Imports in Bangladesh
Bangladesh - ImportsThe economy is likely to have contracted in the second half of FY 2020 (July 2019–June 2020) as strict domestic containment measures in March–May curtailed business activity and suppressed private consumption. Furthermore, tepid external demand—particularly for garments and textiles—resulted in tumbling exports in the same period, with unemployment set to spike markedly. More recently, following the easing of the nationwide lockdown at the end of May, conditions appear to be ameliorating. Exports for June were only marginally lower than in the year prior as foreign demand picked up on the back of an uptick in activity in major economies. Moreover, remittances surged in the same month boding well for household spending in the first quarter of FY 2021. However, flooding as a result of heavy rains in the north of the country is causing significant damage to infrastructure and displacing millions of people.
Bangladesh - Imports Data
|Imports (USD billion)||36.6||38.8||43.5||54.5||55.4|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||84.89||0.14 %||Jan 01|
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