Bangladesh is the 54th largest export economy in the world and the 123rd most complex economy according to the Economic Complexity Index (ECI). In 2017, Bangladesh exported $39.2B and imported $44B, resulting in a negative trade balance of $4.73B. In 2017 the GDP of Bangladesh was $249B and its GDP per capita was $3.87k.
The top exports of Bangladesh are Non-Knit Men’s Suits ($6.2B), Knit T-shirts ($5.89B), Knit Sweaters ($4.65B), Non-Knit Women’s Suits($4.12B) and Non-Knit Men’s Shirts ($2.26B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($2.62B), Raw Cotton ($1.62B), Heavy Pure Woven Cotton ($1.25B), Wheat ($1.23B) and Raw Sugar ($1.11B).
The top export destinations of Bangladesh are Germany ($6.11B), the United States ($5.81B), the United Kingdom ($3.56B), Spain ($2.79B) and France ($2.77B). The top import origins are China($15.1B), India ($7.05B), Singapore ($2.55B), Japan ($1.68B) and Brazil ($1.6B).
In 2017 Bangladesh imported $44B, making it the 53rd largest importer in the world. During the last five years the imports of Bangladesh have increased at an annualized rate of 9.5%, from $27.9B in 2012 to $44B in 2017. The most recent imports are led by Refined Petroleumwhich represent 5.97% of the total imports of Bangladesh, followed by Raw Cotton, which account for 3.67%.