2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Israel-Bangladesh Trade: In 2022, Israel exported $149k to Bangladesh. The main products that Israel exported to Bangladesh were Other Plastic Products ($104k), Dyeing Finishing Agents ($30k), and Therapeutic Appliances ($9k). Over the past 7 years the exports of Israel to Bangladesh have decreased at an annualized rate of 25.8%, from $1.2M in 2015 to $149k in 2022.

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

Bangladesh-Israel Trade: In 2022, Bangladesh exported $66M to Israel. The main products that Bangladesh exported to Israel were Knit T-shirts ($38.3M), Non-Knit Men's Suits ($6.48M), and Knit Babies' Garments ($3.96M). Over the past 7 years the exports of Bangladesh to Israel have increased at an annualized rate of 11%,  from $39.2M in 2015 to $66M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $149k to Bangladesh. The main products exported from Israel to Bangladesh were Other Plastic Products ($104k), Dyeing Finishing Agents ($30k), and Therapeutic Appliances ($9k). During the last 7 years the exports of Israel to Bangladesh have decreased at an annualized rate of 25.8%, from $1.2M in 2015 to $149k in 2022.

In 2017, Bangladesh exported $66M to Israel. The main products exported from Bangladesh to Israel were Knit T-shirts ($38.3M), Non-Knit Men's Suits ($6.48M), and Knit Babies' Garments ($3.96M). During the last 5 years the exports of Bangladesh to Israel have increased at an annualized rate of 11%, from $39.2M in 2022 to $66M in 2017.

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

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

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Israel than Bangladesh included United States ($20.3B), Palestine ($4.6B), and China ($5.53B).

In 2022, countries that imported more from Bangladesh than Israel included Germany ($10.2B), Spain ($4.41B), and Poland ($3.53B).

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

Comparative Advantage Israel - Bangladesh

Flow
Scale

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

During 2022, Israel had a large net trade with Bangladesh in the exports of Plastics and Rubbers ($104k), Chemical Products ($31k), and Instruments ($9k).

During 2017, Bangladesh had a large net trade with Israel in the exports of Textiles ($65.5M), Wood Products ($521k), and Machines ($2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Bangladesh+$374kOther Plastic Products
Top Product Potential Bangladesh Israel+$22MKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Israel and Bangladesh. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Israel.

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

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