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2022
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Exports $2.49BRnk 37 / 211
2022
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Top Product $456MRefined Petroleum
2022
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Exports $1.69BRnk 11 / 139
2022
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Top Product $294MNon-Knit Men's Suits
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$460BCURRENT US$
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2012-2022
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GDP GROWTH245%CURRENT US$
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2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Japan-Bangladesh In 2022, Japan exported $2.49B to Bangladesh. The main products that Japan exported to Bangladesh are Refined Petroleum ($456M), Cars ($397M), and Hot-Rolled Iron ($391M). During the last 27 years the exports of Japan to Bangladesh have increased at an annualized rate of 6.91%, from $410M in 1995 to $2.49B in 2022.

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

Bangladesh-Japan In 2022, Bangladesh exported $1.69B to Japan. The main products that Bangladesh exported to Japan were Non-Knit Men's Suits ($294M), Knit Sweaters ($252M), and Knit T-shirts ($217M). During the last 27 years the exports of Bangladesh to Japan have increased at an annualized rate of 9.05%, from $163M in 1995 to $1.69B in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

February, 2024

About

Overview In February 2024, Japan exported ¥17.4B and imported ¥20.2B from Bangladesh, resulting in a negative trade balance of ¥2.77B. Between February 2023 and February 2024 the exports of Japan have increased by ¥426M (2.51%) from ¥17B to ¥17.4B, while imports increased by ¥714M (3.67%) from ¥19.4B to ¥20.2B.

Trade In February 2024, the top exports of Japan to Bangladesh were Refined Petroleum (¥11.9B), Hot-Rolled Iron (¥2.26B), Cars (¥1.23B), Scrap Iron (¥997M), and Commodities not elsewhere specified (¥409M). In February 2024 the top imports of Japan from Bangladesh were Non-Knit Men's Suits (¥3.41B), Knit T-shirts (¥3.03B), Non-Knit Women's Suits (¥2.27B), Knit Sweaters (¥1.88B), and Non-Knit Men's Shirts (¥952M).

Origins In February 2024 the exports of Japan were mainly from Aichi (¥3.44B), Hiroshima (¥2.49B), Kanagawa (¥2.34B), Hyōgo (¥1.98B), and Osaka (¥1.7B), while imports destinations were mainly Tokyo (¥7.62B), Osaka (¥3.47B), Hyōgo (¥3.13B), Aichi (¥1.82B), and Kanagawa (¥1.45B).

Growth In February 2024, the increase in Japan's year-by-year exports to Bangladesh was explained primarily by an increase in product exports in Refined Petroleum (¥11.9B or 61.6k%), Textile Fiber Machinery (¥207M or 215%), and Photographic Plates (¥205M or 1.54k%). In February 2024, the increase in Japan's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Non-Knit Men's Suits (¥1.34B or 64.8%), Knit T-shirts (¥1.33B or 78%), and Non-Knit Women's Suits (¥666M or 41.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)¥426M(2.51%)
IMPORT GROWTH (February 2023 - February 2024)¥714M(3.67%)
MAIN EXPORTER (February 2024)Aichi¥3.44B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Bangladesh and Japan 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, Japan exported $2.49B to Bangladesh. The main products exported from Japan to Bangladesh were Refined Petroleum ($456M), Cars ($397M), and Hot-Rolled Iron ($391M). During the last 27 years the exports of Japan to Bangladesh have increased at an annualized rate of 6.91%, from $410M in 1995 to $2.49B in 2022.

In 2022, Bangladesh exported $1.69B to Japan. The main products exported from Bangladesh to Japan were Non-Knit Men's Suits ($294M), Knit Sweaters ($252M), and Knit T-shirts ($217M). During the last 27 years the exports of Bangladesh to Japan have increased at an annualized rate of 9.05%, from $163M in 1995 to $1.69B in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2021, countries that imported more from Japan than Bangladesh were China ($135B), United States ($137B), and South Korea ($50.8B).

In 2021, countries that imported more from Bangladesh than Japan were Spain ($4.41B), Denmark ($1.28B), and Slovakia ($472M).

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

Comparative Advantage Japan - Bangladesh

Flow
Scale

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

During 2022, Japan had a large net trade with Bangladesh in the exports of Metals ($776M), Transportation ($552M), and Mineral Products ($463M).

During 2022, Bangladesh had a large net trade with Japan in the exports of Textiles ($1.41B), Footwear and Headwear ($86.3M), and Animal Hides ($84.1M).

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

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

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