2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Estonia-Bangladesh Trade: In 2022, Estonia exported $262k to Bangladesh. The main products that Estonia exported to Bangladesh were Seats ($70.5k), Other Furniture ($69.9k), and Malt Extract ($62.3k). Over the past 5 years the exports of Estonia to Bangladesh have decreased at an annualized rate of 40.3%, from $3.45M in 2017 to $262k in 2022.

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

Bangladesh-Estonia Trade: In 2022, Bangladesh exported $50.8M to Estonia. The main products that Bangladesh exported to Estonia were Knit T-shirts ($9.1M), Knit Sweaters ($7.21M), and Non-Knit Women's Suits ($5.07M). Over the past 5 years the exports of Bangladesh to Estonia have increased at an annualized rate of 10.9%,  from $30.3M in 2017 to $50.8M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $262k to Bangladesh. The main products exported from Estonia to Bangladesh were Seats ($70.5k), Other Furniture ($69.9k), and Malt Extract ($62.3k). During the last 5 years the exports of Estonia to Bangladesh have decreased at an annualized rate of 40.3%, from $3.45M in 2017 to $262k in 2022.

In 2017, Bangladesh exported $50.8M to Estonia. The main products exported from Bangladesh to Estonia were Knit T-shirts ($9.1M), Knit Sweaters ($7.21M), and Non-Knit Women's Suits ($5.07M). During the last 5 years the exports of Bangladesh to Estonia have increased at an annualized rate of 10.9%, from $30.3M in 2022 to $50.8M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Bangladesh (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Estonia than Bangladesh included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Bangladesh than Estonia included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Estonia - Bangladesh

Flow
Scale

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

During 2022, Estonia had a large net trade with Bangladesh in the exports of Miscellaneous ($144k), Foodstuffs ($62.3k), and Metals ($35k).

During 2017, Bangladesh had a large net trade with Estonia in the exports of Textiles ($48.5M), Footwear and Headwear ($1.42M), and Animal Products ($427k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Bangladesh. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Estonia.

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

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