Export growth outpaces import, reducing the deficit by 4.41 percent in July to FebruaryTrade deficit dropped by $632mn in 8 months as exports grow more than importsBangladesh’s trade deficit continues to decline in the 2024-25 financial year as export growth surpasses import expansion. On the other hand, imports rose by 4.5 percent and in the current fiscal stood at $43.73 billion from $41.87 billion in the previous fiscal. An analysis shows that the trade deficit has narrowed due to the increase in imports along with exports. According to the balance of payments data, the current account deficit has declined by 68.90 percent in the first eight months. The current account deficit during the period stood at $1.27 billion, down from $4.7 billion in the same period of the previous fiscal year.

Source: bd News24 April 06, 2025 16:39 UTC