Kenya (KEN) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Kenya-Bangladesh Trade: In 2023, Kenya exported $4.36M to Bangladesh. The main products that Kenya exported to Bangladesh were Cranes ($974k), Special purpose motor vehicles ($862k), and Large Construction Vehicles ($510k). Over the past 5 years the exports of Kenya to Bangladesh have increased at an annualized rate of 2.97%, from $3.77M in 2018 to $4.36M in 2023.

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

Bangladesh-Kenya Trade: In 2023, Bangladesh exported $20.1M to Kenya. The main products that Bangladesh exported to Kenya were Packaged Medicaments ($8.94M), Packing Bags ($2.45M), and Raw Tobacco ($1.89M). Over the past 5 years the exports of Bangladesh to Kenya have increased at an annualized rate of 5.47%, from $14.6M in 2018 to $20.1M in 2023.

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

Comparison: In 2023, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kenya exported $4.36M to Bangladesh. The main products exported from Kenya to Bangladesh were Cranes ($974k), Special purpose motor vehicles ($862k), and Large Construction Vehicles ($510k). During the last 5 years the exports of Kenya to Bangladesh have increased at an annualized rate of 2.97%, from $3.77M in 2018 to $4.36M in 2023.

In 2018, Bangladesh exported $20.1M to Kenya. The main products exported from Bangladesh to Kenya were Packaged Medicaments ($8.94M), Packing Bags ($2.45M), and Raw Tobacco ($1.89M). During the last 5 years the exports of Bangladesh to Kenya have increased at an annualized rate of 5.47%, from $14.6M in 2023 to $20.1M in 2018.

Exports from Kenya () to Bangladesh () (2023)

Exports from Bangladesh () to Kenya () (2023)

Latest Data

Trade between Kenya () and Bangladesh ()

Kenya Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kenya
Top DestinationUganda$893M

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Kenya than Bangladesh included Uganda ($893M), Pakistan ($520M), and Tanzania ($451M).

In 2023, countries that imported more from Bangladesh than Kenya included Germany ($8.28B), United States ($8.58B), and Spain ($3.95B).

Difference in imports from Bangladesh () and Kenya () (2023)

Comparative Advantage Kenya - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kenya had a large net trade with Bangladesh in the exports of Machines ($1.92M), Transportation ($1.46M), and Animal Hides ($391k).

During 2018, Bangladesh had a large net trade with Kenya in the exports of Chemical Products ($9.28M), Textiles ($4.81M), and Foodstuffs ($1.99M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kenya Bangladesh+$660kBran

Top Product Potential Bangladesh Kenya+$1.6MKnit 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kenya () to Bangladesh () (2023)

Exports from Bangladesh () to Kenya () (2023)

Latest Data

Trade between Kenya () and Bangladesh ()

Kenya Exports

Market Competitiveness

Difference in imports from Bangladesh () and Kenya () (2023)

Comparative Advantage Kenya - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kenya () and Bangladesh () (2023)

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