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Pricing

2022
Flag → Flag
Exports $679MRnk 55 / 224
2022
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Top Product $345MScrap Iron
2022
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Exports $4.86BRnk 3 / 139
2022
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Top Product $795MKnit T-shirts
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI -0.9Rnk 100 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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 $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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 Kingdom-Bangladesh In 2022, United Kingdom exported $679M to Bangladesh. The main products that United Kingdom exported to Bangladesh are 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.

Bangladesh-United Kingdom In 2022, Bangladesh exported $4.86B to United Kingdom. The main products that Bangladesh exported 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, Bangladesh did not export any services to United Kingdom.

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

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £19.1M and imported £222M from Bangladesh, resulting in a negative trade balance of £202M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £9.28M (95%) from £9.77M to £19.1M, while imports decreased by £-62.5M (-22%) from £284M to £222M.

Trade In January 2024, the top exports of United Kingdom to Bangladesh were Electric Generating Sets (£2.33M), Scrap Iron (£711k), Concentrated Milk (£603k), Steam Boilers (£566k), and Plastic Housewares (£248k). In January 2024 the top imports of United Kingdom from Bangladesh were Knit T-shirts (£50.6M), Non-Knit Men's Suits (£34.2M), Non-Knit Women's Suits (£32.5M), Knit Women's Suits (£30.8M), and Knit Sweaters (£30.3M).

Origins In January 2024 the exports of United Kingdom were mainly from Liverpool (£6.68M), London Gateway (£5.8M), Felixstowe (£3.4M), London Heathrow Airport (£1.38M), and Southampton (£668k), while imports destinations were mainly Felixstowe (£80.9M), London Gateway (£62.9M), Southampton (£18.8M), and London Heathrow Airport (£7.36M).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Electric Generating Sets (£1.35M or 137%), Concentrated Milk (£598k or 10.8k%), and Steam Boilers (£184k or 48.1%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Bangladesh was explained primarily by an decrease in product imports  in Knit Sweaters (£-2.23M or -6.85%), Knit Babies' Garments (£-2M or -22.9%), and Bicycles, delivery tricycles, other cycles (£-1.61M or -43.2%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£9.28M(95%)
IMPORT GROWTH (January 2023 - January 2024)£-62.5M(-22%)
MAIN EXPORTER (January 2024)Liverpool£6.68M

This section shows exports and imports data at subnational level for United Kingdom. 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 Kingdom over time.

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United Kingdom - Bangladesh

Flow
Scale

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

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

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).

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

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

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