2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Australia-Bangladesh Trade: In 2022, Australia exported $1.4B to Bangladesh. The main products that Australia exported to Bangladesh were Dried Legumes ($404M), Raw Cotton ($228M), and Scrap Iron ($188M). Over the past 5 years the exports of Australia to Bangladesh have increased at an annualized rate of 8.92%, from $911M in 2017 to $1.4B in 2022.

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

Bangladesh-Australia Trade: In 2022, Bangladesh exported $1.07B to Australia. The main products that Bangladesh exported to Australia were Knit T-shirts ($243M), Non-Knit Men's Suits ($130M), and Non-Knit Women's Suits ($127M). Over the past 5 years the exports of Bangladesh to Australia have increased at an annualized rate of 8.24%,  from $663M in 2017 to $1.07B in 2022.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $1.4B to Bangladesh. The main products exported from Australia to Bangladesh were Dried Legumes ($404M), Raw Cotton ($228M), and Scrap Iron ($188M). During the last 5 years the exports of Australia to Bangladesh have increased at an annualized rate of 8.92%, from $911M in 2017 to $1.4B in 2022.

In 2017, Bangladesh exported $1.07B to Australia. The main products exported from Bangladesh to Australia were Knit T-shirts ($243M), Non-Knit Men's Suits ($130M), and Non-Knit Women's Suits ($127M). During the last 5 years the exports of Bangladesh to Australia have increased at an annualized rate of 8.24%, from $663M in 2022 to $1.07B in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Bangladesh (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Australia than Bangladesh included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Bangladesh than Australia included Germany ($10.2B), Spain ($4.41B), and United Kingdom ($4.86B).

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

Comparative Advantage Australia - Bangladesh

Flow
Scale

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

During 2022, Australia had a large net trade with Bangladesh in the exports of Vegetable Products ($741M), Metals ($289M), and Textiles ($228M).

During 2017, Bangladesh had a large net trade with Australia in the exports of Textiles ($1.01B), Footwear and Headwear ($20.6M), and Animal Hides ($12.6M).

Economic Complexity

Competitive Landscape

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

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

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