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Trade between Bangladesh and Turkey

In 2024, Bangladesh exported $876 million to Turkey and imported $401 million. Bangladesh ran a surplus of $474 million with Turkey, compared with a surplus of $88 million in 2019. Turkey was Bangladesh’s 20th largest trading partner (1% of its trade), and Bangladesh was Turkey’s 64th (0.2%).

Summary

Bangladesh → Turkey
$876million
Turkey → Bangladesh
$401million
Bangladesh’s balance
$474million

Balance

Bangladesh’s trade balance with Turkey

Trade between Bangladesh and Turkey grew 46.8-fold since 1995

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

  • Exports 876
  • Imports 401
  • Balance +474

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$22 million$5 million$17 million
1996$25 million$14 million$12 million
1997$20 million$21 million-$1 million
1998$25 million$23 million$2 million
1999$25 million$26 million-$2 million
2000$26 million$43 million-$17 million
2001$31 million$22 million$9 million
2002$32 million$31 million$948 thousand
2003$46 million$52 million-$6 million
2004$84 million$48 million$36 million
2005$115 million$117 million-$2 million
2006$185 million$105 million$80 million
2007$259 million$85 million$174 million
2008$457 million$84 million$373 million
2009$580 million$169 million$411 million
2010$858 million$172 million$686 million
2011$914 million$186 million$728 million
2012$705 million$346 million$359 million
2013$887 million$315 million$573 million
2014$891 million$250 million$641 million
2015$848 million$300 million$548 million
2016$765 million$358 million$407 million
2017$752 million$395 million$357 million
2018$563 million$485 million$79 million
2019$509 million$421 million$88 million
2020$570 million$341 million$229 million
2021$482 million$502 million-$19 million
2022$664 million$492 million$172 million
2023$665 million$402 million$263 million
2024$876 million$401 million$474 million

What they sell each other

What Bangladesh sells to Turkey

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

  1. Jute yarn$128 million · 14.7%
    120 thousand tonnes
  2. T-shirts$110 million · 12.5%
    7 thousand tonnes
  3. Women's suits and dresses$103 million · 11.8%
    6 thousand tonnes
  4. Sweaters and pullovers$91 million · 10.5%
    6 thousand tonnes
  5. Men's suits and trousers$87 million · 10%
    6 thousand tonnes
  6. Men's shirts$43 million · 4.9%
    2 thousand tonnes
  7. 3 thousand tonnes
  8. Men's coats and jackets$37 million · 4.2%
    1 thousand tonnes
  9. 3 thousand tonnes
  10. Women's blouses$27 million · 3.1%
    1 thousand tonnes

What Turkey sells to Bangladesh

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

  1. Raw cotton$94 million · 23.3%
    52 thousand tonnes · Bangladesh’s sources
  2. 2 thousand tonnes
  3. 9 thousand tonnes
  4. Cotton yarn$14 million · 3.5%
    5 thousand tonnes
  5. Pumice, emery and natural abrasives$11 million · 2.8%
    97 thousand tonnes
  6. Heavy blended cotton fabric$10 million · 2.4%
    919 tonnes
  7. Other measuring instruments$9 million · 2.3%
    8 tonnes
  8. 662 tonnes
  9. Refined petroleum$7 million · 1.8%
    12 thousand tonnes · Turkey’s destinations
  10. Detergents and surfactants$7 million · 1.8%
    3 thousand tonnes

How it travels

Estimated sea route from Chittagong to Istanbul.

The estimated sea route between Chittagong and Istanbul is 12,809 nautical miles (23,722 km) long: ≈ 29.5–38 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope, the Strait of Gibraltar and the Dardanelles (12,809 nautical miles); and 15% via the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (5,653 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$1.2 billion · 96.7%
  2. Air$42 million · 3.3%

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

How much each matters to the other

Turkey was Bangladesh’s 20th largest trading partner (1% of its trade), and Bangladesh was Turkey’s 64th (0.2%).

Turkey in Bangladesh’s trade
1%
Turkey’s rank among Bangladesh’s partners
20th
Bangladesh in Turkey’s trade
0.2%
Bangladesh’s rank among Turkey’s partners
64th

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.