Trade gap reaches $9.4b in FY17

Dhaka,  Sun,  24 September 2017
Published : 16 Aug 2017, 16:50:03 | Updated : 16 Aug 2017, 16:53:06

Trade gap reaches $9.4b in FY17

Trade gap reaches $9.4b in FY17
FE Online Report
Country’s merchandise trade deficit with the rest of the world reached $9.47 billion in the past fiscal year (FY17).

Bangladesh Bank today (Wednesday) released the updated data, which revealed the information on the country’s balance of payments (Bop).

It also shows that trade deficit in FY16 was $6.46 billion. Thus, trade deficit jumped by 46.62 per cent in FY17.  

Central bank statistics also revealed that deficit in services trade also increased to $3.28 billion in the past fiscal year which was $2.70 billion in FY16.
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