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2022
Flag → Flag
Exports $2.76BRnk 64 / 219
2022
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Top Product $687MScrap Iron
2022
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Exports $11.7BRnk 1 / 139
2022
Flag → Flag
Top Product $2.63BNon-Knit Men's Suits
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 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

United States-Bangladesh Trade: In 2022, United States exported $2.76B to Bangladesh. The main products that United States exported to Bangladesh were Scrap Iron ($687M), Vaccines, blood, antisera, toxins and cultures ($630M), and Raw Cotton ($478M). Over the past 5 years the exports of United States to Bangladesh have increased at an annualized rate of 14.2%, from $1.42B in 2017 to $2.76B in 2022.

In 2022, United States did not export any services to Bangladesh.

Bangladesh-United States Trade: In 2022, Bangladesh exported $11.7B to United States. The main products that Bangladesh exported to United States were Non-Knit Men's Suits ($2.63B), Non-Knit Women's Suits ($1.6B), and Knit Sweaters ($882M). Over the past 5 years the exports of Bangladesh to United States have increased at an annualized rate of 15%,  from $5.84B in 2017 to $11.7B in 2022.

In 2022, Bangladesh did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Company data: In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1.29k), H&M Clothing (696), and Kontoor Brands (332) were at the forefront of exporting goods from Bangladesh to the United States. Conversely, Apm Global Logistics Bangladesh Ltd (611), Other (382), and Regency Three Limited (357) were notable for importing products to Bangladesh from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $191M and imported $695M from Bangladesh, resulting in a negative trade balance of $504M. Between August 2023 and August 2024 the exports of United States have increased by $48M (33.5%) from $143M to $191M, while imports decreased by $-5.27M (-0.75%) from $700M to $695M.

Trade In August 2024, the top exports of United States to Bangladesh were Petroleum Gas ($141M), Soybeans ($89.1M), Raw Cotton ($17.9M), Scrap Iron ($13.8M), and Commodities not elsewhere specified ($8.72M). In August 2024 the top imports of United States from Bangladesh were Non-Knit Men's Suits ($245M), Non-Knit Women's Suits ($148M), Non-Knit Men's Shirts ($82.5M), Knit T-shirts ($54.4M), and Knitted Hats ($54M).

Origins In August 2024 the exports of United States were mainly from Washington ($77.1M), California ($26.6M), Texas ($23.5M), Oregon ($21M), and Mississippi ($8.52M), while imports destinations were mainly California ($121M), New York ($81M), Georgia ($55.6M), New Jersey ($51.4M), and Minnesota ($43.7M).

Growth In August 2024, the increase in United States's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Soybeans ($30.2M or 51.3%), Commodities not elsewhere specified ($5.53M or 173%), and Laboratory Reagents ($4.51M or 1.55k%). In August 2024, the decrease in United States's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Knit Women's Undergarments ($-21.7M or -50.5%), Knit Men's Suits ($-11.9M or -30.9%), and Knit Sweaters ($-9.77M or -18%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$48M(33.5%)
IMPORT GROWTH (August 2023 - August 2024)$-5.27M(-0.75%)
MAIN EXPORTER (August 2024)Washington$77.1M

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

To check Bangladesh and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bangladesh and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $2.76B to Bangladesh. The main products exported from United States to Bangladesh were Scrap Iron ($687M), Vaccines, blood, antisera, toxins and cultures ($630M), and Raw Cotton ($478M). During the last 5 years the exports of United States to Bangladesh have increased at an annualized rate of 14.2%, from $1.42B in 2017 to $2.76B in 2022.

In 2017, Bangladesh exported $11.7B to United States. The main products exported from Bangladesh to United States were Non-Knit Men's Suits ($2.63B), Non-Knit Women's Suits ($1.6B), and Knit Sweaters ($882M). During the last 5 years the exports of Bangladesh to United States have increased at an annualized rate of 15%, from $5.84B in 2022 to $11.7B in 2017.

Exports from United States (Flag) to Bangladesh (Flag) (2022)

Exports from Bangladesh (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from United States than Bangladesh included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Bangladesh than United States included Andorra ($7.47M).

Difference in imports from Bangladesh (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Bangladesh

Flow
Scale

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

During 2022, United States had a large net trade with Bangladesh in the exports of Metals ($697M), Chemical Products ($687M), and Textiles ($503M).

During 2017, Bangladesh had a large net trade with United States in the exports of Textiles ($10.2B), Footwear and Headwear ($1.1B), and Animal Hides ($121M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Bangladesh+$55MPetroleum Gas
Top Product Potential Bangladesh United States+$601MKnit 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 United States and Bangladesh. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Bangladesh (Flag) (2022)

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