2023
Flag  
GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$1,970CURRENT US$
Rnk 159 / 195
2013-2023
Flag
GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Kyrgyzstan-Bangladesh Trade: In 2023, Kyrgyzstan exported $11.8k to Bangladesh. The main products that Kyrgyzstan exported to Bangladesh were Refined Petroleum ($11.1k) and Other Prepared Meat ($647). Over the past 6 years the exports of Kyrgyzstan to Bangladesh have increased at an annualized rate of 16.2%, from $4.78k in 2017 to $11.8k in 2023.

In 2009, Kyrgyzstan exported services to Bangladesh worth $0, with being the largest in terms of value.

Bangladesh-Kyrgyzstan Trade: In 2023, Bangladesh exported $2.35M to Kyrgyzstan. The main products that Bangladesh exported to Kyrgyzstan were Knit T-shirts ($395k), Knit Sweaters ($388k), and Knit Men's Suits ($292k). Over the past 6 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 8.85%,  from $3.74M in 2017 to $2.35M in 2023.

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

Comparison: In 2023,  Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B). 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
Value

In 2023, Kyrgyzstan exported $11.8k to Bangladesh. The main products exported from Kyrgyzstan to Bangladesh were Refined Petroleum ($11.1k) and Other Prepared Meat ($647). During the last 6 years the exports of Kyrgyzstan to Bangladesh have increased at an annualized rate of 16.2%, from $4.78k in 2017 to $11.8k in 2023.

In 2018, Bangladesh exported $2.35M to Kyrgyzstan. The main products exported from Bangladesh to Kyrgyzstan were Knit T-shirts ($395k), Knit Sweaters ($388k), and Knit Men's Suits ($292k). During the last 5 years the exports of Bangladesh to Kyrgyzstan have decreased at an annualized rate of 8.85%, from $3.74M in 2023 to $2.35M in 2018.

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

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

Latest Data

Trade between Kyrgyzstan (Flag) and Bangladesh (Flag)

Kyrgyzstan Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Switzerland$1.18B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from Kyrgyzstan than Bangladesh included Russia ($746M), Kazakhstan ($559M), and Uzbekistan ($284M).

In 2023, countries that imported more from Bangladesh than Kyrgyzstan included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Kyrgyzstan - Bangladesh

Flow
Scale

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

During 2023, Kyrgyzstan had a large net trade with Bangladesh in the exports of Mineral Products ($11.1k) and Foodstuffs ($647).

During 2018, Bangladesh had a large net trade with Kyrgyzstan in the exports of Textiles ($2.3M), Footwear and Headwear ($25.8k), and Animal Hides ($9.49k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kyrgyzstan Bangladesh+$1.11MRefined Petroleum
Top Product Potential Bangladesh Kyrgyzstan+$2.04MKnit 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 Kyrgyzstan and Bangladesh. This means that a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Kyrgyzstan.

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

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