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Trade between Bangladesh and Spain

In 2024, Bangladesh exported $3.8 billion to Spain and imported $132 million. Bangladesh ran a surplus of $3.7 billion with Spain, compared with a surplus of $3.2 billion in 2019. Spain was Bangladesh’s 8th largest trading partner (3% of its trade), and Bangladesh was Spain’s 35th (0.5%).

Summary

Bangladesh → Spain
$3.8billion
Spain → Bangladesh
$132million
Bangladesh’s balance
$3.7billion

Balance

Bangladesh’s trade balance with Spain

Trade between Bangladesh and Spain grew 45.3-fold since 1995

USD billions (current). Bangladesh’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.8
  • Imports 0.1
  • Balance +3.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$65 million$22 million$42 million
1996$68 million$33 million$36 million
1997$77 million$34 million$43 million
1998$81 million$33 million$48 million
1999$85 million$18 million$67 million
2000$117 million$47 million$70 million
2001$154 million$29 million$124 million
2002$178 million$33 million$145 million
2003$276 million$53 million$223 million
2004$418 million$77 million$341 million
2005$461 million$91 million$370 million
2006$599 million$106 million$493 million
2007$651 million$95 million$556 million
2008$836 million$126 million$710 million
2009$832 million$99 million$733 million
2010$947 million$93 million$854 million
2011$1.4 billion$119 million$1.2 billion
2012$1.4 billion$179 million$1.2 billion
2013$1.7 billion$124 million$1.6 billion
2014$2 billion$139 million$1.9 billion
2015$2.2 billion$210 million$2 billion
2016$2.6 billion$183 million$2.4 billion
2017$2.8 billion$190 million$2.6 billion
2018$3.3 billion$6.2 billion-$2.9 billion
2019$3.4 billion$219 million$3.2 billion
2020$3 billion$164 million$2.8 billion
2021$3.6 billion$226 million$3.4 billion
2022$4.4 billion$207 million$4.2 billion
2023$3.9 billion$178 million$3.8 billion
2024$3.8 billion$132 million$3.7 billion

What they sell each other

What Bangladesh sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. T-shirts$761 million · 20%
    59 thousand tonnes
  2. Women's suits and dresses$578 million · 15.2%
    38 thousand tonnes
  3. Sweaters and pullovers$520 million · 13.7%
    35 thousand tonnes
  4. Men's suits and trousers$452 million · 11.9%
    28 thousand tonnes
  5. 17 thousand tonnes
  6. Men's shirts$127 million · 3.3%
    5 thousand tonnes
  7. Men's coats and jackets$122 million · 3.2%
    7 thousand tonnes
  8. Women's coats and jackets$110 million · 2.9%
    7 thousand tonnes
  9. Men's knitted shirts$93 million · 2.4%
    6 thousand tonnes
  10. 5 thousand tonnes

What Spain sells to Bangladesh

The top 10 headings in 2024, with their share of the total.

  1. 5 thousand tonnes
  2. Raw cotton$9 million · 6.5%
    5 thousand tonnes · Bangladesh’s sources
  3. 112 tonnes
  4. 2 thousand tonnes
  5. 2 thousand tonnes
  6. Synthetic dyes$6 million · 4.8%
    2 thousand tonnes
  7. Pet and animal feed$4 million · 3.2%
    3 thousand tonnes
  8. Detergents and surfactants$3 million · 2.6%
    1 thousand tonnes
  9. Textile machine accessories$3 million · 2.2%
    265 tonnes
  10. 22 tonnes

How it travels

Estimated sea route from Chittagong to Valencia.

The estimated sea route between Chittagong and Valencia is 11,451 nautical miles (21,208 km) long: ≈ 26.5–34 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Gibraltar (11,451 nautical miles); and 15% via the Bab-el-Mandeb Strait and the Suez Canal (6,631 nautical miles).

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

  1. Sea$3.9 billion · 99.1%
  2. Air$37 million · 0.94%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Bangladesh’s 8th largest trading partner (3% of its trade), and Bangladesh was Spain’s 35th (0.5%).

Spain in Bangladesh’s trade
3.2%
Spain’s rank among Bangladesh’s partners
8th
Bangladesh in Spain’s trade
0.5%
Bangladesh’s rank among Spain’s partners
35th

Compare with

Sources and methodology

Sources and licenses

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.