Bangladesh's trade deficit in first 11 months of FY 2023-24 narrows

DHAKA, July 25 (Xinhua) -- Bangladesh's trade deficit decreased by 6 billion U.S. dollars to 20 billion dollars in the first 11 months of the fiscal year 2023-24 from July 2023 to June 2024, showed the latest data of the Bangladesh Bank.

The pressure on the trade balance eased slightly as imports fell by 12.6 percent year-on-year during the July-May period of the fiscal year, the local newspaper The Business Sta