2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
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GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Bangladesh-United Kingdom In 2022, Bangladesh exported $4.86B to United Kingdom. The main products that Bangladesh exported to United Kingdom are Knit T-shirts ($795M), Knit Sweaters ($650M), and Non-Knit Women's Suits ($523M). During the last 27 years the exports of Bangladesh to United Kingdom have increased at an annualized rate of 9.87%, from $383M in 1995 to $4.86B in 2022.

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

United Kingdom-Bangladesh In 2022, United Kingdom exported $679M to Bangladesh. The main products that United Kingdom exported to Bangladesh were Scrap Iron ($345M), Gas Turbines ($34.2M), and Planes, Helicopters, and/or Spacecraft ($24.7M). During the last 27 years the exports of United Kingdom to Bangladesh have increased at an annualized rate of 5.7%, from $152M in 1995 to $679M in 2022.

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

Comparison In 2022,  Bangladesh ranked 100 in the Economic Complexity Index (ECI -0.9), and 52 in total exports ($64.2B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $4.86B to United Kingdom. The main products exported from Bangladesh to United Kingdom were Knit T-shirts ($795M), Knit Sweaters ($650M), and Non-Knit Women's Suits ($523M). During the last 27 years the exports of Bangladesh to United Kingdom have increased at an annualized rate of 9.87%, from $383M in 1995 to $4.86B in 2022.

In 2022, United Kingdom exported $679M to Bangladesh. The main products exported from United Kingdom to Bangladesh were Scrap Iron ($345M), Gas Turbines ($34.2M), and Planes, Helicopters, and/or Spacecraft ($24.7M). During the last 27 years the exports of United Kingdom to Bangladesh have increased at an annualized rate of 5.7%, from $152M in 1995 to $679M in 2022.

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

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

Latest Data

Trade between Bangladesh (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
United Kingdom
Top Destination
United States$61.8B

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

In 2021, countries that imported more from Bangladesh than United Kingdom were Nepal ($55.1M).

In 2021, countries that imported more from United Kingdom than Bangladesh were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

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

Comparative Advantage Bangladesh - United Kingdom

Flow
Scale

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

During 2022, Bangladesh had a large net trade with United Kingdom in the exports of Textiles ($4.61B), Footwear and Headwear ($60.9M), and Animal Products ($53.4M).

During 2022, United Kingdom had a large net trade with Bangladesh in the exports of Metals ($361M), Machines ($141M), and Textiles ($53.6M).

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 Bangladesh has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Bangladesh.

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

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