Saudi Arabia (SAU) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Bangladesh Trade: In 2021, Saudi Arabia exported $1.13B to Bangladesh. The main products that Saudi Arabia exported to Bangladesh were N/A. Over the past 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 21.6%, from $424M in 2016 to $1.13B in 2021.

In 2021, Saudi Arabia did not export any services to Bangladesh.

Bangladesh-Saudi Arabia Trade: In 2021, Bangladesh exported $488M to Saudi Arabia. The main products that Bangladesh exported to Saudi Arabia were N/A. Over the past 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 6.67%, from $353M in 2016 to $488M in 2021.

In 2021, Bangladesh did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Saudi Arabia exported $1.13B to Bangladesh. There were not main exports from Saudi Arabia to Bangladesh in 2021. During the last 5 years the exports of Saudi Arabia to Bangladesh have increased at an annualized rate of 21.6%, from $424M in 2016 to $1.13B in 2021.

In 2016, Bangladesh exported $488M to Saudi Arabia. There were not main exports from Bangladesh to Saudi Arabia in 2016. During the last 5 years the exports of Bangladesh to Saudi Arabia have increased at an annualized rate of 6.67%, from $353M in 2021 to $488M in 2016.

Exports from Saudi Arabia () to Bangladesh () (2021)

Exports from Bangladesh () to Saudi Arabia () (2021)

Latest Data

Trade between Saudi Arabia () and Bangladesh ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Saudi Arabia than Bangladesh included China ($68B), India ($46.2B), and South Korea ($36B).

In 2022, countries that imported more from Bangladesh than Saudi Arabia included Germany ($10.2B), United Kingdom ($4.86B), and Denmark ($1.28B).

Difference in imports from Bangladesh () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Bangladesh+$12.7kRefined Petroleum

Top Product Potential Bangladesh Saudi Arabia+$7.42kKnit T-shirts

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Bangladesh () (2021)

Exports from Bangladesh () to Saudi Arabia () (2021)

Latest Data

Trade between Saudi Arabia () and Bangladesh ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Bangladesh () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Bangladesh () (2021)

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