Bangladesh's trade deficit widens sharply as imports rise and exports slip
Bangladesh, Aug. 9 -- Bangladesh has ended fiscal 2025-26 with a $27.28 billion trade deficit, nearly 34 percent higher than the previous year and the country's third-highest on record.
The gap widened as export earnings weakened amid hurdles including Trump-era tariffs, while import spending surged towards the end of the fiscal year.
The record deficit was $33.25 billion in FY2021-22, followed by $27.38 billion in FY2022-23.
Imports jumped 74.23 percent year-on-year to $7.17 billion in June, while exports earned $4.20 billion, further widening the annual gap.
Bangladesh imported goods worth $71.14 billion in FY2025-26, up 10.50 percent from $64.36 billion a year earlier. Export earnings slipped 0.2 percent to $43.85 billion from $43...
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