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2022
Flag → Flag
Exports $3.89BRnk 17 / 216
2022
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Top Product $1.48BPalm Oil
2022
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Exports $107MRnk 44 / 139
2022
Flag → Flag
Top Product $16.4MKnit T-shirts
2022
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Economic Complexity (ECI) ECI -0.078Rnk 67 / 124
2022
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Economic Complexity (ECI) ECI -0.9Rnk 100 / 124
2022
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GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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 $4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 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

Indonesia-Bangladesh In 2022, Indonesia exported $3.89B to Bangladesh. The main products that Indonesia exported to Bangladesh are Palm Oil ($1.48B), Coal Briquettes ($1.1B), and Refined Petroleum ($217M). During the last 27 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 13.7%, from $123M in 1995 to $3.89B in 2022.

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

Bangladesh-Indonesia In 2022, Bangladesh exported $107M to Indonesia. The main products that Bangladesh exported to Indonesia were Knit T-shirts ($16.4M), Jute Yarn ($12.3M), and Non-Knit Women's Suits ($10.5M). During the last 27 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 9.37%, from $9.54M in 1995 to $107M in 2022.

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

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $3.89B to Bangladesh. The main products exported from Indonesia to Bangladesh were Palm Oil ($1.48B), Coal Briquettes ($1.1B), and Refined Petroleum ($217M). During the last 27 years the exports of Indonesia to Bangladesh have increased at an annualized rate of 13.7%, from $123M in 1995 to $3.89B in 2022.

In 2022, Bangladesh exported $107M to Indonesia. The main products exported from Bangladesh to Indonesia were Knit T-shirts ($16.4M), Jute Yarn ($12.3M), and Non-Knit Women's Suits ($10.5M). During the last 27 years the exports of Bangladesh to Indonesia have increased at an annualized rate of 9.37%, from $9.54M in 1995 to $107M in 2022.

Exports from Indonesia (Flag) to Bangladesh (Flag) (2022)

Exports from Bangladesh (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Bangladesh (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2021, countries that imported more from Indonesia than Bangladesh were China ($67.7B), Japan ($26.6B), and India ($25.3B).

In 2021, countries that imported more from Bangladesh than Indonesia were Germany ($10.2B), United Kingdom ($4.86B), and Poland ($3.53B).

Difference in imports from Bangladesh (Flag) and Indonesia (Flag) (2022)

Comparative Advantage Indonesia - Bangladesh

Flow
Scale

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

During 2022, Indonesia had a large net trade with Bangladesh in the exports of Animal and Vegetable Bi-Products ($1.51B), Mineral Products ($1.51B), and Textiles ($355M).

During 2022, Bangladesh had a large net trade with Indonesia in the exports of Textiles ($92.4M), Chemical Products ($3.2M), and Foodstuffs ($2.98M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Indonesia has comparative advantage over Bangladesh. Similarly, the more yellow a dot/product is, the more Bangladesh has comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Bangladesh (Flag) (2022)

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