Bangladesh-USA Bilateral Trade Analysis 2023
Complete trade statistics: $10.79B total volume •Bangladesh surplus: $6.38B
Bangladesh → USA
$8.58B
Exports (2023)
USA → Bangladesh
$2.21B
Imports (2023)
Trade Balance
$6.38B
Surplus for Bangladesh
Total Trade
$10.79B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Bangladesh and USA. Green line shows exports from Bangladesh, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Bangladesh-USA commercial relationship and competitive positioning in global markets.
Bangladesh → USA Exports
Export Market Intelligence
🎯 Strategic Export Focus
Bangladesh's export portfolio to USA demonstrates strong diversification across multiple sectors, with trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) representing a key competitive advantage in this bilateral market.
USA → Bangladesh Imports
Import Dependency Profile
📦 Import Strategy Analysis
Bangladesh's import pattern from USA reveals significant dependencyin ferrous waste and scrap: n.e.c. in heading no. 7204, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Bangladesh demonstrates competitive strength in exportingtrousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) to USA, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $10.79B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Bangladesh-USA Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $10.79 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Bangladesh maintains a surplus of $6.38 billion
- Export Focus: Bangladesh's primary exports include trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted), shirts: men's or boys', of cotton (not knitted or crocheted)
- Import Dependencies: Key imports from USA include ferrous waste and scrap: n.e.c. in heading no. 7204, cotton: not carded or combed, soya beans: other than seed, whether or not broken
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $10.79B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Bangladesh leveraging its comparative advantages in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Bangladesh's specialization in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)complements USA's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in ferrous waste and scrap: n.e.c. in heading no. 7204.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $10.79B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $10.79B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $10.79 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) and ferrous waste and scrap: n.e.c. in heading no. 7204 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Bangladesh's trade surplus of $6.38 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Bangladesh and USA represents a total trade volume of $10.79 billion in 2023. This partnership demonstrates a favorable trade balance for Bangladesh, with exports exceeding importsby $6.38 billion.
Export Strengths
Bangladesh's exports to USA total $8.58 billion, with competitive advantages in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), representing $1.49B or17.4% of bilateral exports.
Import Dependencies
Imports from USA amount to $2.21 billion, highlighting economic interdependence in ferrous waste and scrap: n.e.c. in heading no. 7204, with Ferrous waste and scrap: n.e.c. in heading no. 7204 comprising26.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Bangladesh's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Bangladesh and USA in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023