Uzbekistan (UZB) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

About

Uzbekistan-Bangladesh Trade: In 2023, Uzbekistan exported $6.47M to Bangladesh. The main products that Uzbekistan exported to Bangladesh were Non-Retail Pure Cotton Yarn ($6.47M). Over the past 5 years the exports of Uzbekistan to Bangladesh have decreased at an annualized rate of 29.8%, from $37.8M in 2018 to $6.47M in 2023.

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

Bangladesh-Uzbekistan Trade: In 2023, Bangladesh exported $35.6M to Uzbekistan. The main products that Bangladesh exported to Uzbekistan were Jute Yarn ($27.9M), Packaged Medicaments ($4.08M), and Raw Tobacco ($1.22M). Over the past 5 years the exports of Bangladesh to Uzbekistan have increased at an annualized rate of 19.7%, from $14.5M in 2018 to $35.6M in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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, Uzbekistan exported $6.47M to Bangladesh. The main products exported from Uzbekistan to Bangladesh were Non-Retail Pure Cotton Yarn ($6.47M). During the last 5 years the exports of Uzbekistan to Bangladesh have decreased at an annualized rate of 29.8%, from $37.8M in 2018 to $6.47M in 2023.

In 2018, Bangladesh exported $35.6M to Uzbekistan. The main products exported from Bangladesh to Uzbekistan were Jute Yarn ($27.9M), Packaged Medicaments ($4.08M), and Raw Tobacco ($1.22M). During the last 5 years the exports of Bangladesh to Uzbekistan have increased at an annualized rate of 19.7%, from $14.5M in 2023 to $35.6M in 2018.

Exports from Uzbekistan () to Bangladesh () (2023)

Exports from Bangladesh () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Bangladesh ()

Uzbekistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Uzbekistan than Bangladesh included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

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

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

Comparative Advantage Uzbekistan - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Bangladesh in the exports of Textiles ($6.47M).

During 2018, Bangladesh had a large net trade with Uzbekistan in the exports of Textiles ($30.2M), Chemical Products ($4.08M), and Foodstuffs ($1.22M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Bangladesh+$6.74kGold

Top Product Potential Bangladesh Uzbekistan+$4.25kNon-Knit Women's Suits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Bangladesh () (2023)

Exports from Bangladesh () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Bangladesh ()

Uzbekistan Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Bangladesh

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring