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Bangladesh trades with 210 countries, but has trade deficit with 82 of them

Among Saarc countries, Bangladesh has a trade deficit with Afghanistan, Bhutan, and Pakistan, excluding Nepal, Sri Lanka, and the Maldives.
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State Minister for Commerce Ahsanul Islam Titu disclosed these details. As per FY23 data, Bangladesh had a total trade deficit of $15,239.55 million. Among Saarc countries, Bangladesh has a trade deficit with Afghanistan, Bhutan, and Pakistan, excluding Nepal, Sri Lanka, and the Maldives. Addressing the post-graduation challenges by rising above being a least developed country, the government has initiated several regional trade agreements with various countries.

The trade deficit stands at $1.49 million with Afghanistan, $14.49 million with Bhutan, $7,160.81 million with India, and $614.73 million with Pakistan. Bangladesh also enjoys a trade surplus of  $41.54 million with Nepal, $9.07 million with Sri Lanka, and $0.14 million with the Maldives.

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