Trade Balance in Bangladesh

Bangladesh Trade Balance | Economic News & Forecasts

Bangladesh - Trade Balance

The economy appears to have begun fiscal year 2020, which started in June, well. In the first two months of the fiscal year, remittances increased around 12% in U.S. dollar terms compared to the same period a year earlier. Moreover, bank credit extensions also increased over 12% in July in annual terms. These developments indicate healthy domestic demand, and likely offset the introduction of a wider VAT regime and a one-third increase in natural gas prices, which took effect 1 July. However, in July–August, merchandise exports decreased slightly compared to the same period a year earlier, largely due to a small drop in ready-made garment exports amid a slowing global economy.

Bangladesh - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-10.3  -6.8  -7.0  -6.5  -9.5  

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Bangladesh Trade Balance Chart

Bangladesh Trade
Note: Trade balance in USD bn.

Bangladesh Facts

Exchange Rate84.500.14 %Sep 04

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