2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Bangladesh-Hong Kong Trade: In 2022, Bangladesh exported $146M to Hong Kong. The main products that Bangladesh exported to Hong Kong were Knit T-shirts ($22M), Non-Knit Men's Suits ($18.4M), and Knit Sweaters ($13.2M). Over the past 5 years the exports of Bangladesh to Hong Kong have decreased at an annualized rate of 2.12%, from $163M in 2017 to $146M in 2022.

In 2022, Bangladesh did not export any services to Hong Kong.

Hong Kong-Bangladesh Trade: In 2022, Hong Kong exported $1.15B to Bangladesh. The main products that Hong Kong exported to Bangladesh were Telephones ($245M), Integrated Circuits ($110M), and Light Rubberized Knitted Fabric ($71.1M). Over the past 5 years the exports of Hong Kong to Bangladesh have decreased at an annualized rate of 5.25%,  from $1.51B in 2017 to $1.15B in 2022.

In 2022, Hong Kong did not export any services to Bangladesh.

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $146M to Hong Kong. The main products exported from Bangladesh to Hong Kong were Knit T-shirts ($22M), Non-Knit Men's Suits ($18.4M), and Knit Sweaters ($13.2M). During the last 5 years the exports of Bangladesh to Hong Kong have decreased at an annualized rate of 2.12%, from $163M in 2017 to $146M in 2022.

In 2017, Hong Kong exported $1.15B to Bangladesh. The main products exported from Hong Kong to Bangladesh were Telephones ($245M), Integrated Circuits ($110M), and Light Rubberized Knitted Fabric ($71.1M). During the last 5 years the exports of Hong Kong to Bangladesh have decreased at an annualized rate of 5.25%, from $1.51B in 2022 to $1.15B in 2017.

Exports from Bangladesh (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Bangladesh than Hong Kong included Germany ($10.2B), United States ($11.7B), and Spain ($4.41B).

In 2022, countries that imported more from Hong Kong than Bangladesh included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Hong Kong

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Hong Kong in the exports of Textiles ($93.4M), Animal Hides ($10.9M), and Animal Products ($10.3M).

During 2017, Hong Kong had a large net trade with Bangladesh in the exports of Machines ($587M), Textiles ($260M), and Miscellaneous ($84.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Hong Kong+$26MKnit T-shirts
Top Product Potential Hong Kong Bangladesh+$15.7MTelephones

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 Bangladesh and Hong Kong. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Bangladesh.

Product Space of Bangladesh (Flag) and Hong Kong (Flag) (2022)

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