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2021
Flag → Flag
Exports $29.7MRnk 123 / 0
2021
Flag → Flag
Exports $66.2MRnk 56 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Bangladesh-Iran Trade: In 2021, Bangladesh exported $29.7M to Iran. The main products that Bangladesh exported to Iran were N/A. Over the past 5 years the exports of Bangladesh to Iran have decreased at an annualized rate of 4.98%, from $38.4M in 2016 to $29.7M in 2021.

In 2021, Bangladesh did not export any services to Iran.

Iran-Bangladesh Trade: In 2021, Iran exported $66.2M to Bangladesh. The main products that Iran exported to Bangladesh were N/A. Over the past 5 years the exports of Iran to Bangladesh have decreased at an annualized rate of 4.35%,  from $82.7M in 2016 to $66.2M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bangladesh exported $29.7M to Iran. There were not main exports from Bangladesh to Iran in 2021. During the last 5 years the exports of Bangladesh to Iran have decreased at an annualized rate of 4.98%, from $38.4M in 2016 to $29.7M in 2021.

In 2016, Iran exported $66.2M to Bangladesh. There were not main exports from Iran to Bangladesh in 2016. During the last 5 years the exports of Iran to Bangladesh have decreased at an annualized rate of 4.35%, from $82.7M in 2021 to $66.2M in 2016.

Exports from Bangladesh (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Bangladesh (Flag) (2021)

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Bangladesh than Iran included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Iran than Bangladesh included China ($5.72B), Turkey ($3.17B), and Pakistan ($762M).

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

Comparative Advantage Bangladesh - Iran

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Bangladesh in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Iran+$3.83kNon-Knit Women's Suits
Top Product Potential Iran Bangladesh+$5.58kRefined Petroleum

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

Product Space of Bangladesh (Flag) and Iran (Flag) (2021)

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