Poland (POL) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Poland-Bangladesh Trade: In 2023, Poland exported $78.6M to Bangladesh. The main products that Poland exported to Bangladesh were Scrap Iron ($21.1M), Lifting Machinery ($15.7M), and Audio Alarms ($7.41M). Over the past 5 years the exports of Poland to Bangladesh have increased at an annualized rate of 1.43%, from $73.2M in 2018 to $78.6M in 2023.

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

Bangladesh-Poland Trade: In 2023, Bangladesh exported $3.04B to Poland. The main products that Bangladesh exported to Poland were Knit T-shirts ($543M), Non-Knit Women's Suits ($446M), and Knit Sweaters ($403M). Over the past 5 years the exports of Bangladesh to Poland have increased at an annualized rate of 10.5%, from $1.84B in 2018 to $3.04B in 2023.

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

Comparison: In 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). 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, Poland exported $78.6M to Bangladesh. The main products exported from Poland to Bangladesh were Scrap Iron ($21.1M), Lifting Machinery ($15.7M), and Audio Alarms ($7.41M). During the last 5 years the exports of Poland to Bangladesh have increased at an annualized rate of 1.43%, from $73.2M in 2018 to $78.6M in 2023.

In 2018, Bangladesh exported $3.04B to Poland. The main products exported from Bangladesh to Poland were Knit T-shirts ($543M), Non-Knit Women's Suits ($446M), and Knit Sweaters ($403M). During the last 5 years the exports of Bangladesh to Poland have increased at an annualized rate of 10.5%, from $1.84B in 2023 to $3.04B in 2018.

Exports from Poland () to Bangladesh () (2023)

Exports from Bangladesh () to Poland () (2023)

Latest Data

Trade between Poland () and Bangladesh ()

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Poland than Bangladesh included Germany ($84B), Czechia ($19.3B), and France ($19.1B).

In 2023, countries that imported more from Bangladesh than Poland included Japan ($1.55B), India ($1.89B), and Sri Lanka ($67.4M).

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

Comparative Advantage Poland - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Bangladesh in the exports of Machines ($32.2M), Metals ($22.6M), and Paper Goods ($7.36M).

During 2018, Bangladesh had a large net trade with Poland in the exports of Textiles ($2.87B), Footwear and Headwear ($120M), and Foodstuffs ($15.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Bangladesh+$6.48MScrap Iron

Top Product Potential Bangladesh Poland+$106MKnit 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Bangladesh () (2023)

Exports from Bangladesh () to Poland () (2023)

Latest Data

Trade between Poland () and Bangladesh ()

Poland Exports

Market Competitiveness

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

Comparative Advantage Poland - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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