2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Germany-Bangladesh Trade: In 2022, Germany exported $808M to Bangladesh. The main products that Germany exported to Bangladesh were Planes, Helicopters, and/or Spacecraft ($51.1M), Textile Processing Machines ($45.3M), and Gas Turbines ($30.4M). Over the past 5 years the exports of Germany to Bangladesh have increased at an annualized rate of 1.09%, from $765M in 2017 to $808M in 2022.

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

Bangladesh-Germany Trade: In 2022, Bangladesh exported $10.2B to Germany. The main products that Bangladesh exported to Germany were Knit T-shirts ($1.74B), Knit Sweaters ($1.53B), and Non-Knit Men's Suits ($1.38B). Over the past 5 years the exports of Bangladesh to Germany have increased at an annualized rate of 10.8%,  from $6.12B in 2017 to $10.2B in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $808M to Bangladesh. The main products exported from Germany to Bangladesh were Planes, Helicopters, and/or Spacecraft ($51.1M), Textile Processing Machines ($45.3M), and Gas Turbines ($30.4M). During the last 5 years the exports of Germany to Bangladesh have increased at an annualized rate of 1.09%, from $765M in 2017 to $808M in 2022.

In 2017, Bangladesh exported $10.2B to Germany. The main products exported from Bangladesh to Germany were Knit T-shirts ($1.74B), Knit Sweaters ($1.53B), and Non-Knit Men's Suits ($1.38B). During the last 5 years the exports of Bangladesh to Germany have increased at an annualized rate of 10.8%, from $6.12B in 2022 to $10.2B in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Germany than Bangladesh included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Bangladesh than Germany included Nepal ($55.1M).

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

Comparative Advantage Germany - Bangladesh

Flow
Scale

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

During 2022, Germany had a large net trade with Bangladesh in the exports of Machines ($424M), Chemical Products ($121M), and Instruments ($83.7M).

During 2017, Bangladesh had a large net trade with Germany in the exports of Textiles ($9.69B), Footwear and Headwear ($286M), and Transportation ($87.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Bangladesh+$24.1MVaccines, blood, antisera, toxins and cultures
Top Product Potential Bangladesh Germany+$257MNon-Knit Women's Suits

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

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

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