Summary
- Bangladesh → South Korea
- $683million
- South Korea → Bangladesh
- $1.3billion
- Bangladesh’s balance
- -$618million
Balance
Bangladesh’s trade balance with South Korea
Trade between Bangladesh and South Korea grew 3.4-fold since 1995
USD billions (current). Bangladesh’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.7
- Imports 1.3
- Balance -0.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $16 million | $567 million | -$551 million |
| 1996 | $15 million | $567 million | -$551 million |
| 1997 | $17 million | $476 million | -$459 million |
| 1998 | $14 million | $601 million | -$586 million |
| 1999 | $13 million | $509 million | -$496 million |
| 2000 | $26 million | $710 million | -$684 million |
| 2001 | $32 million | $779 million | -$747 million |
| 2002 | $28 million | $595 million | -$567 million |
| 2003 | $32 million | $665 million | -$633 million |
| 2004 | $46 million | $604 million | -$558 million |
| 2005 | $48 million | $717 million | -$669 million |
| 2006 | $72 million | $790 million | -$718 million |
| 2007 | $151 million | $719 million | -$568 million |
| 2008 | $179 million | $1.1 billion | -$889 million |
| 2009 | $140 million | $1.2 billion | -$1 billion |
| 2010 | $154 million | $1.4 billion | -$1.3 billion |
| 2011 | $241 million | $1.1 billion | -$906 million |
| 2012 | $301 million | $2 billion | -$1.7 billion |
| 2013 | $337 million | $1.7 billion | -$1.3 billion |
| 2014 | $345 million | $1.2 billion | -$891 million |
| 2015 | $338 million | $1.6 billion | -$1.2 billion |
| 2016 | $299 million | $1.5 billion | -$1.2 billion |
| 2017 | $290 million | $1.6 billion | -$1.3 billion |
| 2018 | $353 million | $2.1 billion | -$1.8 billion |
| 2019 | $405 million | $1.3 billion | -$878 million |
| 2020 | $393 million | $1 billion | -$640 million |
| 2021 | $551 million | $1.6 billion | -$1.1 billion |
| 2022 | $677 million | $2.4 billion | -$1.7 billion |
| 2023 | $649 million | $1.6 billion | -$976 million |
| 2024 | $683 million | $1.3 billion | -$618 million |
What they sell each other
What Bangladesh sells to South Korea
The top 10 headings in 2024, with their share of the total.
What South Korea sells to Bangladesh
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Chittagong and Busan is 4,099 nautical miles (7,592 km) long: ≈ 9.5–12 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
South Korea was Bangladesh’s 17th largest trading partner (2% of its trade), and Bangladesh was South Korea’s 55th (0.1%).
- South Korea in Bangladesh’s trade
- 1.6%
- South Korea’s rank among Bangladesh’s partners
- 17th
- Bangladesh in South Korea’s trade
- 0.1%
- Bangladesh’s rank among South Korea’s partners
- 55th
Compare with
Other partners of Bangladesh
Other partners of South Korea
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.