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Pricing

2022
Flag → Flag
Exports $722MRnk 74 / 221
2022
Flag → Flag
Top Product $72.3MTextile Processing Machines
2022
Flag → Flag
Exports $2.17BRnk 7 / 139
2022
Flag → Flag
Top Product $418MKnit Sweaters
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Italy-Bangladesh Trade: In 2022, Italy exported $722M to Bangladesh. The main products that Italy exported to Bangladesh were Textile Processing Machines ($72.3M), Gas Turbines ($56.6M), and Machinery Having Individual Functions ($37.1M). Over the past 5 years the exports of Italy to Bangladesh have decreased at an annualized rate of 1.07%, from $762M in 2017 to $722M in 2022.

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

Bangladesh-Italy Trade: In 2022, Bangladesh exported $2.17B to Italy. The main products that Bangladesh exported to Italy were Knit Sweaters ($418M), Knit T-shirts ($356M), and Non-Knit Men's Suits ($251M). Over the past 5 years the exports of Bangladesh to Italy have increased at an annualized rate of 6.81%,  from $1.56B in 2017 to $2.17B in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Italy exported €3.7M and imported €132M from Bangladesh, resulting in a negative trade balance of €128M. Between August 2023 and August 2024 the exports of Italy have decreased by €-9.79M (-72.6%) from €13.5M to €3.7M, while imports decreased by €-9.84M (-6.94%) from €142M to €132M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-9.79M(-72.6%)
IMPORT GROWTH (August 2023 - August 2024)€-9.84M(-6.94%)

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

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

For full datasets download visit Bulk Download page.

Explore Bangladesh and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $722M to Bangladesh. The main products exported from Italy to Bangladesh were Textile Processing Machines ($72.3M), Gas Turbines ($56.6M), and Machinery Having Individual Functions ($37.1M). During the last 5 years the exports of Italy to Bangladesh have decreased at an annualized rate of 1.07%, from $762M in 2017 to $722M in 2022.

In 2017, Bangladesh exported $2.17B to Italy. The main products exported from Bangladesh to Italy were Knit Sweaters ($418M), Knit T-shirts ($356M), and Non-Knit Men's Suits ($251M). During the last 5 years the exports of Bangladesh to Italy have increased at an annualized rate of 6.81%, from $1.56B in 2022 to $2.17B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Italy than Bangladesh included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2022, countries that imported more from Bangladesh than Italy included Nepal ($55.1M) and Timor-Leste ($777k).

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

Comparative Advantage Italy - Bangladesh

Flow
Scale

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

During 2022, Italy had a large net trade with Bangladesh in the exports of Machines ($502M), Chemical Products ($66.7M), and Transportation ($32.5M).

During 2017, Bangladesh had a large net trade with Italy in the exports of Textiles ($2.07B), Footwear and Headwear ($39.1M), and Animal Hides ($16.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Bangladesh+$11.2MMachinery Having Individual Functions
Top Product Potential Bangladesh Italy+$147MKnit Sweaters

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

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

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