China’s capacity to export goods all over the world by means of cheap labor intensive methods should not be a discouraging factor for there always be a niche market for competitive advantage. Here is the list of exports from Bangladesh taken from MIT’s OEC countries trade analysis:
Bangladesh is the 55th largest export economy in the world and the 139th most complex economy according to the Economic Complexity Index (ECI). In 2015, Bangladesh exported $35.7B and imported $38.3B, resulting in a negative trade balance of $2.6B. In 2015 the GDP of Bangladesh was $195B and its GDP per capita was $3.34k.
The top exports of Bangladesh are Non-Knit Men's Suits ($5.6B), Knit T-shirts($5.28B), Knit Sweaters($4.12B), Non-Knit Women's Suits ($3.66B) and Non-Knit Men's Shirts ($2.52B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Heavy Pure Woven Cotton ($1.33B), Refined Petroleum ($1.25B), Light Pure Woven Cotton ($1.12B), Raw Cotton ($1.01B) and Wheat($900M).
The top export destinations of Bangladesh are the United States ($6.19B), Germany ($5.17B), the United Kingdom ($3.53B), France ($2.37B) and Spain($2.29B). The top import origins are China ($13.9B), India ($5.51B), Singapore ($2.22B), Hong Kong($1.47B) and Japan ($1.36B).
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