Bangladesh trade deficit with India hits $7.86 billion: Minister
The minister said Bangladesh has also trade deficits with Afghanistan, Bhutan and Pakistan, but it enjoys trade surpluses with Nepal, Sri Lanka and the Maldives, among the Saarc countries.
Industries Minister Khandakar Abdul Muktadir today (20 April) informed parliament that Bangladesh witnessed its highest trade imbalance with India among Saarc member countries, with the gap reaching $7.86 billion in the 2024-25 fiscal year.
"Bangladesh's trade deficit [among Saarc members] with India is the highest. The gap stood at $7.86 billion in FY2024-25," he said, while replying to a starred question from treasury bench member SM Jahangir Hossain (Dhaka-18).
The minister said Bangladesh has also trade deficits with Afghanistan, Bhutan and Pakistan, but it enjoys trade surpluses with Nepal, Sri Lanka and the Maldives, among the Saarc countries.
Presenting detailed figures, he said Bangladesh exported goods worth $11.09 million to Afghanistan and imported $21.80 million, resulting in a deficit of $10.71 million.
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Exports to Bhutan stood at $14.33 million, while imports reached $44.10 million, leaving a deficit of $29.77 million.
In trade with India, Bangladesh exported goods worth $1,764.24 million against imports of $9,624.10 million, resulting in a deficit of $7,859.87 million.
With Nepal, Bangladesh exported goods worth $35.40 million and imported $5.50 million, maintaining a trade surplus.
Exports to Pakistan were $74 million, while imports stood at $755.30 million, creating a deficit of $681.30 million.
Bangladesh exported $82.85 million worth of products to Sri Lanka against imports of $76.60 million, while exports to the Maldives were $6.35 million compared to imports of $3.50 million, both reflecting trade surpluses.
