Merchandise exports to low- and middle-income economies in South Asia in Bangladesh

Bangladesh: Merchandise exports to low- and middle-income economies in South Asia was 4.5% in 2023. ◆ Volatile

Latest (2023)
4.5%
Change on year
up 10.2%
World rank
52nd
of 205 countries
All-time high
13.2%
in 1984
All-time low
0.5%
in 1972
Years of data
52
1972–2023

Merchandise exports to low- and middle-income economies in South Asia in Bangladesh, 1972–2023

051015197219972023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies in south asia in Bangladesh stood at 4.5%.

Compared with earlier readings it is up 10.2% on the previous year and up 71.7% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in south asia in Bangladesh peaked at 13.2% in 1984 and was at its lowest, 0.5%, in 1972.

That places Bangladesh 52nd out of 205 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports to low- and middle-income economies in South Asia in Bangladesh, year by year

Annual values for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Bangladesh, 1972 to 2023.
Year % of total merchandise exports Change
1972 0.5%
1973 8.3% +1444.5%
1974 2.3% -72.5%
1975 3.0% +32.1%
1976 5.3% +74.0%
1977 9.5% +81.7%
1978 12.7% +32.9%
1979 9.3% -27.1%
1980 9.7% +5.1%
1981 9.2% -5.8%
1982 9.2% +0.7%
1983 10.4% +12.3%
1984 13.2% +27.3%
1985 8.6% -34.8%
1986 6.9% -20.3%
1987 4.6% -32.6%
1988 5.6% +20.2%
1989 4.3% -23.2%
1990 4.0% -6.1%
1991 5.1% +27.9%
1992 2.4% -53.3%
1993 2.5% +4.7%
1994 2.6% +3.4%
1995 2.8% +9.4%
1996 2.1% -25.2%
1997 2.5% +19.9%
1998 2.9% +16.4%
1999 2.3% -22.8%
2000 2.0% -14.0%
2001 2.0% +3.4%
2002 1.7% -14.9%
2003 2.1% +24.1%
2004 1.9% -10.3%
2005 2.6% +35.2%
2006 2.3% -10.1%
2007 2.8% +19.4%
2008 3.6% +28.6%
2009 3.0% -16.1%
2010 3.0% -0.2%
2011 3.3% +9.5%
2012 3.4% +3.2%
2013 2.6% -22.0%
2014 2.3% -14.6%
2015 2.7% +19.6%
2016 3.1% +13.4%
2017 2.7% -12.3%
2018 3.7% +38.0%
2019 3.7% -0.3%
2020 3.7% -0.2%
2021 4.5% +22.6%
2022 4.1% -8.9%
2023 4.5% +10.2%

Bangladesh compared with similar countries

  • Bangladesh's 4.5% is above the median for lower middle income countries, which is 2.6%, 1.7× the median. (47 countries reporting)
  • Bangladesh's 4.5% is below the median for South Asia, which is 8.2%, 55% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in South Asia in Bangladesh changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1973 +1444.5% 0.5% 8.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.4% 0.5% 12.7% 8
1980s 8.2% 4.3% 13.2% 10
1990s 2.9% 2.1% 5.1% 10
2000s 2.4% 1.7% 3.6% 10
2010s 3.0% 2.3% 3.7% 10
2020s 4.2% 3.7% 4.5% 4

Countries ranked near Bangladesh

  1. 49 Malaysia 4.7% compare
  2. 50 Argentina 4.6% compare
  3. 51 Burundi 4.6% compare
  4. 53 Thailand 4.4% compare
  5. 54 Singapore 4.3% compare
  6. 55 Switzerland 4.1% compare

See the full ranking of 252 places →

More private sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in south asia in Bangladesh?
Merchandise exports to low- and middle-income economies in south asia in Bangladesh was 4.5% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Bangladesh?
The highest recorded value was 13.2% in 1984.
What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Bangladesh?
The lowest recorded value was 0.5% in 1972.
How does Bangladesh rank for merchandise exports to low- and middle-income economies in south asia?
Bangladesh ranks 52nd out of 205 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in south asia rising or falling in Bangladesh?
Over the last ten years it is up 71.7%. The long-run trend across the full record is volatile.
Where does this Bangladesh data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in South Asia in Bangladesh. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-south-asia-percent-of-total/bangladesh/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 11,638 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.