2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Netherlands-Bangladesh Trade: In 2023, Netherlands exported $362M to Bangladesh. The main products that Netherlands exported to Bangladesh were Scrap Iron ($108M), Amine Compounds ($45.5M), and Vaccines, blood, antisera, toxins and cultures ($12.8M). Over the past 5 years the exports of Netherlands to Bangladesh have increased at an annualized rate of 5.51%, from $277M in 2018 to $362M in 2023.

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

Bangladesh-Netherlands Trade: In 2023, Bangladesh exported $1.56B to Netherlands. The main products that Bangladesh exported to Netherlands were Knit T-shirts ($256M), Non-Knit Men's Suits ($202M), and Knit Sweaters ($192M). Over the past 5 years the exports of Bangladesh to Netherlands have decreased at an annualized rate of 0.79%,  from $1.63B in 2018 to $1.56B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $362M to Bangladesh. The main products exported from Netherlands to Bangladesh were Scrap Iron ($108M), Amine Compounds ($45.5M), and Vaccines, blood, antisera, toxins and cultures ($12.8M). During the last 5 years the exports of Netherlands to Bangladesh have increased at an annualized rate of 5.51%, from $277M in 2018 to $362M in 2023.

In 2018, Bangladesh exported $1.56B to Netherlands. The main products exported from Bangladesh to Netherlands were Knit T-shirts ($256M), Non-Knit Men's Suits ($202M), and Knit Sweaters ($192M). During the last 5 years the exports of Bangladesh to Netherlands have decreased at an annualized rate of 0.79%, from $1.63B in 2023 to $1.56B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Bangladesh
Top Destination
United States$8.58B

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

In 2023, countries that imported more from Netherlands than Bangladesh included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Bangladesh than Netherlands included Burma ($25M).

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

Comparative Advantage Netherlands - Bangladesh

Flow
Scale

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

During 2023, Netherlands had a large net trade with Bangladesh in the exports of Metals ($134M), Chemical Products ($80.7M), and Machines ($62.1M).

During 2018, Bangladesh had a large net trade with Netherlands in the exports of Textiles ($1.39B), Footwear and Headwear ($91.4M), and Animal Products ($36.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Bangladesh+$14.4MVaccines, blood, antisera, toxins and cultures
Top Product Potential Bangladesh Netherlands+$97.6MKnit 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 Netherlands and Bangladesh. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Netherlands.

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

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