DHAKA, Oct. 29 (Xinhua) -- Bangladesh's trade deficit expanded 7.41 percent year-on-year in the July-August period of the current 2025-26 fiscal year, reaching almost three billion U.S. dollars, the latest central bank figures showed.
According to statistics of the Bangladesh Bank (BB), the country exported 7.93 billion dollars worth of goods while imported items worth 10.89 billion dollars in the July-August period of the current fiscal year (July 2025-June 2026).
In the first two months of the current fiscal year, Bangladesh's export earnings rose by 10.7 percent while imports soared by 9.8 percent compared with a year earlier.
Bangladesh's trade deficit in the last 2024-25 fiscal year from July 2024 to June 2025 dipped by more than nine percent to 20.39 billion dollars year-on-year.
Officials said the growth in remittances has always helped Bangladesh cushion the impact of trade deficit.
Bangladeshis living and working abroad remitted back 4,900 million dollars in the July-August period, central bank data showed.
According to the data, remittance, one of the key sources of foreign exchange for the South Asian nation, increased 8.90 percent year-on-year to 2.42 billion dollars in the second month (August) of the 2025-26 fiscal year. ■