2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Czechia-Bangladesh Trade: In 2022, Czechia exported $52.3M to Bangladesh. The main products that Czechia exported to Bangladesh were Concentrated Milk ($17.1M), Textile Fiber Machinery ($10.6M), and Whey and other milk products ($3.29M). Over the past 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 8.61%, from $34.6M in 2017 to $52.3M in 2022.

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

Bangladesh-Czechia Trade: In 2022, Bangladesh exported $1.05B to Czechia. The main products that Bangladesh exported to Czechia were Knit T-shirts ($233M), Non-Knit Men's Suits ($154M), and Knit Sweaters ($124M). Over the past 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 16.7%,  from $488M in 2017 to $1.05B in 2022.

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

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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, Czechia exported $52.3M to Bangladesh. The main products exported from Czechia to Bangladesh were Concentrated Milk ($17.1M), Textile Fiber Machinery ($10.6M), and Whey and other milk products ($3.29M). During the last 5 years the exports of Czechia to Bangladesh have increased at an annualized rate of 8.61%, from $34.6M in 2017 to $52.3M in 2022.

In 2017, Bangladesh exported $1.05B to Czechia. The main products exported from Bangladesh to Czechia were Knit T-shirts ($233M), Non-Knit Men's Suits ($154M), and Knit Sweaters ($124M). During the last 5 years the exports of Bangladesh to Czechia have increased at an annualized rate of 16.7%, from $488M in 2022 to $1.05B in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Bangladesh (Flag)

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Czechia than Bangladesh included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Bangladesh than Czechia included United States ($11.7B), Canada ($2.02B), and India ($2B).

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

Comparative Advantage Czechia - Bangladesh

Flow
Scale

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

During 2022, Czechia had a large net trade with Bangladesh in the exports of Animal Products ($20.7M), Machines ($18.9M), and Instruments ($7.02M).

During 2017, Bangladesh had a large net trade with Czechia in the exports of Textiles ($995M), Footwear and Headwear ($48.4M), and Miscellaneous ($4.92M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Bangladesh+$2.15MLow-voltage Protection Equipment
Top Product Potential Bangladesh Czechia+$42.6MKnit Sweaters

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

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

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