the exports of Bangladesh to China have increased at an annualized rate of 0.78%, from $981M in 2023 to $1.02B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from China than Bangladesh included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Bangladesh than from China.

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

Comparative Advantage China - Bangladesh

Flow
Scale

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

During 2023, China had a large net trade with Bangladesh in the exports of Textiles ($7.61B), Machines ($4.71B), and Mineral Products ($3.12B).

During 2018, Bangladesh had a large net trade with China in the exports of Textiles ($583M), Animal Hides ($110M), and Footwear and Headwear ($103M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Bangladesh+$434MTelephones
Top Product Potential Bangladesh China+$86.6MKnit 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 China and Bangladesh. This means that a dot/product with the flag of China indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over China.

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

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