Overview of the EPA Trade Data Comprehensive Analysis
This article provides a full HS-code-based analysis of Korea-Bangladesh trade using EPA (Economic Partnership Agreement) trade data. By cross-analyzing the top export and import items, it identifies trade concentration, complementarity, and the share of intra-industry trade, while also drawing out promising trade items and tariff negotiation priorities for a future FTA or CEPA.
Export HS Code Analysis
| HS | Product | Export Value | Share | Growth |
|---|---|---|---|---|
| 72 | Iron and steel | $320M | 22% | +5% |
| 39 | Synthetic resins | $200M | 14% | +3% |
| 54 | Man-made filament yarn | $150M | 10% | -2% |
| 84 | Machinery | $130M | 9% | +12% |
| 85 | Electrical equipment | $110M | 8% | +8% |
| 55 | Man-made staple fibers | $80M | 5% | -5% |
| 29 | Organic chemicals | $60M | 4% | +7% |
| 87 | Vehicles | $50M | 3% | +15% |
| 73 | Articles of iron and steel | $40M | 3% | +10% |
| 32 | Dyes and pigments | $30M | 2% | +6% |
Import HS Codes and Complementarity Analysis
Trade Structure Outlook
The EPA trade data review shows that Korea-Bangladesh trade still follows a classic vertical specialization model, with a complementarity index of 0.68. Exports of industrial goods such as steel, chemicals, and machinery, together with imports of consumer goods such as apparel and leather products, remain the core structure. If a CEPA is concluded, a steel-apparel package deal is a plausible outcome. Medical devices, cosmetics, and IT equipment stand out as promising export items, while product diversification will be the key task on the path toward the bilateral trade target of $5 billion by 2030.