Vietnam (VNM) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Vietnam-Bangladesh Trade: In 2022, Vietnam exported $1.36B to Bangladesh. The main products that Vietnam exported to Bangladesh were N/A. Over the past 5 years the exports of Vietnam to Bangladesh have increased at an annualized rate of 9.3%, from $869M in 2017 to $1.36B in 2022.

In 2022, Vietnam did not export any services to Bangladesh.

Bangladesh-Vietnam Trade: In 2022, Bangladesh exported $110M to Vietnam. The main products that Bangladesh exported to Vietnam were N/A. Over the past 5 years the exports of Bangladesh to Vietnam have increased at an annualized rate of 15.3%, from $54M in 2017 to $110M in 2022.

In 2022, Bangladesh did not export any services to Vietnam.

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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 2022, Vietnam exported $1.36B to Bangladesh. There were not main exports from Vietnam to Bangladesh in 2022. During the last 5 years the exports of Vietnam to Bangladesh have increased at an annualized rate of 9.3%, from $869M in 2017 to $1.36B in 2022.

In 2017, Bangladesh exported $110M to Vietnam. There were not main exports from Bangladesh to Vietnam in 2017. During the last 5 years the exports of Bangladesh to Vietnam have increased at an annualized rate of 15.3%, from $54M in 2022 to $110M in 2017.

Exports from Vietnam () to Bangladesh () (2022)

Exports from Bangladesh () to Vietnam () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Vietnam than Bangladesh included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Bangladesh than Vietnam included Denmark ($935M), Central African Republic ($1.46M), and Gambia ($620k).

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

Comparative Advantage Vietnam - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Bangladesh in the exports of .

During 2017, Bangladesh had a large net trade with Vietnam in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Bangladesh () (2022)

Exports from Bangladesh () to Vietnam () (2022)

Market Competitiveness

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

Comparative Advantage Vietnam - Bangladesh

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Bangladesh () (2022)

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