External trade data reveals a challenging economic landscape. A significant decline in the import of capital machinery and industrial raw materials suggests a slowdown in domestic manufacturing activities. Simultaneously, export earnings have failed to meet expectations. According to TBS Bangladesh, these combined factors have caused the national trade deficit to widen by nearly 24 percent.
Economy
Trade deficit expands by 24% amid falling exports and capital imports
The country's trade deficit has surged by nearly 24 percent as export earnings missed targets and imports of industrial raw materials and capital machinery declined.
Source: TBS Bangladesh