Bangladesh, July 17 -- Bangladesh is seeking to deepen bilateral trade relations with Malaysia while narrowing a persistent trade deficit as bilateral commerce continues to expand despite a slowdown in exports.

Official data shows Bangladesh exported goods worth $282.55 million to Malaysia in FY25, while its imports from the Southeast Asian country reached $2.29 billion, leaving a trade deficit of $2.01 billion.

Trade officials say the imbalance can be reduced by diversifying Bangladesh's export basket beyond readymade garment and increasing shipments of higher value-added products.

According to Export Promotion Bureau (EPB) data, knitwear remained Bangladesh's largest export to Malaysia in FY25, earning $113.49 million.

Agricultural...