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Bangladesh foresees export growth despite sluggish economy

BTJ Desk Report
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Bangladesh foresees export growth despite sluggish economy

Bangladesh anticipates significant export growth in the coming years, aligned with global trade trends projected by the WTO. While world trade contracted in 2023, it is expected to recover with growth of 2.6% in 2024 and 3.3% in 2025, driven by lower inflation and increased consumer spending. Emerging Market and Developing Economies (EMDEs), including Bangladesh, are expected to see around 4% export growth in the medium term, outpacing advanced economies. Bangladesh’s export growth, projected to slow to 3.93% in 2024, is expected to rise to 8.83% by 2027.

Imports are also anticipated to rebound, with Bangladesh’s import volume expected to grow from 4.1% in 2024 to about 18% in 2025. Globally, EMDEs are set to surpass advanced economies in both export and import growth, reflecting their growing consumer markets and infrastructure investments.

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