The country’s trade deficit widened by more than 6.0 percent to $4.56 billion in July-August period from a year ago, according to data from Bangladesh Bank. The trend was also reflected in the current account balance, which fell further into the red, from $439 million in July to $1.5 billion by
Tag: trade deficit
Bangladesh’s trade deficit crosses $33b in FY22
The country’s deficit in trade in goods with the rest of the world crossed US$33 billion in the last fiscal year (FY22), according to the central bank’s updated statistics released on Monday. It showed that the merchandise trade deficit stood at $33.25 billion in the last fiscal year (FY22) which was