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Bangladesh’s trade deficit narrows by 4.24% in first 11 months of FY25

BTJ News Desk
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Bangladesh’s trade deficit decreased by 4.24% in the first 11 months of fiscal year 2024–2025, reflecting a modest improvement in the country’s external financial position. According to data released by the Bangladesh Bank, the trade deficit stood at $19.38 billion from July to May, down from $20.24 billion during the same period of the previous fiscal year—an annual decline of $860 million.

Exports rose to $40.87 billion, up 9.45% from $37.34 billion a year earlier while Imports increased to $60.34 billion, marking a 4.8% rise from $57.57 billion. Thus current account deficit narrowed significantly to $432 million, compared to $6.11 billion in the same period last year. The current account measures day-to-day transactions such as trade, services, and remittances.

The financial account surplus dropped sharply to $2.66 billion from $20.7 billion year-on-year. This account captures net flows from foreign direct investment (FDI), loans, grants, remittances, and portfolio investments.

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