2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
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 GDP
$460BCURRENT US$
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2012-2022
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GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
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GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC
$2,688CURRENT US$
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2012-2022
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GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Thailand-Bangladesh In 2022, Thailand exported $1.11B to Bangladesh. The main products that Thailand exported to Bangladesh are Cement ($126M), Refined Petroleum ($78.4M), and Propylene Polymers ($47.1M). During the last 27 years the exports of Thailand to Bangladesh have increased at an annualized rate of 6.27%, from $215M in 1995 to $1.11B in 2022.

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

Bangladesh-Thailand In 2022, Bangladesh exported $84M to Thailand. The main products that Bangladesh exported to Thailand were Processed Crustaceans ($16.3M), Knit T-shirts ($11.8M), and Non-Knit Men's Suits ($8.57M). During the last 27 years the exports of Bangladesh to Thailand have increased at an annualized rate of 4.53%, from $25.4M in 1995 to $84M in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $1.11B to Bangladesh. The main products exported from Thailand to Bangladesh were Cement ($126M), Refined Petroleum ($78.4M), and Propylene Polymers ($47.1M). During the last 27 years the exports of Thailand to Bangladesh have increased at an annualized rate of 6.27%, from $215M in 1995 to $1.11B in 2022.

In 2022, Bangladesh exported $84M to Thailand. The main products exported from Bangladesh to Thailand were Processed Crustaceans ($16.3M), Knit T-shirts ($11.8M), and Non-Knit Men's Suits ($8.57M). During the last 27 years the exports of Bangladesh to Thailand have increased at an annualized rate of 4.53%, from $25.4M in 1995 to $84M in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and Bangladesh (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Bangladesh
Top Destination
United States$11.7B

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

In 2021, countries that imported more from Thailand than Bangladesh were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Bangladesh than Thailand were Germany ($10.2B), Spain ($4.41B), and Poland ($3.53B).

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

Comparative Advantage Thailand - Bangladesh

Flow
Scale

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

During 2022, Thailand had a large net trade with Bangladesh in the exports of Mineral Products ($250M), Textiles ($225M), and Plastics and Rubbers ($180M).

During 2022, Bangladesh had a large net trade with Thailand in the exports of Textiles ($51.8M), Foodstuffs ($16.7M), and Metals ($6.02M).

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

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

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