The Bangladesh Trade Portal (BTP) is an official source of all regulatory information relevant to traders who wish to import goods into Bangladesh or export to other countries. The Ministry of Commerce of the Bangladesh Government has established the Portal in order to improve the predictability and transparency of the country’s trading laws and processes.

Bangladesh's trade deficit shrinks 48pc in FY23

Updated on : 19-10-2023

Bangladesh's trade deficit shrinks 48pc in FY23

DHAKA, Aug 3, 2023 (BSS) - Bangladesh's trade deficit in the fiscal 2022-23 (FY23) narrowed amid a raft of measures, including import controls.

The country's trade deficit has decreased to -$17,155 million ( around 48 percent) in FY23 - down from -$33,250 million in the previous fiscal year - due to the tightening of imports, according to data from the Bangladesh Bank (BB).

The country's imports went down by 15.76 percent to $69.49 billion in the year ending on 30 June, while exports rose by 6.28 percent to $52.34 billion, helping the country reduce its trade gap.


Most Recent News

Search All News

Member Area

Search this Site

Download Trade Portal Apps


Search Trade Information 

Upcoming Events