China
↔
Bangladesh

China-Bangladesh Bilateral Trade Analysis 2023

Complete trade statistics: $23.92B total volume •China surplus: $21.88B

China → Bangladesh

$22.90B

Exports (2023)

Bangladesh → China

$1.02B

Imports (2023)

Trade Balance

$21.88B

Surplus for China

Total Trade

$23.92B

Combined Volume

Trade Flow Visualization

Direct trade relationship between China and Bangladesh. Green line shows exports from China, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Bangladesh commercial relationship and competitive positioning in global markets.

China → Bangladesh Exports

$22.90B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
12.9% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$2.96B
12.9% of exports
2Fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread
$382.56M
1.7% of exports
3Fabrics, woven: containing 85% or more by weight of textured polyester filaments, dyed
$368.67M
1.6% of exports
4Fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed
$349.15M
1.5% of exports
5Fabrics, woven: containing less than 85% by weight of cotton, mixed mainly or solely with man-made fibres, weighing more than 200g/m2, of yarns of different colours, denim
$318.45M
1.4% of exports
6Fabrics: pile fabrics (excluding long pile and loop pile), of man-made fibres, knitted or crocheted
$297.34M
1.3% of exports
7Telephones for cellular networks or for other wireless networks
$284.23M
1.2% of exports
8Fabrics, woven: containing 85% or more by weight of non-textured polyester filaments
$189.96M
0.8% of exports
9Textile fabrics: impregnated, coated, covered or laminated with polyurethane
$184.11M
0.8% of exports
10Fabrics, woven: of flax, containing less than 85% flax, other than unbleached or bleached
$182.15M
0.8% of exports

🎯 Strategic Export Focus

China's export portfolio to Bangladesh demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

Bangladesh → China Imports

$1.02B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
6.8% concentration
1Yarn: of jute or of other textile bast fibres, single
$69.04M
6.8% of imports
2Human hair, dressed, thinned, bleached or otherwise worked: wool or other animal hair or other textile materials, prepared for use in making wigs or the like
$67.40M
6.6% of imports
3Cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale
$66.20M
6.5% of imports
4Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)
$64.61M
6.3% of imports
5T-shirts, singlets and other vests: of cotton, knitted or crocheted
$54.31M
5.3% of imports
6Tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), full grains, unsplit: grain splits
$50.04M
4.9% of imports
7Crustaceans: live, fresh or chilled, crabs, whether in shell or not
$39.05M
3.8% of imports
8Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)
$35.71M
3.5% of imports
9Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$28.99M
2.8% of imports
10Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)
$25.20M
2.5% of imports

📦 Import Strategy Analysis

China's import pattern from Bangladesh reveals significant dependencyin yarn: of jute or of other textile bast fibres, single, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Bangladesh, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $23.92B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: China-Bangladesh Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $23.92 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: China maintains a surplus of $21.88 billion
  • Export Focus: China's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread, fabrics, woven: containing 85% or more by weight of textured polyester filaments, dyed
  • Import Dependencies: Key imports from Bangladesh include yarn: of jute or of other textile bast fibres, single, human hair, dressed, thinned, bleached or otherwise worked: wool or other animal hair or other textile materials, prepared for use in making wigs or the like, cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

📈 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 $23.92B 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 China leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

1

Comparative Advantage

China's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Bangladesh's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in yarn: of jute or of other textile bast fibres, single.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $23.92B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
🔮

Trade Relationship Outlook

The $23.92B 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 $23.92 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and yarn: of jute or of other textile bast fibres, single demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

China's trade surplus of $21.88 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread present expansion opportunities.
Market Diversification
Beyond current focus on yarn: of jute or of other textile bast fibres, single, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯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 China and Bangladesh represents a total trade volume of $23.92 billion in 2023. This partnership demonstrates a favorable trade balance for China, with exports exceeding importsby $21.88 billion.

Export Strengths

China's exports to Bangladesh total $22.90 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $2.96B or12.9% of bilateral exports.

Import Dependencies

Imports from Bangladesh amount to $1.02 billion, highlighting economic interdependence in yarn: of jute or of other textile bast fibres, single, with Yarn: of jute or of other textile bast fibres, single comprising6.8% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China'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 China and Bangladesh in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023