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2022
Flag → Flag
Exports $2.49BRnk 37 / 211
2022
Flag → Flag
Top Product $456MRefined Petroleum
2022
Flag → Flag
Exports $1.69BRnk 11 / 139
2022
Flag → Flag
Top Product $294MNon-Knit Men's Suits
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Japan-Bangladesh Trade: In 2022, Japan exported $2.49B to Bangladesh. The main products that Japan exported to Bangladesh were Refined Petroleum ($456M), Cars ($397M), and Hot-Rolled Iron ($391M). Over the past 5 years the exports of Japan to Bangladesh have increased at an annualized rate of 8.09%, from $1.69B in 2017 to $2.49B in 2022.

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

Bangladesh-Japan Trade: In 2022, Bangladesh exported $1.69B to Japan. The main products that Bangladesh exported to Japan were Non-Knit Men's Suits ($294M), Knit Sweaters ($252M), and Knit T-shirts ($217M). Over the past 5 years the exports of Bangladesh to Japan have increased at an annualized rate of 7.97%,  from $1.15B in 2017 to $1.69B in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥15.3B and imported ¥22B from Bangladesh, resulting in a negative trade balance of ¥6.74B. Between September 2023 and September 2024 the exports of Japan have decreased by ¥-1.19B (-7.23%) from ¥16.5B to ¥15.3B, while imports increased by ¥741M (3.48%) from ¥21.3B to ¥22B.

Trade In September 2024, the top exports of Japan to Bangladesh were Refined Petroleum (¥11.9B), Hot-Rolled Iron (¥2.26B), Cars (¥1.23B), Scrap Iron (¥997M), and Commodities not elsewhere specified (¥409M). In September 2024 the top imports of Japan from Bangladesh were Non-Knit Men's Suits (¥3.41B), Knit T-shirts (¥3.03B), Non-Knit Women's Suits (¥2.27B), Knit Sweaters (¥1.88B), and Non-Knit Men's Shirts (¥952M).

Origins In September 2024 the exports of Japan were mainly from Kanagawa (¥3.25B), Hyōgo (¥3.06B), Ōita (¥1.9B), Osaka (¥1.65B), and Aichi (¥1.46B), while imports destinations were mainly Tokyo (¥7.48B), Hyōgo (¥4.81B), Osaka (¥2.58B), Chiba (¥2.41B), and Aichi (¥2.23B).

Growth In September 2024, the decrease in Japan's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in Cars (¥-5.99B or -83%), Hot-Rolled Iron (¥-3.39B or -59.9%), and Flat Flat-Rolled Steel (¥-2.55B or -99.9%). In September 2024, the increase in Japan's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Non-Knit Men's Suits (¥1.34B or 64.8%), Knit T-shirts (¥1.33B or 78%), and Non-Knit Women's Suits (¥666M or 41.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)¥-1.19B(-7.23%)
IMPORT GROWTH (September 2023 - September 2024)¥741M(3.48%)
MAIN EXPORTER (September 2024)Kanagawa¥3.25B

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

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

For full datasets download visit Bulk Download page.

Explore Bangladesh and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $2.49B to Bangladesh. The main products exported from Japan to Bangladesh were Refined Petroleum ($456M), Cars ($397M), and Hot-Rolled Iron ($391M). During the last 5 years the exports of Japan to Bangladesh have increased at an annualized rate of 8.09%, from $1.69B in 2017 to $2.49B in 2022.

In 2017, Bangladesh exported $1.69B to Japan. The main products exported from Bangladesh to Japan were Non-Knit Men's Suits ($294M), Knit Sweaters ($252M), and Knit T-shirts ($217M). During the last 5 years the exports of Bangladesh to Japan have increased at an annualized rate of 7.97%, from $1.15B in 2022 to $1.69B in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Japan than Bangladesh included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Bangladesh than Japan included Spain ($4.41B), Denmark ($1.28B), and Slovakia ($472M).

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

Comparative Advantage Japan - Bangladesh

Flow
Scale

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

During 2022, Japan had a large net trade with Bangladesh in the exports of Metals ($776M), Transportation ($552M), and Mineral Products ($463M).

During 2017, Bangladesh had a large net trade with Japan in the exports of Textiles ($1.41B), Footwear and Headwear ($86.3M), and Animal Hides ($84.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Bangladesh+$114MRefined Petroleum
Top Product Potential Bangladesh Japan+$199MKnit 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 Japan and Bangladesh. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Japan.

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

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