Sangsad Bhaban, Nov. 15 -- Bangladesh's trade deficit with the rest of the world stood at US$24.17 billion in the fiscal year 2024-25, with the deficit with India alone amounting to US$7.86 billion, Commerce Minister Khandakar Abdul Muktadir told Parliament on Sunday.

"In the 2024-25 fiscal year, exports amounted to 55.19 billion US dollars. In contrast, imports totaled 79.36 billion US dollars, resulting in a trade deficit of 24.17 billion US dollars," he said, while replying to a question from treasury bench lawmaker Nilufar Chowdhury Moni (Women Seat-10).

During the 2024-25 fiscal year, goods from Bangladesh were exported to 202 destinations, the minister said.

He said the readymade garment (RMG) sector accounted for 84 percent of t...