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2023
Flag → Flag
Exports $856MRnk 79 / 220
2023
Flag → Flag
Top Product $88.6MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $8.28BRnk 2 / 138
2023
Flag → Flag
Top Product $1.44BKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
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Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
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GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
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GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Germany-Bangladesh Trade: In 2023, Germany exported $856M to Bangladesh. The main products that Germany exported to Bangladesh were Vaccines, blood, antisera, toxins and cultures ($88.6M), Washing and Bottling Machines ($50.1M), and Electrical Control Boards ($41.7M). Over the past 5 years the exports of Germany to Bangladesh have decreased at an annualized rate of 0.41%, from $873M in 2018 to $856M in 2023.

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

Bangladesh-Germany Trade: In 2023, Bangladesh exported $8.28B to Germany. The main products that Bangladesh exported to Germany were Knit T-shirts ($1.44B), Knit Sweaters ($1.26B), and Non-Knit Men's Suits ($1.17B). Over the past 5 years the exports of Bangladesh to Germany have increased at an annualized rate of 3.69%,  from $6.91B in 2018 to $8.28B in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). 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, Germany exported €48.9M and imported €713M from Bangladesh, resulting in a negative trade balance of €664M. Between November 2023 and November 2024 the exports of Germany have decreased by €-12.7M (-20.6%) from €61.6M to €48.9M, while imports increased by €161M (29.1%) from €552M to €713M.

Trade In November 2024, the top exports of Germany to Bangladesh were Aircraft (€13.9M), Other chemical final products (€5.74M), Machinery for textile, apparel, leather production (€4.46M), Other machinery (€4.12M), and Machinery for electricity production, distribution (€3.43M). In November 2024 the top imports of Germany from Bangladesh were Apparel of knitted or crocheted fabrics... (€329M), Apparel of cotton, excl. of knitted... (€187M), Apparel of silk, man-made fibres, excl.... (€95.4M), Apparel of knitted, crocheted silk, man-made... (€86.3M), and Footwear (€19.7M).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€8.17M), Bavaria (€6.32M), North Rhine-Westphalia (€4.07M), Lower Saxony (€3.98M), and Berlin (€3.82M), while imports destinations were mainly North Rhine-Westphalia (€189M), Hamburg (€150M), Bavaria (€106M), Lower Saxony (€57.1M), and Baden-Württemberg (€50.6M).

Growth In November 2024, the decrease in Germany's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Lifting and handling equipment (€-2.81M or -77.3%), Machinery for textile, apparel, leather production (€-2.13M or -32.3%), and Machinery for food, beverage, tobacco production (€-1.55M or -63.8%). In November 2024, the increase in Germany's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Apparel of cotton, excl. of knitted... (€56.3M or 43.1%), Apparel of silk, man-made fibres, excl.... (€27.3M or 40.1%), and Apparel of knitted, crocheted silk, man-made... (€10.2M or 13.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-12.7M(-20.6%)
IMPORT GROWTH (November 2023 - November 2024)€161M(29.1%)
MAIN EXPORTER (November 2024)Baden-Württemberg€8.17M

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

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

For full datasets download visit Bulk Download page.

Explore Bangladesh and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $856M to Bangladesh. The main products exported from Germany to Bangladesh were Vaccines, blood, antisera, toxins and cultures ($88.6M), Washing and Bottling Machines ($50.1M), and Electrical Control Boards ($41.7M). During the last 5 years the exports of Germany to Bangladesh have decreased at an annualized rate of 0.41%, from $873M in 2018 to $856M in 2023.

In 2018, Bangladesh exported $8.28B to Germany. The main products exported from Bangladesh to Germany were Knit T-shirts ($1.44B), Knit Sweaters ($1.26B), and Non-Knit Men's Suits ($1.17B). During the last 5 years the exports of Bangladesh to Germany have increased at an annualized rate of 3.69%, from $6.91B in 2023 to $8.28B in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Germany than Bangladesh included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

Comparative Advantage Germany - Bangladesh

Flow
Scale

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

During 2023, Germany had a large net trade with Bangladesh in the exports of Machines ($408M), Chemical Products ($188M), and Instruments ($96M).

During 2018, Bangladesh had a large net trade with Germany in the exports of Textiles ($7.86B), Footwear and Headwear ($234M), and Transportation ($48.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Bangladesh+$24.1MVaccines, blood, antisera, toxins and cultures
Top Product Potential Bangladesh Germany+$257MNon-Knit Women's Suits

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

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

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